Data security

Lawmakers are expected to debate a number of key banking provisions this year, even with the November elections on the horizon.

Relations between banks and providers of personal financial management tools have soured of late amid reports that some banks block PFM sites' access to their customers' information during peak traffic periods. Aggregators say they are working to address banks' concerns, but they also are urging banks to invest in more server capacity to keep pace with customer demand.

Holiday shopping doesn’t stop after December 25. It goes beyond that as many consumers buy goods post-holiday as well, boosting sales even more.

Despite increased investment and development in the consumer payments space around mag stripe, EMV and contactless payments solutions, there is still a huge concern when it comes to data theft.

The holiday shopping season may be over, but that doesn’t mean that consumers will stop using their credit or debit cards in 2016.

If dead men tell no tales, that makes identity theft of deceased account holders all the harder for card issuers to combat, particularly when the perpetrators are bank insiders.

Despite increased investment and development in the consumer payments space around mag stripe, EMV and contactless payments solutions, there is still a huge concern when it comes to data theft.

2015 was the year EMV began taking hold at the point of sale, with effects that rippled through nearly all other payment channels. Here's a look at how the payments industry is adapting to the changes brought on by EMV-chip cards.

So, here we are, living in the “future”…many of us now finally have chip cards; the G20 nations are all in the post “liability-shift” world; we’re all expecting to be living in the new paradigm.

Privacy advocates were appalled by the cybersecurity act Congress passed in the omnibus spending bill, with its abandonment of data-privacy provisions that existed in earlier versions. Now consumer and business-client privacy is at the discretion of the banks and other private companies.

NACHA's adoption of same-day payment, or ACH (Automated Clearing House) payment - allows businesses and customers to benefit from receiving same-day transaction processing, though with security risk.

The U.S. migration to EMV chip cards garnered most of the spotlight in 2015, but the October liability shift was just the start.

The Payment Card Industry Security Standards Council has added two years to its deadline for organizations involved in payment processing to upgrade to a more secure Web protocol.

Small to large retail vendors are constantly aspiring to improve customer experience, resulting in more friendly point of sale (POS) interactions.

Moven will soon prompt its customers for usernames and passwords only for riskier transactions. By removing the login for most functions, the company aims to drive engagement in an app meant to be used on the go.

House Republicans attacked the Consumer Financial Protection Bureau on Wednesday, arguing the agency is not able to safely secure the anonymous bulk data it collects on consumers' financial activities.

Credit risk, interest rate risk and cybersecurity concerns pose growing risks to banks in the first half of 2016, according to a semiannual risk report issued Wednesday by the Office of the Comptroller of the Currency.

Many small banks and credit unions today offer convenient, in-house instant card issuance to their customers to stand out from the pack.

The general public is largely uninformed about what EMV is, why it is coming into the US and the benefits of adopting more secure payment technology.

Visa has begun rolling out the Visa Token Service in the Asia Pacific region, starting with United Overseas Bank in Singapore.