Analytics

Several issuers use card controls to soothe consumer fears, and Discover is building on this foundation to engage consumers at the network level and encourage more frequent and sophisticated use of mobile devices.

The Payment Card Industry Security Standards Council released its 3.1 update to the industry's data security standards April 15 to address the payment data vulnerabilities of the Secure Sockets Layer encryption protocol.

MasterCard Inc. and Target Corp. are in talks about a settlement in which the retailer would pay banks about $20 million for costs they incurred in its 2013 data breach, a person familiar with the matter said.

While issuers and merchants scramble to issue EMV-chip cards in the U.S., Gemalto is taking a longer view into the cards' environmental impact when they are discarded as part of regular reissuance.

The payment companies that serve micro merchant communities face many inventive fraud schemes, and the fraudsters behind them are getting wiser about how to appear legitimate.

Lyle Beckwith of the National Association of Convenience Stores argues that debit card interchange is unfairly high. But this argument ignores several key points.

Prosper Marketplace, one of the leading U.S. consumer marketplace lenders, announced $165 million in equity funding from large banks and other investors Wednesday.

With only six months to go before the EMV chip-card liability shift takes effect, many U.S. merchants are not yet aware of the EMV migration.

Novantas, a New York-based bank advisory firm, has hired the former head of analytics for Bank of America.

Recent cyber-attacks on the protocol that has long secured Web connections and, more recently, payment applications are pushing the Payment Card Industry Security Standards Council to issue an update with strong implications for e-commerce sellers.

The payments environment is undergoing unprecedented change, yet many banks and payment companies are saddled with aging infrastructure which makes it costly to support new products and features. Additionally, fragmented governance and siloed business units running disparate payments operations can stifle innovation.

FICO and two data partners are testing a credit score based on alternative data that could help banks take smarter risks on borrowers with limited credit histories, but bankers' cost concerns and adherence to traditional methods present big hurdles.

Seeking online merchants that are angry about fraud-related chargeback expense, Kount and Ethoca are partnering to tip off businesses about payment cards that have a track record of suspect transactions.

Mobile commerce is blurring the lines between card-present and card-not-present transactions, possibly even making the distinction—and the difference in pricing—irrelevant.

Event-stream processing software can now do things like predict a customer will leave.

OpenEdge, the integrated payments unit of Global Payments, has reached a partnership to provide its EMV product to Carolina Software.

The prepaid industry is maturing, and leaders are providers that have maintained product flexibility and innovation and married it with the processes, technology, compliance and user experience that is needed in today’s dynamic marketplace.

Chicago-based security vendor Trustwave says 90% of Verifone card readers it tested for the first time still carried the default password. These findings reinforce the perception that many merchants don't follow the basics when it comes to their own security.

When it comes to biometric authentication, Samsung is looking way beyond fingerprints.

Security services firm ControlScan has updated its SiteWatch software to help acquirers and payment facilitators detect e-commerce fraud.