Analytics

Consumer loan delinquencies fell across the board in the fourth quarter ended Dec. 31 as borrowers were helped by improving job and housing markets, the American Bankers Association said.

Global Payments Inc.’s massive data breach underscores the need for the U.S. to embrace the EMV standard without delay, at least one chip card proponent contends.

By acquiring two payment-security technology companies the past few months, Underwriters Laboratories Inc. contends it is in a position to provide its clients with conformance evaluation and security advice on virtually all aspects of payments.

A European Credit Risk Survey conducted by FICO and Efma shows that a "credit gap" looms for small businesses in 2012.

With e-commerce fraud showing no signs of slowing and a strong possibility of increasing, acquirers and their merchants could use all the detection help they can get.

A division of Jack Henry & Associates is partnering with ACH Alert to offer new products to mitigate losses from automated clearinghouse and wire fraud.

Many Internet users in South Korea haven’t increased the protection of their private information even though many have borne the brunt of hacking and voice-phishing scams over the past few years, a new report suggests.

Consumers still have faith in payment cards, but Global Payments Inc.'s massive data breach will make life tougher for issuers trying to reassure audiences that all is well.

Nongovernment holders of delinquent mortgages are offering more payment plans with debt forgiveness as Fannie Mae and Freddie Mac resist, according to the U.S. Office of the Comptroller of the Currency.

The Global Payments Inc. breach and others like it suggest banks should rethink how they protect card data.

A chip-and-signature route to U.S. EMV adoption certainly would be less painful for banks and merchants than would the chip-and-PIN approach used most everywhere else, but taking the easy way out carries risk.

Global Payments' response to the data breach disclosed last week, as well as the card networks' response, followed a familiar script.

WASHINGTON – Lawmakers are calling for immediate action to pass long-stalled data-security legislation in the face of last week’s news of a massive data breach at cards processor Global Payments Inc. (see story).

Global Payments Inc. now confirms it is the source of the huge breach affecting cards carrying the major network brands (see story).

This is an updated version of an article posted earlier on March 30.

Yespay International Ltd. has added advanced encryption to its global card-payment service, the London-based company announced this week.

Forced to choose between making a payment on their credit card, car or mortgage, more cash-strapped consumers are opting to keep their wheels and let the plastic slide.

Consumers in 2011 were more likely to pay their auto loans before their credit cards and mortgages, according to a TransUnion study.

Led by new investor August Capital, ThreatMetrix Inc. has received $18 million in capital from it financing partners, the cybercrime prevention vendor announced March 27.

Financial institutions in the Shazam electronic funds transfer network now may help their members with identity-theft recovery, a process that can be costly in both dollars and time.