Technology

EMV card technology has fully replaced traditional magnetic stripe cards in virtually all developed countries except the U.S. In these markets, it's proven to be an effective technology to reduce fraud for card-present transactions, forcing fraudsters to migrate to areas that have not adopted a chip-based payment system.

As mobility has become embedded in the world’s cultures, issuers are feeling the heat to create their own mobile apps, but in an era of non-top data breaches and increasing identity theft, security fears abound.

MasterCard's Craig Vosburg is trying to improve the quality of life in cities around the world.

Some 75% of chief information officers plan to increase spending on security technology next year, with many anticipating jumps in security budgets of 20% or more.

When Square announced its payment processing deal with Starbucks three years ago, accompanied by a $25 million investment from Starbucks, it wasn't clear how the math would benefit the payment processor.

When Netflix announced that its new U.S. subscriber count had declined 10.2% year-over-year, it blamed the "ongoing transition to chip-based credit and debit cards." And the video-streaming company may not be the only victim of this phenomenon.

The U.S. might be ahead of the rest of the world in some areas of security, but when it comes to protecting against credit card fraud, we're way behind.

First Data Corp. raised $2.56 billion in its initial public offering, pricing the shares below the marketed range.

First Data Corp. raised $2.56 billion in its initial public offering, pricing the shares below the marketed range.

Visa hopes to cut through the chaos that surrounds security threats by creating an intelligence service to distill and deliver information on vulnerabilities and potential attacks.