Technology

Europe is home to many innovative and disruptive banks, telcos and technology firms. Some of these are deploying mobile wallets that have the potential to span the entire continent.

Encryption still vastly outpaces tokenization as a means of defending data in the cloud, according to a new report from a cloud data cybersecurity firm, CipherCloud.

FICO and two data partners are testing a credit score based on alternative data that could help banks take smarter risks on borrowers with limited credit histories, but bankers' cost concerns and adherence to traditional methods present big hurdles.

French terminal maker Ingenico Group will use Intel Corp. technology to develop a mobile tablet that supports EMV chip card and Near Field Communication contactless payments.

As digital technology has reshaped the acquiring business, some of the industry's biggest names are making splashy investments in mobile payments and merchant marketing.

Seeking online merchants that are angry about fraud-related chargeback expense, Kount and Ethoca are partnering to tip off businesses about payment cards that have a track record of suspect transactions.

The U.K. is ahead of the U.S. in nearly every aspect of payments, except for mobile or remote deposit capture—a technology designed for checks, which are in decline but still a preferred payment choice for a couple of industries.

FIS has designated a permanent area in its San Francisco office to test and showcase mobile banking and payment apps, highlighting the pressure on traditional vendors to stay current on emerging technologies and recruit young tech talent.

The administration's new step empowers Treasury to freeze assets of those behind attacks that harm the U.S. financial system or other "critical" infrastructures.

Mobile commerce is blurring the lines between card-present and card-not-present transactions, possibly even making the distinction—and the difference in pricing—irrelevant.