Analytics

ACH Alert has been providing fraud protection for Automated Clearing House, debit and wire transactions at banks for more than six years, but it's probably never been in a better position to draw attention to its real-time process.

Six months after the credit card fraud liability shift, merchants who have not implemented chip card technology are complaining about a larger number of chargebacks than they expected. But there are steps that can stem the tide.

Corezoid is courting the U.S. banking industry with a cloud-based solution its founder developed while working at a Ukraine bank.

Square's practice of using its merchant transaction data for risk analysis may seem innovative, but other other agile specialists—including Intuit—are finding ways to use new data streams to limit risk and deliver funds to borrowers.

Counterfeit card fraud is finally on the way down as EMV creeps into the U.S. marketplace, but card not present (CNP) fraud through online channels is skyrocketing. It's too soon, however, to blame the EMV shift.

Multifactor authentication is high on the list of payment security requirements, including new standards from PCI. For any company on the fence on adding stronger authentication, there's plenty of examples of what can go wrong with basic identity management.

Fueled in part by an increase in phishing attacks with malware attachments in the past year, fraudsters took only minutes to compromise a network in 93% of breach incidents, according to Verizon's 2016 data breach investigations report.

A recent spate of cyber-attacks leveraging POS (Point-of-Sale) malware against big retailers is drawing attention to a relatively new malware strain called "multigrain."

After planting its roots firmly in data encryption and enterprise content management for Payment Card Industry security compliance, Hyland has turned its attention toward fraud detection.

Although complete migration to EMV is expected to take up to seven years, CNP (card-not-present) merchants will struggle with increased fraud as criminals shift online to more vulnerable remote payments.

Banks and their merchant clients face a costly problem stemming from how prepared they are to deal with attacks that sidestep the point of sale.

The expansion of devices connected to the Internet of Things is raising security and privacy concerns, spurring the Smart Card Alliance (SCA) to take action.

IBM has released a set of blockchain cloud services built to meet security and compliance standards for companies in regulated industries — particularly, financial services, healthcare and government.

There is some good and bad EMV-related news for the U.S. when it comes to chargebacks and false declines.

New details unearthed about how cybercriminals stole $81 million out of a Bangladesh Bank account at the Federal Reserve Bank of New York provide insight into how the theft occurred, some of the vulnerabilities that were exploited and what banks can learn from the incident.

McDonald's has been at the fore of many new digital initiatives around the world, and it has played a significant role in demonstrating how MasterCard can flex its international scale to build new services and avoid being disrupted.

MasterCard Inc., the second-largest U.S. payments network, reported profit that beat analysts’ estimates as card spending increased.

EMV chip card protections at the point of sale and a general corporate awareness of card data security are helping lower the number of data compromises worldwide. But fraudsters are moving quickly to bigger targets.

An organization could go to great lengths to protect its internal network only to have all that effort undone by its third party service provider failing to take proper security measures.

Visa issuers will be required by October of this year to provide a transaction alert service to cardholders — but if they don't have a plan in place this week, Visa will step in with its own offering.