Investment

People hold up blockchain as the answer to many security issues, including Swift-related hacks and card-not-present fraud. But distributed ledgers have vulnerabilities, too.

Finding the right mPOS solution can be difficult. Demanding flexibility and device agnostic technology from partners can go a long way toward making a successful decision.

Banks sharing cyberthreat data is not new. But more information-sharing groups are forming, and technology is improving, to advance the effort.

To discourage scalping, the New York Comic Con asked online ticket buyers for personal information up front. The backlash shows the challenges of protecting identity in the digital age — an issue banks and fintech firms are exploring.

The early morning exercisers who stop at Thrive Café in Loves Park, Ill. may be drenched in sweat and dressed in outfits devoid of any pockets, but they can still pay for their post-workout refreshments without a wallet or phone.

In a harsh reminder that hackers have found hotel point-of-sale systems to be a treasure trove, HEI Hotels & Resorts is informing its customers of a potential breach affecting their credit cards.

The federal government recently began to discourage companies from using SMS-based authentication in their two-factor authentication schemes. So do banks need to completely eliminate authentication via text message? Not entirely.

Banks have gotten better at detecting digital banking fraud, but the process of closing and reopening accounts is still a mess — and that is what could send more customers packing.

The Rio Olympics has a lot of fans and athletes on high alert over concerns about contracting the Zika virus or competing in contaminated water, but the risks of financial fraud are another major concern.

Banks have gotten better at detecting digital banking fraud, but the process of closing and reopening accounts is still a mess — and that is what could send more customers packing.