Analytics

Even though the U.S. has suffered a flood of retail data breaches, the payments industry has to take a global view of any security measures it adopts.

More than half of the value of B2B receivables 90 days or more overdue were written off as uncollectable by businesses in the U.S., Canada, Mexico and Brazil, according to the latest Atradius survey of B2B suppliers in those countries.

Are you in the cloud, or are you just making use of cloud technology?

The payments industry has turned its attention inward, focusing on securing its own technology from fraudsters without driving off their customers.

WASHINGTON — Congress should revisit the $50 billion-asset test used to subject larger banks to enhanced regulations and allow supervisors to look beyond an institution's size to assess its riskiness, Comptroller of the Currency Thomas Curry said Monday.

Apple, Samsung, PayPal, Square, Google Wallet among others along with countless financial institutions and retailers are fiercely marketing their applications to enable mobile payments.

Jimmy John's, a sandwich-shop chain based in Champaign, Illinois, said a hacker infiltrated payment systems at about 216 of its locations and stole credit- and debit-card information.

Fifty-two percent of millennial respondents in a Zogby Analytics survey sponsored by Mitek Systems, a mobile imaging tech provider, perceive native apps as a safer solution than mobile websites for purchasing and banking.

News of a data breach at Home Depot stores throughout the U.S. and Canada is compounding fears on the part of card holders that “big box” and other retailers can do little to protect them from credit and debit card fraud.

Klarna will target a range of merchants in the U.S., but will focus on e-commerce merchants that ship tangible goods. Its buy-now-pay-later model would, in most cases, result in the consumer paying for the item after receiving it in the mail.

PayItSimple, a credit card installment provider based in Herzliya, Israel, has announced its launch in the United States.

The payments industry has changed dramatically over the past year, and so has the mindset of those in the industry. The focus is shifting from mobile payments and Bitcoin to fraud mitigation and security.

Just a few days after debuting on Wall Street with one of the biggest initial public offerings to hit the U.S. market, Chinese e-commerce giant Alibaba Group Holdings has joined the Fast IDentity Online board.

In theory, lenders are generally receptive to regulators' calls for broader consumer access to credit, but they're also concerned about the increased risk it might entail.

The government-sponsored mortgage giants, facing pressure to end their reliance on old credit-scoring models from Fair Isaac Corp., are working with their regulator to study newer alternatives.

Banks must take the time to educate mid-size business clients about how to defend themselves against hackers, Javelin Strategy & Research says.

Were the Home Depot and Target breaches the work of the same attackers? Only a few people seem to be in a position to know, and so far, they aren’t telling. However, we can still learn a lot from the similarity of the incidents.

Capital One Financial Corp. and MasterCard Inc. struck a deal with Costco Wholesale Corp. in Canada to issue a co-branded credit card when the retailer's contract with American Express Co. ends this year.

Though Home Depot's recent data breach compromised 56 million payment cards — more than the 40 million in Target's incident — the company isn't predicting a hit to revenue and investors have been unfazed by the attack.

Device manufacturers and banks come to Trustwave for a glimpse at how criminals would exploit the technology they use.