Data security

Purveyors of certain cloud services, such as cloud-based lending, face continual rejection from bankers worried about security. But some say a data storage specialist could be every bit as secure as a financial institution — if not more so.

A new study says Americans are getting hooked on mobile banking.

Apple Pay's Touch ID is the exception, not the rule. Biometric security typically requires some type of add-on hardware, a model that has struggled to get much adoption over the years.

The Federal Reserve System released a detailed vision Monday for improving the speed of the U.S. payment system.

The next year will be huge for fraud and security in retail. Most concern around risk management for the year ahead is focussed on system security and fraud management, which is crucial to today's transactions.

Many companies are fed up with passwords, but the next step isn't so clear. Biometric authentication is winning favor, but LiveEnsure contends there is a less intrusive way to verify identity.

Data breaches have hit many retailers hard over the past year or so, and Stage Stores is doing everything it can to make sure customer payment data can't be exposed.

The processor Total System Services Inc. has entered into an agreement with terminal maker Ingenico to support a wide range of payment types, including magnetic stripe, EMV, Near Field Communication and Apple Pay.

There are less than 300 days left until the liability shift for US credit and debit card payments occurs, but it appears that consumers and their credit and debit card issuers are not exactly on the same page when it comes to the sense of urgency around making EMV-enabled payment technology a reality.

In a State of the Union address declaring that “the shadow of crisis has passed,” President Obama said he will veto efforts to roll back financial reforms further while he reiterated support for a bill addressing cyber threats.

Two defendants in an alleged identity theft ring that targeted banks in New York City and Westchester County have pleaded guilty.

Even though Apple Pay hasn't yet launched in the U.K., experts in the EMV-compliant nation are eager to bring over Apple's mobile wallet to improve card-not-present security.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

The upcoming Apple Watch, which does not have a built-in fingerprint reader for Touch ID authentication, will use a four-digit passcode to engage Apple Pay for mobile payments.

The ATM is one of the oldest self-service technologies in banking, and mobile is one of the newest. But surprisingly, this odd couple of technologies has a lot of synergy.

Businesses that don't take full advantage of their security software are wasting money and facilitating the hackers seeking access to their payment data.

With the introduction of Apple Pay, mobile wallet payment systems promise to disrupt long stagnant payment card status quo. But will these new services make our data and transactions safer?

Cloud-based payments and financial services provider Bottomline Technologies has acquired Intellinx Ltd., enabling it to offer clients anti-fraud and risk management software.

Organizations may be being misled about their security risk exposure, and are in serious danger of becoming victims of a security breach, which has become a major problem for merchants and payment companies.

EMV cards are moving payments security in the right direction. But if hackers tamper with the hardware or associated software on merchants' EMV-enabled equipment, they can silently spirit off customer data.