Data security

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

Smaller banks need to develop detailed marketing plans to reach out to cardholders, while also working with their processors to prepare for the transition to EMV cards.

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.

Apple Pay and cryptocurrencies such as Bitcoin have a lot of appeal for banks looking to stay at the cutting edge of digital payments. But security and compliance risks are part and parcel of these innovations.

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.

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.

A stolen company laptop has left customers of Pioneer Savings Bank vulnerable, according to a consumer alert from the New York State Department of Financial Services.

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.

MasterCard and Visa are using Samsung's mobile wallet to further the adoption of tokenization and other security methods at the point of sale, but safety concerns still cast a shadow on mobile payments and commerce.

Uber Technologies, which operates a cab service and often partners with mobile payment providers to execute transactions, said an unauthorized third party accessed the company’s database last year and may have taken data on about 50,000 drivers.

Uber Technologies Inc. said an unauthorized third party accessed the company's database last year and may have taken data on about 50,000 drivers.

Jack Hartings is a vocal proponent of reduced regulation for small banks. But the CEO of Peoples Bank in Ohio wants Washington to force other industries to share the burden of improving cybersecurity and cleaning up after breaches.

WASHINGTON — President Obama on Wednesday formally signed off on the creation of a national intelligence center to share information about cyber threats.

Merchants opposed to the U.S. migration to EMV-chip cards have long questioned whether the security benefit is worth the expense of putting in new payment terminals. American Express is taking some of the cost out of the equation, but even this move might not be enough to bring most merchants on board.

Gemalto reassured investors this morning that the alleged attacks by U.S. and U.K. government agents only breached the company's office network and could not have led to theft of encryption keys, which are considered an important part of digital payments security.