Analytics

Using methods akin to fighting external hacking can also address risks of employees committing legal or ethical lapses.

U.S. Bancorp in Minneapolis reported higher quarterly profit boosted by increased fee revenue from credit and debit cards.

Wells Fargo & Co., the world's most valuable bank, posted second-quarter profit that matched analysts' estimates as the firm increased loans and collected more fees from credit cards.

Companies have struggled for years to find a simple way to get consumers to set up a payment account without derailing the checkout process. One company is taking a step back and asking: Why delay a sale by demanding money?

Cyber risk analytics provider Bay Dynamics has completed a $23 million Series B financing round through Carrick Capital Partners.

As financial institutions dive into the newest channels to reach consumers and accept payments in every moment of their lives, they enter riskier scenarios that create a greater need for multi-factor authentication.

For three years, the Fast Identity Online Alliance has focused on replacing static passwords through stronger device authentication technology, with a long-term goal of translating those advancements into payment security as well.

Nearly half of U.S. consumers say they have been hit by credit card fraud within the last five years, and those breaches are becoming more commonplace, according to a survey released Tuesday.

Swift has tapped British defense contractor BAE Systems and Dutch security firm Fox-IT to support an information sharing and threat intelligence program for member banks.

Small banks are trying to figure out how to provide the digital services today's customers want while still retaining the human touch that distinguishes them from larger rivals. A small bank in Cincinnati says it has hit on the right formula.

Wendy’s Co., which reported a payment-card hack earlier this year, said that the breach affected about 18 percent of its U.S. locations.

Barely 24 hours into his new role as CEO at RushCard, Ron Hynes has found the silver lining to the company's 2015 technical glitch that led the company to pay a $20.5 million settlement.

It seems we cannot go a week without news of a malware attack of some kind, be it ransomware, stolen credit card information or other security breaches. The increasing trend is that not only are organizations and enterprises affected, but also regular consumers.

The feature allows users to request cryptographic signatures by more than one user – a device or institution – to validate a transaction. The idea is that bad or malicious actors would have to breach multiple machines to transact on one user's behalf, Ripple said in a blog post.

While often looked upon by preceding generations as commitment-phobic and "irresponsible job hoppers" laden with severe debt, millennials who receive fair wages tend to be loyal to their employers and committed to building savings and credit, according to the latest Credit Karma Millennial Report.

When surveyed, consumers will say security is far more important than convenience when making a payment — until they reach the checkout. Then convenience feels pretty good.

PayPal, Western Union and others who have paid hackers to scrutinize their applications say bug bounty programs are an effective way of making apps more secure.

American Express Co. plans to debut an online loan platform for small-business clients this year, targeting territory occupied by startups like Square Inc. and On Deck Capital Inc.

As we approach the midpoint of 2016, two of the most pressing matters in the payments industry have become more acute—the push for greater transparency and accountability in merchant acquiring and processing.

Fannie and Freddie regulator's first report on NPL sales shows more borrowers avoid foreclosures when their loans are sold to investors.