Investment

China UnionPay and Visa signed a memorandum of understanding Thursday to jumpstart collaboration between the two companies.

Community banks can't win on size, but their values give them an upper hand in competing against cookie-cutter megabank branches.

Commercial bank clients are increasingly looking to replace physical corporate cards with virtual ones to streamline bookkeeping and limit risk. The adoption of such solutions is a good sign for mobile payments overall.

The precedent set in the ongoing battle between Apple and the FBI over custom access to a device in question opens up unsettling risks on privacy and security.

The expected 100% growth in card not present (CNP) fraud by 2018 threatens small and medium businesses as well as enterprises, and companies need to shore up their data and customer analytics now to stem the tide.

It would be hard to find two people more qualified to start a security company than Frank Abagnale and Ori Eisen.

Fraud from organized crime and hackers may attract the spotlight from payment companies and security vendors, but issuers and merchants consider friendly fraud the main nemesis.

Security veterans Frank Abagnale and Ori Eisen have teamed up on a heavy-duty authentication service with no pretensions of being easy to use. Their venture, Trusona, just raised $8 million.

Data indicating a sharp rise in e-commerce fraud attacks since the first EMV installations at the point of sale in the U.S. is not yet available, but fraud's shift to the digital landscape and its favorite targets is apparent.

President Obama on Wednesday named Thomas Donilon, the former national security adviser, to chair a special commission to develop a long-term cybersecurity strategy.