Investment

Square is the latest technology company to launch a "bug bounty" program, which rewards volunteer hackers for finding security flaws and bringing them to Square's attention.

Gemalto NV, a developer of software and chips that make transactions more secure, agreed to buy data-protection company SafeNet Inc. for $890 million in cash to bolster its offerings against threats such as hacking.

NXT-ID is working with Joey Fatone, former member of the boy band N*Sync, to kick off a series of celebrity endorsements for its biometric Wocket wallet.

In the age of digital commerce, more business are using third parties to manage operations, increasing the risk to any payments data they handle, says the Payment Card Industry Security Standards Council.

P.F. Chang's has provided an update on the data breach it disclosed in June, revealing that the incident affected 33 restaurants with a specific timeframe for each location.

Authentify is unveiling an extension to its mobile device-based authentication software.

Even though the adoption of the EMV initiative is voluntary, you don’t want to be the one looking for a chair when the music stops. Missing the October 2015 deadline for implementing Chip and PIN could come with a costly price tag for banks and merchants.

As the payments industry attempts to standardize the process of using a token to replace sensitive data, the end result may still involve several different approaches.

Target Corp., struggling to fix a botched expansion in Canada and undo the lingering damage of a holiday hacker attack, hired former PepsiCo Inc. executive Brian Cornell as chief executive officer.

The Secure Remote Payment Council wants a more open process in the development of a standard for tokenization, with the goal of ensuring a single token can be handled by multiple parties to improve security.