Investment

NexID Biometrics, an authentication technology provider in Potsdam, N.Y., has enhanced a fake-finger-detection solution for fingerprint-sensor systems.

Host Card Emulation (HCE) is getting a lot of attention, since it offers virtual payment card issuers the promise of removing dependencies on “secure element issuers” such as mobile network operators (MNOs).

"What you are seeing is a company like Apple, representing 40 percent of operating system penetration, helping introduce [tokenization] for us in a way that consumers will find comfortable and easy to adopt," said Matthew Dill, Visa's senior vice president and head of innovation and strategic partnerships.

The Payment Card Industry Security Standards Council is providing updated guidance for merchants to protect against fraudulent card skimming, which it says costs U.S. businesses and consumers $8 billion a year.

Apple Pay appears to be missing one key thing: A reason to use it. Most other mobile wallets come with a reward program, but Apple currently isn't going that route.

The financial technology company Fiserv has added token-based security from Visa and MasterCard.

Apple is betting that tokenization systems offered by payment processors will provide a security boost to its new Apple Pay system at a time when consumers are wary of Apple's cloud-based services.

Home Depot Inc. confirmed that hackers infiltrated its computer systems at stores in the U.S. and Canada.

It’s unfortunate that some outlets lump all forms of two-factor authentication factor together as if all two-factor form factors were equal.

Gemalto NV is offering a network connection hub to provide banks, equipment manufacturers and mobile wallet providers with secure access to Near Field Communication hardware.