Technology

Citi Philippines, a unit of Citigroup Inc. is working with Planet Payment to provide the currency processor's services to Citi's merchant clients in the Philippines.

As soon as the pain subsides from enduring a punch in the stomach from another data breach, the payments industry often is ripe for a change in behavior. Or at least it’s willing to learn more about how to avoid future mishaps.

The Deloitte Consumer Spending Index climbed higher in March, marking only the third monthly increase in the past 12 months.

41st Parameter has raised $13 million in fresh capital to fuel research, development and further expansion.

Visa Inc. has rolled out another point-of-sale fraud-fighting tool for payment card issuers already facing costly changes to block fraud at the checkout level with EMV technology.

Countries all over the world are tightening money-laundering rules, particularly as payments become more digital and sophisticated.

Visa Inc. has launched a new tool to help issuers spot fraud, the card brand announced April 11.

Security experts are seeing an increase lately in advanced persistent threats, malicious software that has no known signature or known pattern of behavior.

Philippines financial authorities are discussing the possibility of establishing a debt-restructuring mechanism to address rising loan defaults among the country’s credit cardholders, many of whom may be defaulting nondeliberately.

If fraudsters encounter strong data security when hunting the big game of corporate bank accounts or payment-processor databases, they may shift their attacks to mobile commerce.