Data and information management

OpenEdge, the integrated payments unit of Global Payments, has reached a partnership to provide its EMV product to Carolina Software.

The prepaid industry is maturing, and leaders are providers that have maintained product flexibility and innovation and married it with the processes, technology, compliance and user experience that is needed in today’s dynamic marketplace.

Chicago-based security vendor Trustwave says 90% of Verifone card readers it tested for the first time still carried the default password. These findings reinforce the perception that many merchants don't follow the basics when it comes to their own security.

When it comes to biometric authentication, Samsung is looking way beyond fingerprints.

Security services firm ControlScan has updated its SiteWatch software to help acquirers and payment facilitators detect e-commerce fraud.

Fresh off its success in the Philippines, Seattle-based transfer company Remitly is using mobile security and other digital features to tap other markets, where an endless supply of competitors and fraudsters await it.

Geopolitical and regulatory risks are rampant in Europe, but Visa Europe is well positioned to weather the storm.

Alternative financial service providers that sell prepaid cards, bill pay, check cashing and other services to underbanked consumers are becoming more sophisticated with the ways they mine customer data.

As more mobile wallets come to market, security becomes a more common selling point. Some stick to tried-and-true methods like typing a PIN or password, but others are experimenting with less conventional ideas.

Citigroup Inc. is in final talks to sell its Japanese credit-card unit to Sumitomo Mitsui Trust Holdings Inc. for at least 40 billion yen ($335 million), people familiar with the matter said.

A long-awaited bill to enhance cybersecurity information sharing has taken a major step forward.

Throughout the U.S., many companies are still not covering the essentials when protecting their systems, but the enemy is getting increasingly sophisticated and relentless, Visa's risk chief said.

Phone-order fraud is expected to spike in the same manner as any other card-not-present fraud as a result of the U.S. migration to EMV chip-based cards at the point of sale.

Lending analytics firm Orchard Platform has cut a deal with alternative small-business lender Kabbage to allow institutions to invest in the latter's relatively new line of consumer loans.

You would think by now most merchants would know how to protect payment card information.

Selfies, or self-portraits typically taken with a smartphone's camera, are an all-too-common consumer habit. And the practice is now migrating to formal business use, such as for authentication.

By poaching Ruth Porat from Morgan Stanley, it's clear Google wants to forge closer relationships with banks. That's because banks hold the key to helping Google expand its Google Wallet mobile-payments product.

Retailers and bankers are teaming up to improve the flow of information regarding cybersecurity.

Lendio, an online lending marketplace for small business, raised $20.5 million of equity capital in a recently completed funding round.

Zumigo, an identity provider, is expanding the reach of its mobile location verification service to online merchants.