Data and information management

An internal review at Goodwill Industries has concluded that hackers accessed customer payments data through a vendor-related weak spot.

Although unintentional, missteps in communications by regulators can create headwinds for companies developing payments innovation.

Roximity is working to differentiate itself from other beacon manufacturers by increasing the lifespan and security of its devices.

Home Depot is working with banks and law enforcement agencies to investigate a potential theft of its customers' credit and debit card information.

For Apple, the timing couldn't be worse to launch a mobile wallet. Mobile wallets can be a tough sell for many consumers, and brand image is a key element in winning their trust.

American Express launched two new credit cards for Canadian consumers, with a focus on cash-back rewards.

Two is better than one, especially when it comes to protecting a consumer's identity.

In much the same manner as banks use red dye packs to explode in stacks of stolen money, payment network providers expect tokenization will sabotage any hacker's attempts at data theft. But will their investment pay off, or will it disappear in a puff of smoke?

EMV is no stranger to the news cycle, with the card network 2015 liability shift approaching for many U.S. businesses.

A bulletin from the Consumer Financial Protection Bureau outlining new policies for mortgage servicing transfers has the industry on alert for another possible round of rulemaking coming down the pike.

Card data security has to become a 24-hour priority for businesses, not just when PCI compliance assessors come around for annual checkups, according to the Payment Card Industry Security Standards Council.

Computer hackers targeted JPMorgan Chase & Co. and at least four other banks in a coordinated attack on major financial institutions this month, according to a U.S. official.

Amadeus, a payments vendor for travel companies, has integrated UnionPay credit and debit cards into its platform.

WEX, a corporate payment provider, has signed an agreement to provide its Virtual Credit accounts payable platform to Zibrant, a U.K.-based events management company.

According to Javelin Strategy & Research’s 2014 Identity Fraud Report, 13.1 million consumers became a victim of identity fraud in 2013—the second highest level on record. This means that 5% of the U.S. population is now being affected by identity fraud every year.

Jamie Topolski, the new director of alternative payment strategies for the Output Solutions division of Fiserv, expects that the U.S. migration to EMV will take as many as 10 years to complete.

Nacha, the electronic payments association, has stepped up scrutiny of the automated clearing house network in an attempt to weed out fraudulent charges.

The U.S. won a Dutch top court ruling allowing it to seek the extradition of a Russian man suspected of helping to lead a ring that hacked 17 companies including Nasdaq OMX Group Inc. and 7-Eleven Inc.

The U.S. won a Dutch top court ruling allowing it to seek the extradition of a Russian man suspected of helping to lead a ring that hacked 17 companies including Nasdaq OMX Group Inc. and 7-Eleven Inc.

Nearly 20 years ago, Visa executives celebrated a milestone for the card brand's global VisaNet payments network. The system could finally handle 1,000 transaction messages per second.