Details of the largest US hacking and identity theft ever are now emerging, as the Department of Justice has made public the charges returned for the eleven members of the international group behind a massive retail credit / debit card hacking scheme. The hackers, three of which are American, one Estonian, three from Ukraine, two from China and one from Belarus, are believed to be responsible for the theft and sale of over 40 million credit and debit card numbers from such retailers as Barnes & Noble, OfficeMax, Forever 21, Boston Market and Sports Authority.

Norwegian financial institution DnB is to implement the zero-touch fraud detection system Entrust Risk-based Authentication Solution from US digital security services provider Entrust.  The system provides fraud detection and historical analysis capabilities, coupled with critical data from the Entrust Open Fraud Intelligence Network (OFIN).

US-based payment software management provider Purepay Receivables Automation has named Douglas M. Myers as its new sales and business development vice president. Myers’ movement to Purepay comes after he worked as sales and business development manager for web-based CRM developer Vertical Solutions.

MoneyBookers, European e-wallet payment systems, reveals that it has reached five million accounts, well in advance of its schedule. Moneybookers now offers an extensive payment network and combines a money transfer service with local payments options in more than 40 countries for online shopping and transactions.

PayPal has officially announced the appointment of Scott Guilfoyle as senior vice president in charge of platform services. Guilfoyle, who has previously held management positions in companies such as Bank of America and General Electric, will have to draw on his previous online banking and technology expertise in overseeing the next stage in the development of PayPal’s popular payment platform.

Smart card technology provider NET 1 announced the implementation of its smart card technology and electronic transaction platform UEPS (Universal Electronic Payment Solution) in Iraq. The smart card technology, implemented in cooperation with the two Iraqi state banks, Rafidain and Rasheed , aims to increase the efficiency of government grants and salary distribution to appointed beneficiaries.