Personally identifiable information

Apple's new credit card isn't just another virtual card in its virtual wallet. It borrows a lot of features from the most successful brands in payments and technology.

The ongoing availability of stolen account information used to perpetrate vishing and phishing was exacerbated by the Capital One data breach disclosed this week, affecting 100 million accounts, and is likely to increase fraud threats.

Consumers are looking forward to $125 settlement checks from Equifax Inc. stemming from a data breach two years ago. Hackers, however, are using the claims as another opportunity to steal their personal information.

The timing of the settlement serves as a warning to other companies of the risks they face in an increasingly data-focused economy.

The idea of a common digital identity for consumers has become more compelling amid the digitalization of the world's economy. Many bank and credit union executives consider it a natural fit, one the industry should be prepared to lead on.

Transit systems are attracting contactless payment technology, but there are other options on the horizon that could make boarding easier than tapping a card or smartphone — provided riders are comfortable with an experience like something out of Minority Report.

Facebook Inc. failed to fend off a lawsuit over a data breach that affected nearly 30 million users, one of several privacy snafus that have put the company under siege.

Facebook is focusing the initial discussions around its cryptocurrency project as a preemptive strike against the privacy and legal concerns the public and politicians have about the huge social network.

Long gone are the days when consumers had their Social Security and driver’s license numbers pre-printed on their paper checks for faster identity verification. Consumers now understand that such precious elements of their identity need to be better protected.

A report from the National Credit Union Administration’s Office of the Inspector General found the agency routinely failed to properly dispose of IT materials and spent roughly $440,000 on unnecessary equipment, among other findings.

Stripe has updated its products and made an acquisition to prep for new security standards it says will impact more than 300 million people, potentially giving Stripe the same kind of influence over European merchant technology that it enjoys in the U.S.

Credit unions in the Lone Star State have been working with lawmakers on a series of bills but the clock is ticking since the legislative session ends in May and won't restart until 2021.

Mastercard’s real-time incentive marketing initiative is an acknowledgement that requiring consumers to take action to seize a special deal won’t work as well in the mobile age.

Mastercard is calling for a global consumer digital identity bill of rights to be adopted by businesses, governments and regulators as it prepares to launch a digital ID management service later this year.

A Cleveland startup’s play in the crowded and noisy P2P market is to nudge the transaction as close to digital version of paper money as possible — without Venmo’s social tools or Zelle’s email model.

Because various aspects of the General Data Protection Regulation were made public two years before they became official law, European lawmakers naturally felt it gave companies plenty of time to get data security compliance in place. But it appears most companies either lost track of time or haven't solved the compliance puzzle yet.

System breaches similar to events at Equifax and Marriott could just as easily happen to credit unions, leading Mastercard and the credit union service organization, PSCU, to take protective measures.

Municipal IDs help marginalized groups, such as undocumented immigrants, open checking accounts and become credit union members but concerns over regulatory compliance linger.

A new regulation in the Golden State could provide a de facto national standard as Congress continues to stall on data breach legislation.

There may be plenty of fish in the sea, but there's also plenty of phishers. In today's digitally-driven culture, many people find their future spouse by dating online — and there are even financial advantages to doing so — but there are also major risks.