Data security

Behavioral biometrics has already stopped several million dollars worth of online banking fraud at National Westminster Bank in London.

The once-booming market for reloadable prepaid cards has seen a slowdown in new-account growth in recent years amid heavier competition and consolidation, causing longtime providers to look for ways to stand out in a crowded field.

As online fraud becomes more pervasive, merchants need to strengthen their defenses against would-be cyber thieves.

Digital payments security provider V-Key will protect the cloud-based payments network of Ant Financial Services Group (Alipay) with its virtual secure element software.

Any company that uses point of sale systems or technology is at risk.

The president-elect's policies on taxes, offshoring, surveillance and other issues will affect bank technology officers and their vendors in a variety of ways. The positives may slightly outweigh the negatives.

To jawbone Mexico into paying for the wall, President-elect Trump has threatened to suspend remittances. Such a move would disrupt one of the busiest corridors of money in the world.

Tesco Bank in Edinburgh, Scotland, has refunded 2.5 million pounds (about $3 million) to 9,000 customers who were affected by a large-scale online banking cybertheft last weekend.

Tesco Bank, based in Edinburgh, Scotland, has refunded 2.5 million pounds (about $3 million) to 9,000 customers who were affected by a large-scale online banking cybertheft last weekend.

Donald Trump’s stunning upset in the presidential race on Tuesday is likely to embolden his followers to push for changes to Internet law that could significantly alter how financial technology is conceived, built and delivered to market.

Consumers may wholeheartedly trust the biometric security built into their smartphones, but banks could be doing more to protect them.

Designed for Japan's automotive industry in the 1990s, QR codes remain a common feature in the latest mobile wallets. They have pros and cons that banks need to carefully consider.

Samsung Electronics has entered a commercial software license and distribution agreement with fingerprint software company Precise Biometrics.

Citibank has launched Touch ID sensor authentication for its iOS mobile banking users in Hong Kong.

Tesco Bank has confirmed that over the weekend, some of its customers' accounts were subject to online criminal activity, in some cases resulting in money being withdrawn fraudulently.

China has green-lit a sweeping and controversial law that may grant Beijing unprecedented access to foreign companies’ technology and hamstring their operations in the world’s second-largest economy.

Tesco Bank has confirmed that over the weekend, some of its customers' accounts were subject to online criminal activity, in some cases resulting in money being withdrawn fraudulently.

Payments technology is showing up in places that were unimaginable just a few years ago. That creates new opportunities for merchants and banks, but also new opportunities for fraudsters.

While some banks allow existing customers to pay by selfie, BBVA is using them to get new customers.

Ransomware attacks are on the rise, as cybethieves find other types of exploits less profitable and bitcoin helps them cover their tracks. Banks must strategize how to avoid becoming victims – or, failing that, mitigate the damage.