Analytics

China's largest telecom technology testing laboratory plans to use a Fime tool to strengthen the country's mobile security.

Mobile payments is the next “big thing” for consumers. But how can we keep it from becoming so for hackers as well?

There are many potential buyers of stolen bank account data, including the banks themselves. But fraudsters are increasingly reluctant to sell their data back to its original owner.

The rollout of EMV is accompanied by increased card not present fraud, but banks can reduce losses using voice biometrics in the call center.

WEX has selected Roberto Simon to become the fleet card company's next chief financial officer.

Financial institutions are often thought of as major consumers of technology, but a pair of recent examples show that more tech is being developed in-house and, once proven feasible, monetizing it. Expect more spin-offs, observers predict.

Raj Date, the consumer bureau's former deputy director, said Thursday regulators need to be flexible, responsive and use discretion when it comes to dealing with financial technology startups.

The U.S. was one of the last countries to convert to EMV chip cards, at least partly because of the cost involved for the country's massive payments system to replace the easy-to-duplicate mag-stripe cards and halt counterfeit fraud.

As more merchants and consumers adopt mobile payments, many cybersecurity experts warn a boost in mobile payment-related breaches will result, though in some cases providers are sacrificing vulnerability for easier use and more adoption.

As we’ve seen with recent high profile data breaches, the threat of cyber-attacks has accelerated in the last 18 months and shows little sign of abating.

Although millennials are less trusting of financial advisors than older investors, there are still ways for wealth management firms to court younger clients.

The EMV deadline has come and gone, and customers and retailers alike are realizing that they need to understand and adapt to the new payment reality both online and offline.

With the highly anticipated EMV liability shift now in effect in the U.S., merchants have been adopting point-of-sale terminals that can accept chip-based cards.

If Visa and MasterCard seem to be shining an extremely bright spotlight on their tokenization efforts, it's because they view it as vital to their survival.

October saw the three main card networks invest in bitcoin-related companies, which comes on the heels of major banks exploring the use of bitcoin and blockchain technology to solve some industry pain points.

MasterCard is talking to Merchant Customer Exchange executives about what role the card brand could play in the retailers' CurrentC mobile wallet, but the card brand insists it is just an interested observer in the merchant mobile wallet venture.

With more smartphones coming equipped with technology that can read each user's fingerprint, it might be time to expand this idea and check the fingerprints of the device itself — particularly as mobile and e-commerce see more fraud as a consequence of EMV tightening up security at the point of sale.

American Express Co., bracing for a decline in profit after the loss of a key retail partner, made a series of organizational changes including combining U.S. and international units and said that consumer product head Josh Silverman is leaving the firm.

The Senate approved a key cybersecurity bill Tuesday after several days of debate on the chamber floor — and several years of lobbying by business groups, including bankers.

U.S. merchants, card issuers, and payment processors are beginning to switch over to EMV. However, there are frequent reports that large numbers of U.S. merchants are not ready.