Investment

Mastercard has joined PayPal, Square, Stripe and a handful of banks offering “bug bounties” to volunteers willing to comb some of its websites in search of glitches.

For many restaurants that originally put EMV on the back burner because of technical complexities and a lower general risk of counterfeit card fraud, waiting to support chip cards has proven to be the right decision.

Technology Crossover Ventures sees a mashup of several hot financial technology trends in international payments gateway Payoneer, sparking its participation in a new $180 million round of capital.

3D Secure — commonly implemented as a prompt for an extra password during an e-commerce checkout — was too clunky to appeal to consumers in its original form. But a nearing upgrade could turn 3D secure into a staple of e-commerce by tying it into mobile wallets.

Preventing fraud across multiple purchasing channels is the next major paradigm shift for bank card issuers and merchants.

Bankers already scrambling to comply with a number of different federal cybersecurity standards are raising concerns about a proposal from New York to layer on some additional state rules.

It's time not only to hold banks accountable for their security, but also to provide meaningful regulatory guidance on how to achieve security.

Banks are expected to spend more on technology in the coming year, with the cash earmarked for things like upgrading mobile apps and adding self-service tech in branches.

Online fraud is on the increase, but the good news is emerging technology can protect digital identities.

The Federal Reserve said Tuesday that 19 private-sector proposals are now under review by nearly 500 members of two separate task forces, one of which was established to chart a path toward a faster payment system, and the other focused on payment system security.