Analytics

The attention around tokenization — replacing static account numbers with a one-time-use token — has been good for security but worrying for businesses that rely on a static identifier for future reference.

By the time you finish reading this sentence, two more Americans will have fallen prey to credit card fraud.

The U.K. bank's new business unit takes advantage of the massive amount of data it stores to offer a new array of products and services, including managing customers' digital identities.

Marriott International's efforts to acquire Starwood Hotels and Resorts Worldwide — combining two major hotel chains that have suffered data breaches — should force both chains to reexamine the way they handle sensitive payment card data.

Fallout from widespread data breaches hurts many payment industry sectors, but this year's tax-filing season brings fresh pain for the prepaid card industry, with new details out connecting prepaid cards with some of last year's biggest tax refund fraud busts.

The capacity for EMV cards to swiftly and drastically reduce payment card fraud in the U.S. is by no means assured.

Hackers penetrated the computer network of a Verizon Communications subsidiary, but the company says it plugged the hole before much data was compromised.

Hackers linked to the Iranian government launched cyber-attacks on some four dozen U.S. financial institutions and a flood-control dam above New York City in forays meant to undermine U.S.markets and national security, according to federal prosecutors.

We may have more in common than we let on, there are some things that I think Canadians are doing better than their counterparts, including the U.S. and that includes fraud management.

Fifth Third is using savings generated from closing more than 100 branches over the past year to expand its digital capabilities through a major IT hiring initiative.