Analytics

Bank executives and outside experts finger technology as the area most in need of improvement when it comes to vetting financial institutions' ability to withstand the next bit economic shock.

Credit-card industry executives always insist that they face strong competition. But the battle between the nation's largest card issuers appears to have intensified in recent months, and it shows no signs of waning.

After the Oct. 1 EMV liability shift takes effect, the process of handling chargeback disputes could get messy for merchants unfamiliar with the new factors in play.

EMV is being touted as the dawn of a new era in credit card fraud prevention. However, there are doubts it will make a significant difference.

Alliance Data Systems has agreed to work with Toyota on a new line of private-label credit cards and to manage the Japanese automaker's existing co-branded card program.

Visa's ATM biometric trial in South Africa has the potential to spread a security technology that has encountered resistance in other parts of the world, including the U.S.

Royal Bank of Canada's marching ahead on two innovations designed to help it blanket the country's mature point of sale and connected devices.

PeerIQ, which provides data to firms that invest in marketplace loans, has raised $2.5 million in early-stage financing.

Any EMV detractors saying the two-decade-old security against counterfeit cards has long passed its time are likely not aware of what the future has in store for the chip-based technology.

The Federal Reserve has named Todd Aadland—who had been a senior vice president at the Federal Reserve Bank Of Chicago—as its new payments security strategy leader. Aadland will also chair the Secure Payments Task Force.