Analytics

Before superstorm Sandy left many without access to physical branches and ATMs, a bombardment of cyberattacks left many without virtual access — and unlike the storm, these cyberattacks are not going away.

Lemon is working with BillGuard, which provides a transaction monitoring service, to boost its mobile wallet's security and perhaps also boost the wallet's appeal among consumers.

Mobile commerce could move onto a fast, or at least faster, track if Inside Secure has solved the problem of limited access to the secure element in a mobile phone handset.

Issuers and merchants have heard the card brands’ pitch that without EMV smart card adoption in the U.S., fraudsters will flock to this country because it will become a weak link in the data security chain.

NXP Semiconductors has developed a touch sensor that could combat thieves using a mobile scanner to attempt to steal account details from contactless payment cards.

EMC has agreed to buy Silver Tail Systems, a privately held company that helps clients fend off fraudsters and Web-based attackers.

Consumer spending climbed ahead of forecasts in September, which may help the U.S. overcome a stall in business investment and exports as global growth eases and concerns mount about the so-called fiscal cliff.

Barnes & Noble was sued by a Chicago-area consumer over the possible illicit capture of her debit card PIN and those of other customers in Illinois and eight other U.S. states.

Security services firm ControlScan has partnered with payment processor Allifide Merchant Group to provide small and medium-sized businesses compliance services for Payment Card Industry security standards.

Banks in the path of Hurricane Sandy braced Sunday for the storm's arrival, while making plans to help their operations weather it without interruption.

Banks looking to reinforce their defenses against data theft may want to start with their automated teller machines.

A California man who worked with bogus collectors in India agreed to settle FTC charges that he and his companies deceived and threatened consumers.

Barnes & Noble has informed federal law enforcement authorities that "a sophisticated criminal effort" has potentially exposed customers' credit and debit card information to hackers who tampered with PIN pad devices at 63 of its stores.

The National Credit Union Administration examines recent economic developments and covers possible risks - including the potential effect of the "fiscal cliff" - as part of an ongoing video series.

A group of bankruptcy attorneys is warning cash-strapped borrowers against the hazards of working with companies that promise to reduce debt in exchange for a fee.

U.S. Bancorp's payments unit Elavon has signed an agreement with 41st Parameter to provide the anti-fraud company's technology to Elavon's clients.

Access to a cloud-based security system that banks can use to protect Automated Clearing House transactions and online banking has moved to mobile devices.

Internet connectivity has become an imperative for U.S. small businesses, yet most companies lack formal policies for Internet security and even fewer have contingency plans in the event of a security breach that could expose payment-card and other data.

The type of complaints shows that student loans have some of the same problems that have plagued the mortgage industry.

The Pennsylvania Higher Education Assistance Agency, created to extend loans for education, is going after millions of dollars from delinquent student borrowers.