Analytics

Mobile commerce and digital payments are producing a staggering amount of information about consumers. Making the best use of this data is a challenge that some companies are trying overcome with technology and analytics.

Instawallet, a Bitcoin wallet service, has "suspended indefinitely" because of fraudulent access, according to a notice on the company’s website today. It is the latest in a series of attacks and glitches to afflict businesses that work with the digital currency.

ReD plans to introduce its fraud prevention services in Latin America and the Caribbean, two growing card payments markets that are undergoing migration to EMV smart cards.

MokiMobility, which offers outsourced tablet management, monitoring and security services, is partnering with iPad point of sale service provider Revel Systems to sell technology that meets new Payment Card Industry data security guidance for mobile transactions.

Bank-issued credit card delinquencies fell to 2.47% in the fourth quarter ended Dec. 31, the lowest mark since 1994, the American Bankers Association reported Tuesday.

Xoom is extending its new Pay Only When Received remittance procedure, or POWR, to Latin America and the Caribbean.

Online merchants reacted to Visa's creation of 3D Secure to protect card-not-present transactions more than a decade ago with a resounding thud. But the software has become a viable option to protect card data online, according to a new report from Aite Group.

American Express and Dwolla suffered website outages, which the companies attributed to distributed denial-of-service (DDOS) attacks. Such attacks are designed to knock out a website by flooding it with more traffic than it is designed to handle.

EBay and its payments subsidiary PayPal are aggressively mining consumers' spending data, which they say is vital as shopping expands across mobile, online and physical shopping channels.

An appeals court in New York overturned a Brooklyn judge's 2011 decision to dismiss a foreclosure and order $15,000 in sanctions against HSBC.

If biometrics is ever going to be a part of how consumers make payments, PayTango Inc. figures the best place to find out is on college campuses.

With an eye toward making sure more small and medium-size merchants are aware of the need to comply with the Payment Card Industry data security standards, Dallas-based acquirer SignaPay will utilize ControlScan services.

An estimated two in three credit union executives view loan growth as the critical business issue facing their industry in 2013, according to a survey from TransUnion.

When remittance company Xoom decided to not withdraw money from its customers' bank accounts until the funds reach the recipient, it was betting the added goodwill from users would outweigh the added risk of fraud.

Apple Inc. beefed up security features for customers buying applications, songs, videos and e- books from the company's digital stores.

The percentage of U.S. households holding some form of debt declined from 74% to 69% between 2000 and 2011, according to new statistics released Thursday by the U.S. Census Bureau.

The major regional debit networks have unanimously chosen Discover's technology for a common code, or application identifier, for routing EMV debit transactions in the U.S. — but the debate isn't over yet.

A decline in initial unemployment claims and a rise in real average hourly earnings offset negative forces, keeping the Deloitte Consumer Spending Index steady in February.

The number of homes repossessed by lenders last month fell 11% from January and 29% from February last year, dropping to the lowest mark since September 2007, reports foreclosure listing firm RealtyTrac Inc.

Genesco's $13 million lawsuit against Visa Inc., filed last week in a Tennessee court, has a similar ring to it as a countersuit Cisero's Ristorante and Nightclub in Park City, Utah filed last year against its acquiring bank and processor.