Data security

MeaWallet is prepping to launch in a number of countries, and it is starting in Sweden through the use of a nationalized authentication standard.

MasterCard Inc. plans to help its cardholders address issues that arise from identity theft, while also extending its zero liability policy to include PIN-based and ATM transactions.

Authentify Inc. says its new mobile authentication platform will work with the Samsung Galaxy S5's built-in fingerprint reader.

Jumio Inc. has formed the Bitcoin Identity Security Open Network (Bison) to enable its clients to share fraud trend data.

LifeLock Inc. left many of its customers "extremely frustrated" when it pulled its mobile wallet app off the market last week because of potential security gaps, but those customers understand it was the right thing for the company to do, CEO Todd Davis says.

About a half year after Target suffered a massive data breach, the retailer is still anticipating further financial hits.

eBay is asking all users to change their passwords following an attack on a database that contained encrypted passwords and other user data.

Data thieves are generating various revenue streams based on the type of consumer credentials they can compromise, a new security study says.

Visa Inc. has joined the FIDO (Fast Identity Online) Alliance's board of directors to help develop and deploy stronger online authentication standards.

Jumio is working with the European Bitcoin exchange Safello to provide faster verification of customers.

As consumers get more comfortable with biometrics, the technology could have more uses for payments and other financial transactions.

LifeLock Inc. has temporarily pulled its LifeLock Wallet app off the market to address security issues.

Users of new technology often invite derision—Google Glass wearers are "Glassholes," iPhone devotees are "iSheep"—and mobile wallet users may soon be the next target of such ridicule.

Old-school payments networks are looking for ways to speed their pathways. Tech companies are looking to blaze new trails. In the end, however, all roads lead back to one issue — security.

Italian payments technology company TAS Group is approaching U.S. issuers with a product called e-Mission that takes aim at two growing payment trends in the country: EMV-chip cards and instant issuance.

Many card issuers think they only have two options when it comes to EMV—keep all issuance in house or outsource.

When Ben Milne was running a manufacturing company in Iowa, "you could not get around credit card fees," he recalls.

The U.S. EMV migration is high stakes, complicated and probably won't get done on time to meet the deadlines set by the card networks, according to Vantiv's Patty Walters.

FIS has launched a cloud-based, instant issuance system for EMV-chip cards.

Contactless payment cards may never have had strong footing in the U.S. to begin with, but perhaps the biggest sign of the technology's downfall is JPMorgan Chase's admission that its Blink cards never quite caught on.