Analytics

The exchange rate of Bitcoin briefly pushed past $1,000 as more people took interest in the digital currency, but many mainstream consumers remain concerned about the persistent security issues surrounding Bitcoin companies.

The Consumer Financial Protection Bureau finalized a rule Tuesday that allows it to supervise the largest nonbank student loan servicers in the country.

BtcQuick, a Bitcoin exchange, has deployed miiCard's identity verification service to comply with Know Your Customer and Anti-Money Laundering requirements and help deter fraud risk.

Adyen has developed encryption software that protects payment data for consumers shopping online through desktop or mobile devices.

JPMorgan Chase is warning 465,000 holders of prepaid cash cards that their personal information may have been accessed by hackers who attacked the bank's network earlier this year.

The Office of the Comptroller of the Currency hasn't moved as quickly as it could to address risks posed by large national banks, according to an external review released Thursday.

The unemployment rate fell to 7.0% in November - the lowest mark since November 2008, as more people said they got jobs and joined the labor force. The U.S. economy added a total of 203,000 jobs in the month.

The Federal Reserve Board says it followed a proper system for establishing debit interchange caps and fully abided by the Durbin Amendment's requirement for merchants to have two unaffiliated networks to choose from for routing debit transactions.

American Airlines and US Airways have argued that the combined airline will be good for "competition, consumers and choice." But just days before the merger's closing, changes that the airlines have made to a popular credit card reward may end up having the opposite effect.

The Fed's vision of a vastly improved payments system within 10 years is getting a chilly reception from a group representing the nation's largest banks.

Several Canadian banks have taken on the challenge of managing and protecting their customers' usernames and passwords across banking and government sites. U.S. banks are invited to join a similar pilot starting in the U.S.

Fraud prevention provider ValidSoft has joined the Fast Identity Online Alliance to help create standards for online authentication, the company announced Dec. 3.

Royal Bank of Scotland Group Plc, Britain's biggest taxpayer-owned lender, apologized for a technical fault that left customers unable to access accounts and offered to compensate those who have lost money.

Alibaba Group Holding Ltd. started offering a cloud computing service known as Ju Baopen for banks and securities firms, as China's largest e-commerce company ventures into financial-related services.

The Consumer Financial Protection Bureau reported 1,186 complaints against debt collectors in October, according to an analysis of newly published data.

An estimate by Standard & Poor's rating agency puts the additional expected costs for major U.S. banks to settle mortgage-related issues at between $55 billion and $105 billion.

SmartMetric Inc. says it is in the “advanced development” stages of a plastic payment card that will unlock through a fingerprint scan and operate as a digital wallet.

Fraud schemes that rely on social engineering and other attacks to steal sensitive information are especially dangerous this time of year, when the hustle and bustle of the holiday season may lead consumers to let their guard down and skimp on security.

Fraud technology startup BillGuard is adding analytics and savings add-ons to its iPhone app.

MasterCard Inc. and PayPal have positioned themselves as companies with “the best current opportunities in the payment space,” according to Morningstar Financial Services.