Technology

Most passwords rely too much on pet names, anniversary dates and other easily-guessed concepts. But replacing those words with pictures could provide a substantial improvement in security.

Forget about Bitcoin or other digital currencies. Consumers already have an alternative to cash – reward points – and the fast development of mobile wallets will enable them to spend these points widely.

The most striking thing about Apple Pay's recent loyalty announcement is that it included no loyalty program for Apple Pay.

Earvin "Magic" Johnson has made several moves in the payments industry over the years, and the latest puts him on Square's team.

The nature of fraud in the U.S. is about to change radically, as fraudsters adapt to EMV security at the point of sale by shifting their attention to e-commerce channels. Accompanying this shift are changes to the consumer's role in spotting fraud — but this could be as much a burden as it is a benefit if banks and merchants are not careful.

Royal Bank of Scotland Group Plc said some customer payments went "missing" at its consumer bank in the latest glitch after the lender was fined for a computer failure.

Android Pay's announcement lacked the jaw-dropping excitement of last fall’s Apple Pay release. As you can tell from the name, the Android Pay playbook is remarkably similar to Apple Pay.

Payment processor Elavon has signed a multi-year agreement to provide payment gateway and security technology to Wyndham Hotel Group.

Starbucks says it will offer its mobile order-and-pay application to customers at stores in 21 more states in the southern and central U.S.

Ecobank Transnational Inc. and MasterCard have agreed to promote electronic payments throughout Central and West Africa, accelerating use of payment cards for consumers and mobile card readers for merchants.