Technology

MasterCard now offers an anti-fraud tool called SafetyNet, designed to protect banks and payment processors against hackers.

Boku Inc. is working with European mobile network operators to enable users to buy physical goods through its carrier billing service, which previously faced regulatory constraints that limited it to digital content sales.

The recent exploit of Signature Systems terminals, used by Jimmy John's restaurants and other clients, shows that the point of sale is still a key target for hackers. And the addition of EMV-chip technology won't scare them off.

Techniques used to fund terrorism and launder money evolve rapidly. At the moment, new payment methods, specific conventional banking areas and even charities and non-profit organizations are all targets for launderers.

First Data made four executive appointments as part of its diversification beyond payments processing to include a broader set of merchant services. Its updated lineup, announced Oct. 1, creates new roles for Barry McCarthy, Andrew Gelb, Sanjiv Das and Adam Rosman.

Capital One's new Capital One Wallet is a cardholder app for Apple's devices that uses an Android-like pattern-recognition feature for authentication.

Elliot Salzman, an executive at the $76 billion-asset BBVA Compass, belongs to a small club of lenders: those willing to take a chance on making home loans to risky borrowers.

Global Payments Inc. now calls its integrated solutions division OpenEdge.

Investor Carl Icahn, who earlier this year pushed eBay to make PayPal a separate company, says he is pleased with eBay's decision to do so but is not totally satisfied with the timing.

Despite the controversy over bending handsets and a broken iOS update, Apple’s iPhone 6 remains the must-buy addition to the smartphone sector, continuing to draw in the crowds.