Investment

Banks that use biometric technology should remember to take client and employee privacy concerns seriously. After all, banks have a duty to protect personal information and prevent its potential misuse.

EMV will require new payment processes that, while seemingly small to those instituting the change, require a shift in behavior that could feel monumental to consumers.

Sales of cyberinsurance are rising among financial services companies, a sign of the times as data breaches, distributed denial of services and other types of attacks continue. But policies can be misleading, and they definitely are no silver bullet.

WASHINGTON — Sens. Thomas Carper, D-Del., and Sen. Roy Blunt, R-Missouri, introduced a bill this week that would establish national data security and notification standards.

Hackers are attacking companies with multiple motives and multiple attack vectors, the widely read annual security report finds. Phishing remains effective and cyber-threat sharing efforts need to speed up.

While issuers and merchants scramble to issue EMV-chip cards in the U.S., Gemalto is taking a longer view into the cards' environmental impact when they are discarded as part of regular reissuance.

The payment companies that serve micro merchant communities face many inventive fraud schemes, and the fraudsters behind them are getting wiser about how to appear legitimate.

Lyle Beckwith of the National Association of Convenience Stores argues that debit card interchange is unfairly high. But this argument ignores several key points.

Bank regulators plan to release their self-assessment tool later this quarter to gauge institutions' cyber readiness, but many see it as sign of more prescriptive measures down the road.

With only six months to go before the EMV chip-card liability shift takes effect, many U.S. merchants are not yet aware of the EMV migration.