Analytics

MasterCard Worldwide plans to offer a new tool to help merchants mitigate the risk of fraud in online transactions.

Elga Credit Union recalled about 450 Visa cards and discovered thousands of dollars in fraudulent transactions after being notified by the card company they may have been compromised.

An international coalition is attempting to create due-diligence tools, testing and standards that will help firms determine whether cloud providers are addressing common concerns such as accessibility and security adequately.

Tap and pay could just as easily result in tap and steal with contactless cards, a recent investigation in the United Kingdom suggests.

Certain fraudsters that use Zeus-style malware to steal consumers' financial data may be reeling from a recent significant blow.

As new card-fraud controls emerge, even cards used to purchase cocktails aboard airplanes are getting closer scrutiny.

Unobtrusive until now, a set of unrelated security requirements is about to become pretty unpopular, and costly.

The Federal Trade Commission issued a final report setting forth best practices for businesses to protect the privacy of U.S. consumers and give them greater control over the collection and use of their personal data.

A recent acquisition is enabling Trustwave to add malicious-software detection to the data-security scans the company performs to check compliance with Payment Card Industry data security standards.

Iovation Inc. considers protecting online merchants from hackers looking to steal payment card data a top priority, but the security vendor also can boast of some crime-solving skills.

Credit card issuers' account charge-off rates, already exceptionally low, remain on track to hit bottom later this year.

As traditional and emerging payment providers scrap over many aspects of the mobile-payments infrastructure being built in the U.S., an overriding concern for consumers and industry leaders for emerging payments of all types continues to be security.

Organizations are getting better at surviving data breaches, but the risks of experiencing a major incident are as high as ever.

A federal court has rejected civil claims brought by five credit unions and one bank stemming from the massive 2008 data breach at Heartland Payment Systems that exposed millions of cardholders to fraudulent transactions.

Industry debates centering on the eventual U.S. conversion to EMV smart card acceptance at point-of-sale terminals have taken on several layers.

The cost of cleaning up after a data breach is declining, new data suggest.

Incidents of U.S. corporate-payment fraud are declining as more companies shift to using electronic channels from paper, but criminals are getting craftier.

Providing security to block cybercriminals determined to steal payment data represents a complex task involving software applications and connections throughout a network.

Criminal activity that targets mobile banking has not yet reached the levels of online banking, mostly because the volume of mobile banking to this point hasn’t made it as attractive a target.

Delivering the perfect marketing pitch via mobile or Web at the point of sale is one of the primary upselling goals of mobile banking, one which requires sales pitches and marketing campaigns to be delivered faster, and with more user-appropriate content.