The Latest

Fixes and resolutions can take days or even weeks, enhancing vulnerability, according to David Williamson, CEO of EfficientIP.

Underwriters Laboratories is partnering with Google to release a testing tool designed to ensure a merchant can accept Google Pay at the point of sale.

The agency’s rate cap for banks that are less than well capitalized contains several flaws and poses problems for community banks.

While credit cards have been around since the 1950s and debit cards introduced years later, they both have become indispensable to the modern consumer. In fact, in certain retail sectors consumers can only use payment cards or mobile payments to make a purchase.

Atlantic Equities’ John Heagerty cut his recommendation on JPMorgan Chase to neutral, saying the bank now “offers the least upside” to price targets among the major banks.

The online lender will roll out the business early next year with a focus on loans of less than $100,000.

Bank hit, but CEO Jes Staley escapes NYS fine for trying to unmask a whistleblower; Malaysia will pursue criminal complaints against Goldman in other countries.

The move is sure to draw criticism from bankers because it would allow credit unions to compete for backing from private investors.

The information you need to start your day, from PaymentsSource and around the Web. Today: Grocers enhance delivery; Apple Pay faces pushback in Switzerland; Western Union teases crypto support; Coinbase adds crypto-to-crypto conversions.

Fortunately, banks and financial institutions can take action to protect their apps in untrusted, potentially hostile environments, writes Samuel Bakken, senior product marketing manager for OneSpan.