Data and information management

Following its massive 2013 data breach, Target vowed to accelerate its EMV-chip card migration, but the retailer still just barely made the card networks' deadline.

Wireless transactions provider Apriva and payment technology services company Global Payments have teamed up to release a white-label EMV mobile payment offering.

More than 212 million biometric authentication devices will be shipped over the next decade for use in financial services, according to recent Tractica market research.

In a case testing regulators' authority to police companies' cybersecurity practices, a U.S. appeals court said Wyndham Worldwide Corp. must face a suit in which it's accused of failing to secure its computers from Russian hackers.

WASHINGTON — A Federal Deposit Insurance Corp. publication on Monday advised banks to include cyber risk in standard disaster-planning and business-continuity exercises as part of general strategic-planning discussions.

As part of the transition to EMV-chip cards in the U.S., some issuers are adding PIN security to cards that used to require only a signature. But as technology advances, the PIN may not provide as much security as consumers believe.

Chip cards alone are just one option for EMV, as the technology is a foundation for other, more secure payment solutions beyond the chip.

As mobile wallets and other high-tech payment mechanisms proliferate, they bring with them more options for security. Companies are increasingly looking for ways to use devices' built-in cameras to urge consumers to take self-portraits for authentication.

Though most merchants will be liable for fraud if they do not upgrade to EMV-chip card terminals by the start of October, many do not see themselves affected by fraud on the same scale as the major retailers that have suffered massive data breaches.

Total System Services (TSYS) has launched a new data analytics tool called TSYS Analytics Intellisuite, which will feature dashboards for real-time data monitoring and analysis of consumer portfolios.

JPMorgan Chase has named retired Army Gen. Raymond Odierno senior adviser to the company on international relations, cybersecurity, leadership development and other issues.

Discover Financial Services topped peers in a J.D. Power credit-card customer satisfaction ranking, ousting American Express Co. from the No. 1 spot for the first time in the survey's nine years.

Before it dissolves in late September, a bipartisan House task force should take a broader look at de-risking, changing technologies, cybersecurity and the private sector's role in deterring terrorism financing.

Not all government data collection is problematic. Some is actually good, and the facts about particular government data collection programs matter.

The Tel Aviv-based fraud prevention provider Forter insists that the legacy security model for e-commerce won't scale enough to combat the sharp rise in fraud coming in the post-EMV economy.

Alternative payments are taking hold at a brisk pace. Now a major bank lobbying group and payment company is crying foul.

Envestnet's planned acquisition of Yodlee is shedding light on how real-time data about customers' financial data can shape the future of the wealth management and financial advisory business. Jud Bergman, CEO of Envestnet, says the deal will create "an unprecedented level of engagement."

The Payments Security Task Force and the EMV Migration Forum will offer educational materials about EMV-chip card payments, including templates of social media posts and hashtags; educational downloads that include visual aids and training guides; media interview tips; and more.

When 650-store discount chain Fred's announced a data breach this month, it made an unwarranted leap of logic, one that has become all-too-common among breached retailers. That leap was deciding that an absence of evidence was proof that something didn’t happen.

MasterCard and First Tech Federal Credit Union are testing a system that might be the picture-perfect solution to the expected rise in e-commerce fraud following the October shift to EMV security in the U.S.