Data and information management

The Federal Reserve System released a detailed vision Monday for improving the speed of the U.S. payment system.

Janell Thompson and Katarina Maloney say choosing the "wrong" name for their company was all it took to run afoul of banks and be labeled as co-owners of a high-risk business.

Like General Motors extending credit to car dealers, Google will use Lending Club to finance resellers, service providers, and consultants in its supply chain while putting to work a portion of the tech giant's cash war chest.

The next year will be huge for fraud and security in retail. Most concern around risk management for the year ahead is focussed on system security and fraud management, which is crucial to today's transactions.

Many companies are fed up with passwords, but the next step isn't so clear. Biometric authentication is winning favor, but LiveEnsure contends there is a less intrusive way to verify identity.

Data breaches have hit many retailers hard over the past year or so, and Stage Stores is doing everything it can to make sure customer payment data can't be exposed.

The processor Total System Services Inc. has entered into an agreement with terminal maker Ingenico to support a wide range of payment types, including magnetic stripe, EMV, Near Field Communication and Apple Pay.

While the payments industry is far ahead of other industries such as health care in adopting encryption, choosing the right method is still a challenge.

2014 ended roughly for some of the biggest payment companies, and 2015 will bring even more challenges from rapidly changing technology and nimble startups.

There are less than 300 days left until the liability shift for US credit and debit card payments occurs, but it appears that consumers and their credit and debit card issuers are not exactly on the same page when it comes to the sense of urgency around making EMV-enabled payment technology a reality.

In a State of the Union address declaring that “the shadow of crisis has passed,” President Obama said he will veto efforts to roll back financial reforms further while he reiterated support for a bill addressing cyber threats.

Two defendants in an alleged identity theft ring that targeted banks in New York City and Westchester County have pleaded guilty.

Even though Apple Pay hasn't yet launched in the U.K., experts in the EMV-compliant nation are eager to bring over Apple's mobile wallet to improve card-not-present security.

While real-time payment technology is a hot topic among banks in the U.S., real-time data analysis is likely to come much faster.

One of the engines driving Kenya's mobile-money transformation is poised for export.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

The upcoming Apple Watch, which does not have a built-in fingerprint reader for Touch ID authentication, will use a four-digit passcode to engage Apple Pay for mobile payments.

The ATM is one of the oldest self-service technologies in banking, and mobile is one of the newest. But surprisingly, this odd couple of technologies has a lot of synergy.

Businesses that don't take full advantage of their security software are wasting money and facilitating the hackers seeking access to their payment data.

With the introduction of Apple Pay, mobile wallet payment systems promise to disrupt long stagnant payment card status quo. But will these new services make our data and transactions safer?