Analytics

The Consumer Financial Protection Bureau announced Tuesday that it's seeking public comment ahead of a second study on the credit card market that could pave the way for new regulations or enforcement actions.

It's become apparent that more organizations are attaining PCI compliance, but far fewer can stay in compliance for a reasonable period of time.

One of the longest discussions regarding the U.S. EMV migration is the choice of chip and PIN or chip and signature as the card verification method (CVM).

Israeli payments technology provider Zooz has recently moved into the financial capitals of the world, opening offices in both New York City and London.

Visa Inc.'s CyberSource has joined the Anti-Information Fraud Society in China, which was established to create a safer online payment market.

Innovation must be tamed. Let it run wild and risk serious economic consequences, not to mention hefty fines.

It's not always fun to be the butt of a joke, but in the financial services industry, it's often unavoidable. Some companies are embracing this role to turn the mockery into marketing.

When it comes to protecting sensitive payment data, call centers are often the forgotten operation, and card data leaks out unintentionally. Protected data spoken in one cubicle can be overheard by 20 nearby reps, along with any customers on the phone with those reps.

Community banking groups have recently struck referral deals with marketplace lenders that could add revenue in the short run, but they might be giving away potentially valuable data and customers in the process.

A false sense of security still emanates from 70% of information technology teams that feel they are safe from cyberattacks, despite evidence that data breaches are a growing and ongoing threat.

For the past two years, acquirers and processors have taken aim at the lengthy EMV chip-card certification process as a major stumbling block for U.S. merchants preparing to upgrade from magnetic stripe technology in time to avoid a shift in fraud liability.

PayPal is creating a new cyber-security center in Tel Aviv as part of its acquisition of Israeli security vendor CyActive.

It's safe to the EMV adoption will be successful, but it is still going to take some time – and might never achieve 100% ubiquity in the U.S.

Merchants are far from helpless bystanders as Apple and banks sort out who is responsible for stopping fraudulent cards from being enrolled in the Apple Pay mobile wallet.

Apple Pay, which pre-rollout was praised for its security features, was in the center of a storm this week when some called the security of Apple's mobile wallet into question, claiming that 6% of transactions are fraudulent.

Mobile malware has become easier for criminals to deploy, circumventing all antivirus and firewall solutions, as these viruses are delivered in the form of trusted applications we all install and can lead to m-commerce vulnerabilities.

The age of the interactive card may have finally arrived, ushered in by the U.S. shift to the EMV standard.

Despite a series of large-scale data breaches over the past two years, identity theft fell for the second consecutive year in a row in the U.S., according to a new study released this week.

Fiserv has launched four new products to combat financial crimes relating to payment transactions, checks, customer fraud, and money laundering.

Citigroup Inc. reached a deal to issue most of its global consumer credit and debit cards on MasterCard Inc.'s network.