Kate Fitzgerald

British Airways' data security efforts would have never gotten off the ground if they were focused purely on complying with payment industry rules.

Bank of America Corp.'s plans to charge its customers for using debit cards will help boost the bank's credit card business, according to U.S. Sen. Dick Durbin, D-Ill.

Bank risk managers are expecting the worst unless the economy improves.

McDonalds faced a big task a few years ago in upgrading its payment systems and limiting the exposure of customer data. Here's how they did it, bringing systems up to the Payment Card Industry standard at the same time they brought in McCafe.

The vast majority of companies continue to fall short of complying with the Payment Card Industry data security standard during their initial audit, with only 21% getting a passing grade.

Though some have criticized whether the Payment Card Industry data security standard does enough to protect card data, in Europe the standard has become a catalyst for getting companies to take security seriously.

The U.S. average credit card charge-off rate declined in August, resuming the general downward trend of the past two years following a slight uptick in July, according to a new Moody's Investors Service report issued Sept. 23.

New regulations reducing debit card interchange fees are causing some banks to charge customers more for using debit cards, which could drive consumers to increase their use of credit cards, according to the Federal Reserve Bank of Boston.

Search giant now has both major card associations on board with its mobile payment application, as well as First Data and Citi.

Google Inc. may launch its much-hyped Google Wallet as early as this week, according to a number of reports.

As part of its investigation leading to recent card-fraud arrests, the U.S. Secret Service Electronic Crimes Task Force revealed some of the latest tactics being used to snag card data to conduct fraudulent transactions.

A borrower who defaulted on a mortgage during the recession is not necessarily a bad risk for a credit card lender. To properly evaluate risk in the current environment, First Data is adopting a new instant-credit decisioning and underwriting system from Zoot.

Fewer than half of all cardholders have a private-label credit card, but those who do are more likely to carry a balance routinely on various cards than consumers who rely only on general-purpose cards, new data from Auriemma Consulting Group suggests.

Not to be outdone by rivals in a month that has seen several new and retooled credit card rewards program announcements, Bank of America Corp. on Wednesday rolled out upgrades to a couple of its core cash-rewards cards.

A shift toward the use of chip cards is spawning courses in EMV and other new payment technologies.

The average U.S. bankcard charge-off rate dropped sharply in June, registering the second-largest monthly decline since the Bankruptcy Reform Act took effect in 2005, according to the latest data from Fitch Ratings Inc.

Capital One Financial Corp. is the latest bank to roll out yet another rewards card for affluent customers this summer, but its version has some unusual strings attached.

American Express Co. and Mercedes-Benz USA have introduced a cobranded card with rewards tied to the luxury car brand, in the latest credit card industry effort to gain business from upscale consumers.

Visa's attempt to phase out the old, static PIN in favor of dynamic authentication is facing resistance – in particular because many are not convinced that the PIN is past its prime.

The U.S. credit card charge-off rate rose slightly in July, but delinquencies fell to an all-time low as consumers continued to pay their credit card bills on time, Moody's Investors Service said in a report released Aug. 19.