Analytics

While beneficial for businesses and consumers, Nacha's new rule for same day transactions will require banks and other financial institutions to review thousands of additional transactions per day, leading to a significant increase in costs, not to mention an increased potential for fraud due to volume and rapidness of review.

Biometric authentication is coming to numerous e-commerce merchants who may not realize that it will be a part of their checkout process, depending on the issuers involved.

President Barack Obama has appointed MasterCard CEO Ajay Banga to an administrative commission focusing on Web security.

With fraudsters gearing up to assault mobile wallets, U.S. financial institutions considering a bank-branded mobile wallet would be wise to take note of the lessons learned when Apple Pay made its debut in the fall of 2014.

If the EMV chip-card migration in the U.S. taught the payments industry anything, it's that some players meet compliance deadlines, while others let them slip by.

The U.S. migration to EMV chip technology – intended to reduce card fraud, provide global interoperability, and enable safer payment transactions – may prove to be a valuable move for more than just the payments industry.

The word “tokenization” is being used far too broadly to describe a variety of payment security methods that perform different security functions.

Could blockchain be the backbone of a universal digital identity system?

Time has run out for “knuckle-busters,” the clunky contraptions merchants needed for decades to accept card transactions, but their legacy—the raised characters embossed on payment cards—is proving difficult to stamp out.

Some retailers falsely think that if they are using EMV chip credit cards that they have eliminated any chance of security breaches at the register since the EMV approach is stronger than conventional credit cards.