Analytics

U.S. consumer spending growth slowed in March after a strong February, even as personal income growth picked up pace, government data showed Monday.

Institutions in American Banker's compensation report paid their CEOs a total of $500 million in 2011. This interactive table shows pay and performance data for each company.

Brisk growth in executive pay meant that total CEO compensation measured 2.1% of total employee compensation at banking companies with less than $20 billion of assets in American Banker's pay survey. That is a far higher level than at larger competitors, and another burden for community banks struggling with the costs of new regulations. This interactive table compares pay for bosses with pay for the rank and file.

Vendors providing merchants and processors with advanced encryption for card-data security now have a better idea of what standards the payments industry expects those systems to meet.

Guardian Analytics has rolled out fraud-detection software for mobile-banking services called FraudMAP Mobile.

The way Norse Corp. CEO Sam Glines sees it, his card data security-software company has connected a major dot in offering a full payment-gateway service.

Rising provisions for loan losses normally are a cause for concern, but KeyCorp (KEY) Chief Executive Beth Mooney says she is not sweating it.

Most loan types through March saw decreases in default rates for the third consecutive month, according to S&P/Experian Consumer Credit Default Indices released Thursday. The bank card category was a notable exception to the drops.

As a collaborative standards-setting body, the Payment Card Industry Security Standards Council isn’t the sort of entity that generally attracts sharp dramatic criticism, particularly when it is over a rule that’s more than two years old.

SignatureLink has entered a deal with Magento to allow its antifraud technology to work with Magento's e-commerce system, SignatureLink announced April 17.

The Deloitte Consumer Spending Index climbed higher in March, marking only the third monthly increase in the past 12 months.

41st Parameter has raised $13 million in fresh capital to fuel research, development and further expansion.

Visa Inc. has rolled out another point-of-sale fraud-fighting tool for payment card issuers already facing costly changes to block fraud at the checkout level with EMV technology.

Countries all over the world are tightening money-laundering rules, particularly as payments become more digital and sophisticated.

Visa Inc. has launched a new tool to help issuers spot fraud, the card brand announced April 11.

Security experts are seeing an increase lately in advanced persistent threats, malicious software that has no known signature or known pattern of behavior.

Philippines financial authorities are discussing the possibility of establishing a debt-restructuring mechanism to address rising loan defaults among the country’s credit cardholders, many of whom may be defaulting nondeliberately.

If fraudsters encounter strong data security when hunting the big game of corporate bank accounts or payment-processor databases, they may shift their attacks to mobile commerce.

Global Payments Inc.'s recent data breach is causing many payments-industry participants, including hundreds of small U.S. processors, to recheck their security, one security expert contends.

Consumer confidence rose again in March, led by healthy attitudes toward the economy and personal finances, according to the Discover U.S. Spending Monitor, a daily poll tracking economic confidence and spending intentions of nearly 8,200 consumers.