Analytics

Metrobank Card Corp. in the Philippines has signed an agreement to license the latest version of Total System Services' (TSYS) payment processing platform.

In the age of digital commerce, more business are using third parties to manage operations, increasing the risk to any payments data they handle, says the Payment Card Industry Security Standards Council.

Recently we have seen both Argentina and Ukraine fall into two very different types of crises, but the economic results appear to be the same.

Churn is always a threat and declines can happen at any time–not just when customers are up for renewal.

Feedzai is launching new apps to enable the more than 150,000 online retailers using Shopify and Bigcommerce to protect their stores from cyber-criminals with machine-learning fraud detection software.

General Motors' auto-finance arm has received a Department of Justice subpoena related to the underwriting criteria it used on securitized subprime auto loans, the company said Monday.

P.F. Chang's has provided an update on the data breach it disclosed in June, revealing that the incident affected 33 restaurants with a specific timeframe for each location.

Authentify is unveiling an extension to its mobile device-based authentication software.

Even though the adoption of the EMV initiative is voluntary, you don’t want to be the one looking for a chair when the music stops. Missing the October 2015 deadline for implementing Chip and PIN could come with a costly price tag for banks and merchants.

As the payments industry attempts to standardize the process of using a token to replace sensitive data, the end result may still involve several different approaches.

Target Corp., struggling to fix a botched expansion in Canada and undo the lingering damage of a holiday hacker attack, hired former PepsiCo Inc. executive Brian Cornell as chief executive officer.

WEX Inc. is working to finalize several key acquisitions to bring the corporate payments provider into new markets.

The Secure Remote Payment Council wants a more open process in the development of a standard for tokenization, with the goal of ensuring a single token can be handled by multiple parties to improve security.

With the increased proliferation and reliance on public cloud solutions, combined with the recent high-profile data breaches that have occurred in the past few months, cybersecurity should be a top concern for both issuers and retailers who handle sensitive financial data.

The Justice Department's legal case against American Express will not benefit consumers and will weaken competition, said Jeff Campbell, executive vice president and CFO of American Express.

BJ's Wholesale Club is planning to convert its co-branded credit card program to chip-enabled MasterCards.

Diebold is unveiling an anti-skimming card reader designed to prevent criminals from stealing card data from unsuspecting automated teller machine users.

Since the collapse of the subprime mortgage market, lenders have all but stopped offering loans that sound too good to be true. But that's not the case with subprime automobile loans, which lenders continue to market aggressively to consumers with imperfect credit.

First Data is making a push into offline and online gambling payments processing, providing new services that cover a riskier set of transactions than those it already handles for businesses that operate casinos.

If there's one lesson bankers and retailers can take away from the hacking incident at online ticket seller StubHub, it's that they need to educate their customers about the dangers of using the same passwords on multiple sites.