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Private label and co-brand card provider Alliance Data Systems Corp. has released an EMV co-brand card that features tap-and-pay functionality.

Concerned about security, the Australian Parliament is recommending that all contactless transactions, which it defines as including Near Field Communication (NFC), default to opt out, meaning shoppers would have to proactively opt-in to use the technology.

Visual hacking has emerged as a dangerously straightforward way to pierce banks' complex security systems. Here's how banks can ward off malevolent shoulder-surfers.

Securing transactions by matching a user to his or her mobile device has existed for some time, but two major trends connected to payments will likely bring that technology to the forefront, according to InAuth CEO Lisa Stanton.

First Internet Bank is pioneering eye-vein recognition to let customers log in to its mobile app, hoping consumers' distinct concerns about this form of biometric authentication fade away.

ShopKeep and MasterCard have entered a marketing partnership that includes pushing merchants to adopt the EMV standards.

Software problems have recently plagued Bank of New York Mellon, HSBC and the New York Stock Exchange. Thorough testing and new quality standards can help financial institutions weed out weaknesses in their code that could (literally) break the bank.

The smartphone can add significant security to payments, but it is also a tool that fraudsters can exploit. Researchers and scammers have already found several unique attacks that rely on mobile devices.

Symphony, the instant messaging service supported by fifteen large banks, says it will be ready to roll on Sept. 15 despite the objections of Sen. Elizabeth Warren and regulators who fear its encryption technology will impede supervision.

Hoteliers, U.S. military brass and bankers are in very different lines of work, but they share at least one common concern—cybersecurity.