Data security

From the buzz in the technology press over the last two weeks, one might think that end times are nigh in the world of authentication.

Card manufacturer Oberthur Technologies is offering issuers facing a shortage of EMV chip cards an option to receive as many as 25,000 in five days, rather than waiting the standard three to four weeks.

To help people safeguard their card information when they shop online, a handful of fintech startups are developing ways of keeping that information hidden, providing merchants with tokens instead.

To help people keep their card information safe when they shop online, a handful of fintech startups are following Apple Pay's example of keeping that information hidden, providing merchants with tokens instead.

Payment technologies are in an unwelcome spotlight this month, as security researchers expose their weaknesses just as the products are winning a long-desired trust among mainstream consumers.

Dubai-based payment service provider Payfort has formed a partnership with Mastercard to improve fraud-screening and streamline the checkout process for e-commerce and mobile point of sale transactions for hundreds of merchants across the Middle East.

Three quarters of debit cards will have chips by the end of the year, but slow merchant adoption is limiting use, according to Pulse.

The proliferation of smartphones and the onset of mobile payments has brought biometrics to the forefront of security for financial transactions.

The U.S. EMV migration has been rough, but one of the sharpest pain points of all was felt by merchants not yet processing chip cards who were hit by a costly surge in chargebacks.

Once fraud has been detected and a customer’s usual payment mechanism is broken, what happens next to ensure that customer remains happy and loyal?