Data and information management

Applying early for the web extension increases the odds of getting a preferred address in a business where "First National" is as common as "John Smith." Eventually, bankers hope .bank gains widespread recognition as a mark of trustworthiness.

The fraud fix, as it is becoming clearer, is to take payment card information (account numbers, card verification values and the like) and devalue this data in an effort to make it less relevant to the hackers who seek to harvest and sell it.

Although it's been widely suspected that merchant EMV compliance will be low in October when the liability shift deadline kicks in, a new Javelin Strategy & Research report is projecting as many as 75% of all merchants will not make the deadline.

Among the most important payment changes on the horizon in the U.S., is the migration to EMV technology and the looming October 1, 2015 deadline.

Trustwave researchers have discovered a vulnerability in RubyGems, a software distribution programming language that's used for many payment processes.

Royal Bank of Scotland Group Plc said it has processed the 600,000 credit- and direct-debit transactions that were delayed last week in the government-owned bank’s latest payments failure.

Bankers are banding together to combat cybercrime and Chris Feeney, new head of the Financial Services Roundtable's technology arm, wants to play a central role in keeping it a team effort.

Visa and MasterCard are putting more resources than ever behind their tokenization services as they push to improve their standing in the overall digital payment market.

The Consumer Financial Protection Bureau has fined a medical debt collector and ordered the company to provide financial relief to consumers for mishandling credit-reporting disputes.

Banks are becoming interested in behavioral biometrics, or turning a consumer's unique physical handling of a mobile device into a security profile, but the more appealing use case could be for payment acceptance.

Most banks that deploy voice authentication require a specific spoken passphrase. Eastern Bank customers can have a normal conversation with call center reps; software in the background compares their voice patterns to a recorded snippet.

Financial services technology provider Fiserv has updated its capabilities to handle EMV-chip card production entirely in-house.

Most passwords rely too much on pet names, anniversary dates and other easily-guessed concepts. But replacing those words with pictures could provide a substantial improvement in security.

The nature of fraud in the U.S. is about to change radically, as fraudsters adapt to EMV security at the point of sale by shifting their attention to e-commerce channels. Accompanying this shift are changes to the consumer's role in spotting fraud — but this could be as much a burden as it is a benefit if banks and merchants are not careful.

Royal Bank of Scotland Group Plc said some customer payments went "missing" at its consumer bank in the latest glitch after the lender was fined for a computer failure.

Payment processor Elavon has signed a multi-year agreement to provide payment gateway and security technology to Wyndham Hotel Group.

Uber is a successful but sharply divisive brand. To Capital One, Uber is also an ideal partner for reaching a millennial customer base that would rather pay for everything through an app.

MasterCard will begin offering tokenization for app, e-commerce and recurring payment programs as it expands MasterCard Digital Enablement Services (MDES).

As Apple Pay grows, the security of Apple's mobile devices becomes more critical. With fingerprint identification built into every new iPhone built since 2013, why is Apple now strengthening its rules for PIN authentication?

Multinational banks that delay preparation for the European Union's proposed General Data Protection Regulation could pay a steep price: hundreds of millions of dollars in fines.