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Mastercard is introducing Identity Check Mobile, the app that allows customers to verify their identity using a fingerprint scanner or by snapping a selfie, to 12 European markets.

EMV chip cards have delivered on their promise to halt counterfeit fraud at the physical point of sale. But for a technology developed long before the invention of e-commerce, mobile wallets and the word "omnichannel," delivering on its promise still feels like falling short.

Mobile wallets are poised to dramatically change the payments landscape, but what is holding them back from seeing more rapid adoption?

Swift announced Tuesday additional efforts to beef up security on its network, following highly publicized hacks of member banks earlier this year.

Visa Inc. is trying a new gambit offset consumers' irritation with hassles surrounding the messy EMV chip-card migration—it's introducing a winsome young woman to console the masses.

Data breaches aren’t going away. What’s also frustrating for those tasked with protecting data is that poor consumer habits regarding online security aren’t going away, either. Weak passwords shared across all online accounts continue, despite ever-growing threats.

Candi Wolff of Citigroup and Anita Eoloff of Wells Fargo are two of the most powerful banking lobbyists in the nation’s capital, but they don’t think the transformation of their once male-dominated field is done, nor do they think everything about the past should be abandoned.

Yahoo says no bank account or card data has been compromised in its massive data breach. Yet hackers could use their ill-gotten personal information about customers to mess with bank accounts.

Consumers using PayPal to complete an e-commerce transaction on a Lenovo laptop computer will be able to use an embedded fingerprint reader instead of a static password.

Financial services IT teams must think like cybercriminals and develop an offensive approach to security at a time when threats are growing in frequency and sophistication.