Technology

Global Payments Inc.'s recent data breach is causing many payments-industry participants, including hundreds of small U.S. processors, to recheck their security, one security expert contends.

Consumer confidence rose again in March, led by healthy attitudes toward the economy and personal finances, according to the Discover U.S. Spending Monitor, a daily poll tracking economic confidence and spending intentions of nearly 8,200 consumers.

Consumer loan delinquencies fell across the board in the fourth quarter ended Dec. 31 as borrowers were helped by improving job and housing markets, the American Bankers Association said.

Global Payments Inc.’s massive data breach underscores the need for the U.S. to embrace the EMV standard without delay, at least one chip card proponent contends.

By acquiring two payment-security technology companies the past few months, Underwriters Laboratories Inc. contends it is in a position to provide its clients with conformance evaluation and security advice on virtually all aspects of payments.

A European Credit Risk Survey conducted by FICO and Efma shows that a "credit gap" looms for small businesses in 2012.

With e-commerce fraud showing no signs of slowing and a strong possibility of increasing, acquirers and their merchants could use all the detection help they can get.

A division of Jack Henry & Associates is partnering with ACH Alert to offer new products to mitigate losses from automated clearinghouse and wire fraud.

Many Internet users in South Korea haven’t increased the protection of their private information even though many have borne the brunt of hacking and voice-phishing scams over the past few years, a new report suggests.

Consumers still have faith in payment cards, but Global Payments Inc.'s massive data breach will make life tougher for issuers trying to reassure audiences that all is well.