Data and information management

Merchants are fighting fraud with machine-learning systems, a self-updating alternative to rules-based fraud detection methods.

Jumio Inc. has formed the Bitcoin Identity Security Open Network (Bison) to enable its clients to share fraud trend data.

LifeLock Inc. left many of its customers "extremely frustrated" when it pulled its mobile wallet app off the market last week because of potential security gaps, but those customers understand it was the right thing for the company to do, CEO Todd Davis says.

About a half year after Target suffered a massive data breach, the retailer is still anticipating further financial hits.

eBay is asking all users to change their passwords following an attack on a database that contained encrypted passwords and other user data.

Data thieves are generating various revenue streams based on the type of consumer credentials they can compromise, a new security study says.

Analytics of consumer payments data has transformed the ways credit card companies understand and engage their customers and prospects.

WASHINGTON — Consumers with medical bills in collection can see their credit scores hit by as much as 22 points compared to those with other types of debt, according to a study released Tuesday by the Consumer Financial Protection Bureau.

Visa Inc. has joined the FIDO (Fast Identity Online) Alliance's board of directors to help develop and deploy stronger online authentication standards.

Jumio is working with the European Bitcoin exchange Safello to provide faster verification of customers.

As consumers get more comfortable with biometrics, the technology could have more uses for payments and other financial transactions.

LifeLock Inc. has temporarily pulled its LifeLock Wallet app off the market to address security issues.

Old-school payments networks are looking for ways to speed their pathways. Tech companies are looking to blaze new trails. In the end, however, all roads lead back to one issue — security.

Users of new technology often invite derision—Google Glass wearers are "Glassholes," iPhone devotees are "iSheep"—and mobile wallet users may soon be the next target of such ridicule.

Old-school payments networks are looking for ways to speed their pathways. Tech companies are looking to blaze new trails. In the end, however, all roads lead back to one issue — security.

Italian payments technology company TAS Group is approaching U.S. issuers with a product called e-Mission that takes aim at two growing payment trends in the country: EMV-chip cards and instant issuance.

Many card issuers think they only have two options when it comes to EMV—keep all issuance in house or outsource.

When Ben Milne was running a manufacturing company in Iowa, "you could not get around credit card fees," he recalls.

Swipely, which combines a data analytics platform with payment processing, is expanding the feature set to appeal to larger merchants.

Zipremit is planning a service that will enable merchants to accept payments and extend credit to consumers who don't want to use a credit card account.