Data and information management

Change is coming to the credit card industry following the government's recent antitrust victory against American Express, but the next few weeks could determine how deep the changes are — and who wins and loses.

American retailers have struggled with mobile payments, largely because they try to reinvent the entire buying process instead of evolving what's already there. Starbucks' success is rooted in its willingness to take the easiest route time and again, an approach that is clear in how it chose to implement Apple Pay.

Prosper Marketplace, an online lender for consumer loans, has found a new source of referrals: community banks.

WASHINGTON — President Obama on Wednesday formally signed off on the creation of a national intelligence center to share information about cyber threats.

Machine-learning provider Feedzai has implemented upgrades to the fraud detection service API it released in November, the company announced Feb. 25.

Merchants opposed to the U.S. migration to EMV-chip cards have long questioned whether the security benefit is worth the expense of putting in new payment terminals. American Express is taking some of the cost out of the equation, but even this move might not be enough to bring most merchants on board.

Gemalto reassured investors this morning that the alleged attacks by U.S. and U.K. government agents only breached the company's office network and could not have led to theft of encryption keys, which are considered an important part of digital payments security.

American Express Co., the lender that lost one of its biggest retailer partnerships and suffered a defeat in an antitrust lawsuit this month, is raising interest rates on a swath of credit cards for the first time in more than five years.

Consumers in North Dakota are far less likely to experience an incident of e-commerce fraud than those living in West Virginia. Knowing this informs Forter's monitoring of e-commerce fraud.

IBM will assist Citi's Mobile Challenge competition, the two announced Tuesday.

Bluefin Payment Systems, a technology vendor based in Georgia, will provide mobile point-to-point encryption technology to Infinite Peripherals, a point of sale system provider.

Visa Europe will introduce tokenization part of a new mobile payment service it plans to launch in April.

OnDeck Capital, the online lender whose initial public offering raised eyebrows in December, posted a net loss of $4.3 million for the fourth quarter in its first report as a public company.

Responding to reports last week that its encryption keys had been stolen by U.S. and British spies five years ago, Gemalto contends its products are secure and announced it would reveal results of its investigation into the claims at a press conference Feb. 25 in Paris.

Responding to reports last week that its encryption keys had been stolen by U.S. and British spies five years ago, Gemalto contends its products are secure and announced it would reveal results of its investigation into the claims at a press conference Feb. 25 in Paris.

Gemalto, which manufactures SIM cards and EMV chips, is investigating a report that U.S. and U.K. spy agencies hacked into the company's network and stole mobile phone encryption keys, a technology also used to secure card data.

Apple Pay's contactless payment model may be straightforward and simple, but it's not the only way to move funds without cards and cash. Many companies are coming up with alternatives that work from phones, smartwatches and other devices.

The apparent hack of Gemalto by U.S. and U.K. spies casts doubt over several security measures vital to the payments industry as it embraces chip cards and adopts digital payments.

Gemalto NV, the largest maker of mobile- phone cards and a manufacturer of EMV card chips, said it’s investigating a report that U.S. and U.K. spies allegedly hacked into its computer network to steal the keys used to encrypt conversations, messages and data traffic.

The financial services industry may be focused exclusively on securing payment card credentials, but other sensitive data can benefit from these efforts.