Visa and MasterCard announce plans to discontinue password use on 3D Secure, Verify by Visa and SecureCode secure payment platforms.

Trend Micro's Rik Ferguson posted a good piece on Thursday about a major shortcoming in credit card security programs maintained by MasterCard and Visa. Although the loophole that Ferguson ...

MasterCard has elected to run its SecureCode hosted credit card fraud service on Sun Fire servers running Java technology and the Solaris operating platform.

Both SecureCode and rival service Verified by Visa are striving to build a critical mass of retailers and banks for their respective offerings.