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Merchants that postponed their EMV migration are feeling the sting of losses connected to the EMV liability shift. They are now shoring up their fraud defenses andin some casesspeeding up their EMV-migration plans.
March 16 -
Biometric authentication has been "replacing" passwords for a long time, but for the most part accounts still rely more on remembered credentials than physical identifiers.
March 15 -
Data security vendor and researcher Trustwave has appointed company veteran Michael Petitti as senior vice president of global alliances.
March 14 -
The confusion over how banks categorize chargebacks has become the latest minefield in the transition to EMV chip cards in the U.S. And the sheer volume of chargebacks has forced some merchants to turn to legal action, questioning the entire migration process.
March 14 -
Berkshire Hills Bancorp in Massachusetts invested in technology to beef up its small-business lending, an area ripe for the picking by alternative lenders.
March 11 -
Among the swirl of startups chasing opportunity in the global remittance market, Amsterdam-based Terra sees a way to cut costs by launching a lightweight, mobile-centric app that uses heavy data to offset financial crime risks.
March 11 -
The Central Bank of Bangladesh is threatening to sue the New York Fed over money wired out of its account. The Fed says it did nothing wrong, the transfer was authenticated and executed by Swift.
March 10 -
American Express Co. will increase lending to U.S. customers as competitors offer to lower their acceptance costs to win credit-card partnerships with big merchants, Chief Executive Officer Ken Chenault said.
March 10 -
Car loans in the U.S. are soaring, but don't expect a crash any time soon.
March 10 -
Prosper Marketplace is rebranding a personal-finance app that it acquired last year, a key part of the firms efforts to engage more frequently with its borrowers.
March 10