Analytics

Wells Fargo and American Express launched two new credit card products on Tuesday.

EMV-chip cards might take until 2018 to reach full ubiquity, and a lack of education about the technology is hindering adoption, according to a new report from Javelin Strategy & Research.

American Express Co. is ready for its new small business program, OptBlue, to take the spotlight after several months of testing and a soft launch with acquirers.

Target CEO Gregg Steinhafel is stepping down as chairman, president and CEO, effective immediately, Target's board announced May 5.

Fraud schemes are constantly changing, as criminals exploit new channels and methods of perpetrating their crimes. It is the ultimate game of whack-a-mole; stamp it out in one place, and it pops up somewhere else.

While mobile wallet providers try to simplify the payment process by taking physical plastic cards out of the equation, others are looking further into the future to an era where all things are connected.

North American Bancard (NAB) is adding technology from Moki in an attempt to secure and manage its in-store mobile point of sale system.

The U.K.-based high-volume transaction analysis provider Insider Technologies has plans to expand beyond its current customer base in Europe.

Ever since the Target data breach made national headlines late last year, customers at City Bank Texas in Lubbock have been deactivating and reactivating their debit cards with much greater frequency.

Security can be difficult to improve at gas stations because payment hardware is built into the pumps, making it costly and difficult to upgrade. First Data and VeriFone are teaming up to overcome this challenge.

Wells Fargo is expanding its commercial card portfolio to Europe with the launch of a European Commercial Card.

The Target data breach has sparked more awareness of card security issues, but nearly 90% of U.S. consumers responding to a Phoenix Marketing International survey don't know much about the EMV-chip cards Target and others are adopting to deter counterfeiting.

When mainstream banks reacted to Target's holiday-season breach by reissuing cards, their biggest worry was active accounts. But for a prepaid card issuer like Green Dot, the inactive cards on retailers' shelves were also a significant concern.

WEX's conversion of ExxonMobil's Esso European card business is progressing, as the corporate payments company also extended its work with ExxonMobil to include Asia and South Pacific markets.

Spreedly is launching a vaulting service that allows e-commerce merchants to manage payments without using a third-party gateway provider to authorize online transactions or handle related tasks such as data security.

VeriFone Systems and First Data are launching a solution that addresses payment security at gas stations and convenience stores.

Equifax is working with the mobile payments company Zumigo to jointly develop fraud prevention software.

Target Corp.'s choice to work with MasterCard Inc. for chip-and-PIN credit and debit cards next year makes a strong statement about payment security.

Target Corp. took two big steps to put the holiday data-breach nightmare behind it today.

WePay is adding application programming interface (API) capabilities to its risk management product, Veda, in an effort to streamline the way WePay's clients enroll new customers and handle transactions.