Technology

Another year brings another attempt by Google to develop the winning formula that will allow it to compete long-term in the mobile payments war.

Comptroller of the Currency Thomas Curry described cyber-readiness as a "system-wide" exercise, and said a new tool for assessing readiness can help banks of all sizes.

In the second part of a two-part conversation with American Banker, miiCard's James Varga discusses how his company leverages the trust placed in banks to create "digital passports" for consumers to prove their identities without oversharing information.

U.S. Bank in Minneapolis has updated its mobile corporate payments to allow the use of virtual card accounts, which give users a temporary 16-digit number to execute transactions.

The rapid pace of change has forced payment companies to collaborate more often, a posture that will help the industry in the future, even if EMV and other innovation disrupts the market.

Traditional assumptions about how demographic groups adopt digital channels are fading as comfort with new technology becomes common, according to new research from payment processor Total System Services (TSYS).

Visa and Verifone hope to reach merchants that are anxious to follow the shopping experience as consumers make purchases through a combination of apps, websites and in-store visits.

It comes as a shock to few people that we’re currently in a period of high fraud, in an environment that can be characterized with words like “high risk” and “unstable.”

Royal Bank of Canada (RBC) is already working with the features of the upcoming Android operating system that Google previewed last week, with the goal of improving the usability and security of mobile payments.

After suffering a major data breach in 2008 when hackers infiltrated its payment processing network, Heartland Payment Systems took great efforts to become the poster child for digital security. But thieves found another way in.