Analytics

Jumio is launching a mobile version of Netverify, an application that allows businesses to authenticate customers' identities.

Short sales and forgiveness of second liens led relief efforts made by the top five banks as part of the national mortgage settlement, and Californians continue to receive the bulk of the benefits.

The National Bank of Abu Dhabi is providing a customer service and security boost for its 570-unit ATM network throughout the United Arab Emirates.

In 2012, identity fraud incidents increased by more than one million victims. Fraudsters stole more than $21 billion overall—the highest amount in three years, according to Javelin Strategy & Research.

Many merchant payment systems lack the technology needed to safely store card data, resulting in 70% of merchants not meeting data security requirements, a new report says.

The Payment Card Industry Security Standards Council has published its latest data security guidance for merchants accepting payments with smartphones or tablets.

To give banks another way to interact with customers online, Cardlytics' Facebook rewards app takes the same technology it offers through online banking sites and makes it accessible through Facebook.

The anonymous digital currency Bitcoin, which is already accepted on the Wordpress blogging site, has another mainstream partner. Reddit, the social news and entertainment site, now accepts bitcoins as payment for Reddit Gold, a subscription service.

Growth is hard to come by in the credit card business, but major lenders are sticking with a smaller pool of customers with higher credit scores.

As banks struggle to move past passwords, a Silicon Valley startup is taking a stab at a fingerprint and facial recognition standard built with the support of some heavy hitters — PayPal and Lenovo among them.

The PCI Council’s directions for Payment Card Industry Data Security Standards are expanding as mobile commerce grows and when combined with local differences in diverse markets, the new guidance statements can be a compliance challenge for issuers that operate in multiple nations. The use of “compliance-as-a-service,” or CaaS, to provide managed monitoring and compliance updates to keep up with changes is an emerging option for large card issuers.

The balances on outstanding auto loans reached $782 billion, the highest mark since January 2009, according to Equifax's latest National Consumer Credit Trends Report.

An FTC study of the credit reporting industry found that 5% of consumers had errors on one of their three major credit reports that could lead to them paying more for products such as auto loans.

As card fraud progressively moves to e-commerce, more vendors offer merchants the tools to monitor their progress in thwarting cybercrooks — and the information collected in protecting their data also helps merchants promote sales.

TransUnion has revealed a ranking of metropolitan areas with the highest and lowest consumer credit score in the country.

Merchants shouldn't have their heads in the clouds when it comes to data security — especially when they rely on cloud computing to handle payment card data.

This week's big bust of a credit card theft ring emphasizes the difficulty issuers face in locating fraudsters and the limitations of technology that can go only so far in mitigating the threat.

A crime ring based in New Jersey created thousands of fake identities to obtain 25,000 credit cards and steal more than $200 million in one of the largest scams of its type, the Justice Department said.

There were fewer U.S. companies and individuals seeking bankruptcy protection in January compared with a year ago, according to a new report.

A crime ring based in New Jersey created thousands of fake identities to obtain 25,000 credit cards and steal more than $200 million in one of the largest scams of its type, the Justice Department said.