Analytics

Retailers often worry that their customers won't return after a breach, but as logical as this expectation is, it may be far from the truth.

CPI Card Group in Littleton, Colo., has joined the FIDO Alliance, a consortium of players in the payments security industry that works on improving authentication.

Visa has nabbed an executive from media company Time Inc. to be its chief marketing and communications officer.

To plan for the inevitable, issuers need to consider three essential risk-management strategies including a business continuity and disaster recovery plan, a diversified partner strategy, and continued education for EMV cardholders and merchants.

Discover says it will help consumers seeking to establish or rebuild a credit score by expanding the availability of its Discover It Secured Credit Card, which offers the cash-back rewards and security measures of its mainstream cards.

A new class of fintech startups is using loan applicants' social networks to determine creditworthiness as the banking industry debates the merits of alternate underwriting methods.

Reeling from the loss of the Costco account and other setbacks in 2015, American Express is looking to the future the same way any investor might — banking on the diversification of its portfolio to slowly climb back.

For years, the financial services industry has relied on tactics such as education campaigns, sales pitches and financial penalties to get merchants to upgrade their technology. Ironically, the bad security that led to Target's 2013 data breach may have been the strongest way to deliver this message.

More companies are using installment payments to lure consumers away from credit cards, and MasterCard is testing a model that could lure them back.

It may seem odd for a vendor of payment acceptance hardware to discredit EMV security, which is commonly seen as a catalyst for hardware sales, but that's exactly what MagTek is doing.

More than 100 online authentication methods have earned Fast Identity Online Alliance certification as the organization's goal of eliminating static passwords gains momentum.

Discover has taken a deeper step into the airline miles rewards card competition, shifting the tone of its TV advertising with its first commercial for the It Miles card it introduced last year.

Wells Fargo and American Express have launched their third credit card product together.

Many emerging innovators want to incorporate digital advances into the incumbent financial services sphere, not necessarily leapfrog banks.

There is a lingering fear that enabling real-time transfers between consumer bank accounts will open a window for fraud that cannot be closed. But as the demand for real-time payments grows, two large bank-led consortia hope to address the banking industry's fraud concerns by developing an interoperable identity shield.

FuturePay hopes its alternative credit model can shake up in-store payments as the company plots to go beyond its e-commerce roots.

Bank regulators will stiffen their requirements and identity theft will escalate, but banks will toughen up their defenses.

At the start of 2015, there was a sense that Silicon Valley would soon rule the world of finance and that banks risked irrelevance. A year later, a more balanced picture has emerged.

Fidelity Investments is dropping American Express Co. and Bank of America Corp. as partners for its cash-back credit card, capping a year of fierce competition among networks and lenders for deals that bring in customers.

Holiday shopping doesn’t stop after December 25. It goes beyond that as many consumers buy goods post-holiday as well, boosting sales even more.