Analytics

Payments companies in the United Kingdom are beating card fraud on some fronts, but those victories could have a hidden cost.

The nation’s three largest issuers may not be giving much slack on credit card lines, but some midsize lenders are.

LifeLock Inc. is betting that its acquisition of ID Analytics Inc., which closed March 14, will help it better market its services to retail banks.

United Kingdom-based payment processor Streamline has added more speed to its service through new gateway software for its customers.

A new product from vendor Norse Corp. hopes to choke off online card fraud before it becomes a transaction–and before competing services from the card networks can kick in.

More consumers are using smartphones to pay bills and conduct other financial transactions, but a good portion worried about security are staying away, suggests a March 14 Federal Reserve Board study of mobile banking and mobile payments.

With an uptick in delinquencies, TransUnion LLC's Credit Risk Index is up 2.3% to 123.36 in the fourth quarter of 2011, the first increase since the fourth quarter of 2009.

Until the mid 1980s, most fraud went undiagnosed or misreported. The debate today seems to be whether the increasing digital landscape ends up increasing or decreasing fraud overall.

An internal review by JPMorgan Chase & Co. identified procedural issues related to collections, but the issuer on March 13 defended the overall integrity of its recordkeeping.

As borrower delinquencies rose, TransUnion LLC's Credit Risk Index increased 2.3%, to 123.36 in last year’s fourth quarter from the previous quarter.

The tide continues to shift in favor of the payments industry in the United Kingdom’s battle against card fraud.

Collection agencies and banks are more often using social media to proactively build their brand images, rather than waiting to react to negative customers comments.

Every data-security and fraud-prevention vendor or payments-industry analyst offers similar advice to banks and merchants about protecting customer card data and personal information.

LAS VEGAS–The mobile marketplace could be breeding more than just interest among shoppers seeking convenience or special deals.

Some eight out of 10 adults in South Korea own at least one credit card, highlighting the saturation in the country’s card market, new survey data suggest.

Consumer confidence grew again in February, fueled by a more optimistic outlook for the economy and personal finances, according to the Discover U.S. Spending Monitor, a daily poll tracking economic sentiment and spending plans of nearly 8,200 consumers throughout the month.

Cloud-based compliance and data-security provider Trustwave soon will add Web security to its portfolio through the acquisition of M86 Security, an Irvine, Calif.-based provider of advanced antimalware technology.

Fidelity National Information Services Inc., which prefers to be known as FIS, has named Greg Schaffer as its new chief information security officer.

When something is amiss at a location relying on tight security, officials often immediately implement a systems “lock down.” Imagine the same scenario on a merchant’s payment system, and one can start to understand how PaySecure software works.

LAS VEGAS–The relatively late timing of the U.S. move to adopt the EMV smart card technology means it could dodge some of the headaches other countries experienced in shifting to EMV.