New security flaw in credit card chip system revealed . by Jose Pagliery @Jose_Pagliery August 5, 2016: 1:04 PM ET . Watch a hacked ATM spew cash. ... They're not encrypting the transaction.

New versions of the Prilex point-of-sale malware can block secure, NFC-enabled contactless credit card transactions, forcing consumers to insert credit cards that are then stolen by the malware.

Mastercard is using AI to help detect and prevent credit card fraud. The company says the tech can flag unusual patterns and block fraudulent transactions. This article is part of "AI in Action ...

The PCI Security Standards Council (PCI SSC), created as an independent body by major credit card companies in 2006, provides standards, tools, frameworks, and measurements to help organizations ...