Data and information management

Security veterans Frank Abagnale and Ori Eisen have teamed up on a heavy-duty authentication service with no pretensions of being easy to use. Their venture, Trusona, just raised $8 million.

Online gambling is like gun shows and weed—legal and very lucrative, though with enough regulatory baggage that most service providers are reluctant to go near them.

There is a different feel to the troubles American Express faces today, mainly because its lost Costco relationship represented what might be one of the last of its kind — a deal in which a large retailer gives exclusivity to a certain card brand and tells customers how to pay.

Data indicating a sharp rise in e-commerce fraud attacks since the first EMV installations at the point of sale in the U.S. is not yet available, but fraud's shift to the digital landscape and its favorite targets is apparent.

President Obama on Wednesday named Thomas Donilon, the former national security adviser, to chair a special commission to develop a long-term cybersecurity strategy.

Only 37% of U.S. merchant locations are fully equipped for EMV card acceptance, narrowly missing a projected 40% rate of deployment predicted by management consulting firm Strawhecker Group, according to research it published Wednesday.

WASHINGTON — President Obama on Wednesday named Thomas Donilon, the former national security adviser, to chair a special commission to develop a long-term cybersecurity strategy.

Despite the rise of digital banking, most people still look to physical channels when opening accounts. That's partly due to consumer preference, but banks have a long way to go to make the digital sales experience smooth.

Web standards developer W3C has launched a Web Authentication effort aimed at replacing the use of passwords for log-ins with more secure authentication methods.

The speed required by omnichannel commerce extends not only to payments and processing, but increasingly, also to vetting, registering and onboarding new users.

WASHINGTON — The Department of Homeland Security and the Department of Justice on Tuesday released guidelines for the implementation of the Cybersecurity Information Sharing Act, prompting some industry skepticism as well as renewed privacy concerns.

Gary McAlum, USAA's top security executive, discusses what he sees as a false choice between security and convenience, his company's progress in getting users to adopt biometric authentication, and the need for a holistic approach to security.

The Electronic Transactions Association released its updated Guidelines on Merchant and ISO Underwriting and Risk Monitoring last week, spotlighting various merchant categories that face the biggest scrutiny from law enforcement agencies.

It has been difficult for the card brands' 3D Secure technology to find a following in the U.S., in part because of a lack of awareness, and in part because of the consumer friction the authentication process has caused in the past.

In comparison to the countries that have already implemented faster payments, the U.S. market contains a far larger and more diverse array of financial institutions that would have to implement the system in order for ubiquity to be achieved.

Much of the growth in wearable technology is happening without an eye to enabling payments. This is prompting many companies to find a way to add payment capabilities to wearables without forcing users to buy an entirely new device.

Community bank executives need to focus on these three areas in order to embrace change and cater to younger, tech-savvy customers.

By now, many merchants should be wondering if they made the right decision by failing to act before last fall’s EMV liability shift.

A cybercrime ring that reportedly stole $1 billion from banks around the world last year is back, using different tactics. For one thing, it's more often going after banks' corporate customers, making its activities harder for banks to detect.

Disruption in credit scoring is healthy, but the new models touted by marketplace and other alternative lenders are still untested, especially about how loans will perform in a downturn.