Technology

Apps on Apple's iTunes store are vetted at length to make sure they are safe for users and comply with rules set by Apple. In a rare instance, something malicious seems to have gotten through this process and onto users' phones.

Visa and MasterCard, the biggest payment networks, are prepared to settle a seven-year lawsuit brought by retailers to cut their credit-card costs later this month, three people briefed on the talks said.

As Facebook and Google work to become trusted names in payments, fraudsters are quick to exploit that trust.

The Twitter account @NeedADebitCard shames people who post photos of their debit cards online — but as anti-fraud systems advance, how much danger is there from these photos?

Private-label credit card portfolios haven't looked so healthy in years, at least in terms of credit quality.

Mobile devices can be used to add a second factor of authentication for bank accounts, but they can also be an easy factor for fraudsters to misuse.

Cielo, a payments company based in Brazil, announced July 2 that it is buying a U.S. company, Merchant e-Solutions.

Global Payments is offering Planet Payment's Pay in Your Currency technology to merchants in Canada. Global Payments plans to offer a similar service in the U.S. later this summer.

"A burglar cannot rob 300 homes in one night, but a cybercriminal can attack 300 mobile devices at a time," said Dr. Markus Jakobsson, principal scientist, consumer security at PayPal.

Consumer delinquencies in the first quarter of this year improved in 10 of 11 categories - including bank cards, personal loans and auto loans - but the trend may slow through the rest of the year, the American Bankers Association reported Tuesday.