Analytics

Is the competitive pressure from alternative payment rivals getting to Visa Inc. execs?

Independent sales organizations now may offer merchants a security package that combines breach protection, consulting services and software that scans computers for unprotected card data.

As Google Inc. learned in the past week, the security problems with mobile wallets are thorny and complex.

Bill Bartmann's sweeping national campaign to clean up the collection industry, a push many in the business consider highly ironic, has gone to new heights with the introduction Tuesday of the Bartmann Ethical Debt Collection Pratices Act (SB1430) in the Oklahoma State Senate.

Small banks already face a mobile-banking adoption deficit to their larger competitors, but some community institutions are still questioning the channel's safety, weighing emerging security threats against consumer expectations of new mobile banking services.

Google Inc.'s mobile wallet is getting a lot of attention, but from the wrong crowd –security experts.

Belgian national mail operator bpost has implemented Fiserv Inc.'s AML Manager for its domestic and international funds transfers.

As of Feb. 8, customers in China no longer may top up their Alipay accounts using credit cards, according to a notice Alipay distributed to its customers.

Holding up his Apple Inc. iPhone, Bob Russo, general manager of the Payment Card Industry Security Standards Council, declares, "This is the most insecure device in the world, and my life is on it."

Bank of America customers in upstate New York were issued new debit and credit cards after a third-party breach possibly compromised their information.

Bankcard charge-offs rates are still riding near their lowest levels ever, but the wind is shifting slightly for private-label retail credit cards.

To improve merchant and consumer comfort with online spending, MasterCard Worldwide has formed a partnership with Silver Tail Systems Inc. to distribute Silver Tail's fraud-fighting analytics to merchants.

Consumer revolving debt is on the rise again, but it is still too early for lenders that earn profits on outstanding debt to exhale.

Because 2012 represents a “feedback year” in the Payment Card Industry Security Standards Council’s three-year cycle for establishing data-security standards, new council Chairman Mike Mitchell figures to absorb plenty of viewpoints about issues facing the industry along with the traditional complaints about compliance testing and costs.

Nearly 30% of consumers say they believe the economy and their personal finances are getting better, a jump of more than 6 percentage points from December and the highest figure in the last year, according to the Discover U.S. Spending Monitor.

Being late on paying one’s mobile-phone bill could affect a consumer’s chances of being approved for a credit card under a new initiative by Credit Information Bureau of India Ltd., India’s first and largest consumer credit bureau.

Coordinated cyberattacks against financial institutions are not likely to disappear anytime soon, but a recent surge unfolding in Brazil should heighten payments industry security awareness in light of the country’s growing electronic-payments market.

A settlement between NCO Financial Systems and 19 states will result in the company paying up to $1.5 million in restitution to the various state's AG offices and consumers.

For a product claiming to protect consumers from unforeseen misfortunes, banks' credit card payment-protection plans have made plenty of enemies. A federal probe could give those opponents the upper hand for the first time.

A new service from Visa Inc. will help issuing banks get a security boost from chip cards without the costly and time-consuming technology investments that normally would be required.