Investment

Electronic payments are increasingly becoming part of our everyday lives. For most people, it can be hard to imagine a single day where we do not make a purchase using our payment cards in a physical store, or perform some form of online payment or money transfer.

Building on technology it began developing three years ago, SmartMetric Inc. says it has developed a smaller and faster fingerprint reader that fits inside of a credit card.

An internal review at Goodwill Industries has concluded that hackers accessed customer payments data through a vendor-related weak spot.

Roximity is working to differentiate itself from other beacon manufacturers by increasing the lifespan and security of its devices.

Home Depot is working with banks and law enforcement agencies to investigate a potential theft of its customers' credit and debit card information.

For Apple, the timing couldn't be worse to launch a mobile wallet. Mobile wallets can be a tough sell for many consumers, and brand image is a key element in winning their trust.

Two is better than one, especially when it comes to protecting a consumer's identity.

In much the same manner as banks use red dye packs to explode in stacks of stolen money, payment network providers expect tokenization will sabotage any hacker's attempts at data theft. But will their investment pay off, or will it disappear in a puff of smoke?

EMV is no stranger to the news cycle, with the card network 2015 liability shift approaching for many U.S. businesses.

Card data security has to become a 24-hour priority for businesses, not just when PCI compliance assessors come around for annual checkups, according to the Payment Card Industry Security Standards Council.