Analytics

Apple Inc. has not joined the Faster IDentity Online Alliance and its quest for more secure online authentication, but the technology giant has played a significant role in helping develop the foundation for new standards.

When even a millennial with a six-figure income and a 750 FICO score can't snag a loan with a decent interest rate, there's something wrong with the system.

Wallaby Financial has hired Scott Grimes to be senior vice president of risk and operations, a new position for Wallaby, which sells mobile and web-based payment marketing.

Like many payments executives, Martin Ferenczi believes the U.S. payments market will not meet the card network-imposed October 2015 target for migration to chip-based EMV technology.

The telco-operated Isis mobile payments initiative plans to rebrand to avoid carrying the same name as a Middle Eastern militant group referred to as "ISIS" by western journalists.

A recent GAO report called for the Consumer Financial Protection Bureau to be involved in interagency discussions about virtual currencies, but others say the bureau's jurisdiction is murky, technology may move too fast for consumer rulemaking and too much regulation too early could kill innovation.

Merchants are wary of the proprietary look and feel of the process by which the card networks and issuers are adopting new security standards.

Yapital, a payment technology company based in Luxembourg, is testing a feature that will allow consumers to authorize payments with their fingerprints. The technology is aimed replacing PINs that consumers use to authorize purchases though the Yapital app.

Tim Hortons and the Canadian Imperial Bank of Commerce have begun offering an interactive credit card that can change its funding source at the push of a button.

Half of all frequent credit card users are unbothered, or feel relieved, when a legitimate transaction is blocked, a new study found. The results show that cardholders are appreciative that banks are becoming more vigilant about fraud.

PayPal has added a new fingerprint identification option to its app for users of Samsung's Galaxy Tab S tablet, furthering PayPal's push to be an early adopter of Samsung technology.

The long-awaited rebound in credit card loans has arrived, fueled by looser credit standards and a larger appetite for debt among U.S. households.

PayPal has at least temporarily shut off two-factor authentication for the PayPal mobile app after a security researcher found a way to bypass that second factor.

It's the mortgage industry equivalent of driving five miles below the speed limit to avoid detection by Smokey's radar.

Hundreds of thousands of people are in Brazil for the World Cup football tournament. While Brazil poses risks for payment crime, there are things payment companies and issuers can do to help their customers mitigate danger, such as communicating preventative measures.

Nearly 20% of consumers worldwide lack confidence that their banks can protect them from payment card fraud, yet nearly half do things that potentially expose them to fraud, new research says.

Online payments and electronic wallet provider Payza has added two features to its eWallet: Credit Card Top Up and Credit Card Withdrawal.

SIMalliance, which has been outspoken against the use of Host Card Emulation to simulate a Near Field Communication-based contactless payment, is now saying HCE technology can lead to more use of the phone's secure element.

Shortly after Apple Inc. announced it would open the iPhone's TouchID fingerprint authentication system to third-party developers, Nok Nok Labs began working to integrate it into a product embraced by the Fast IDentity Alliance.

Inside the Consumer Financial Protection Bureau, Richard Hackett helped lay the groundwork for the highly anticipated upcoming regulations on payday lending. Then in August he left his job at the consumer agency.