Investment

In the payments industry, the common practice is to equate mobile merchants with micro merchants, and to put them on a back burner for things like EMV upgrades.

Visa will increase how much it reimburses banks to issue new cards compromised by merchants' data breaches, after some banks complained that the card network's payments were too low.

A New York woman convicted of participating in an identity-theft ring was sentenced Thursday to two to six years in state prison. The ring stole more than $850,000 from hundreds of JPMorgan Chase customers.

Despite years of debate, lawmakers are still grappling with key questions over how to set enhanced data security and notification standards to prevent cyber attacks, including whether they should preempt state laws.

A new series of reports from analytics and consulting firm Accenture found that nearly 90% of the 450 financial firms surveyed plan on increasing their spending in risk management related to cybersecurity and fraud detection and prevention.

A group of small banks and credit unions could not persuade a judge to block the settlement Target and MasterCard reached last month that would reimburse banks on the card network $19 million for losses related to the retailer's breach.

A former JPMorgan Chase employee was arrested by the FBI on charges of stealing customer data and trying to sell it to an undercover informant for tens of thousands of dollars.

Bank branches are continuing to lose their luster as consumers rely on online and mobile channels, according to a new report.

As horrifying cyberattack scenarios grow more plausible, an American Bankers Association simulation of a hypothetical breach at a $10 billion-asset bank is designed to guide institutions through a set of crisis response steps.

House lawmakers approved two bills this week to foster greater information sharing between the private sector and government about cyber threats — and all eyes now turn to the Senate to see if legislation can finally be enacted.