By making tokenization available on each other's digital wallets, Visa and Mastercard are addressing the security concerns of merchants who are happy to accept both brands but nervous about how their wallets can be misused.

In response to a series of cyber bank thefts, Swift has developed new guidance. It's a necessary first step, though banks for now are still left to fend for themselves.

Yahoo! Inc. disclosed a second major security breach that may have affected more than 1 billion users, another blow to the company's reputation as it nears the sale of its main web businesses to Verizon Communications Inc.

The tech firm behind USAA's digital assistant has introduced an authentication tool that identifies customers by the sound of their voice or by their facial features.

Russian authorities have handed over an American fugitive who the U.S. accuses of conspiring to organize the largest known cyber attack on Wall Street, according to people familiar with the matter, resolving months of negotiations at a moment of high tension over hacking between Moscow and Washington.

Payments are inevitably merging with social media, but the mix comes with a clear and very public risk if not handled correctly.

Banks should embrace artificial intelligence so that they can more easily navigate policy shifts that will affect their compliance resources and processes.

As online shopping and card fraud increase, startups offering easy-to-use “burner” cards could see strong traction.

The Michigan-based CUSO purchased a 60% ownership share in CU Wallet.

As online shopping and card fraud increase, startups offering easy-to-use "burner" cards could see strong traction.

Three credit unions have selected Fiserv’s DNA account processing platform to assist with their technology transformations.

Both major brands are accelerating a move away from traditional checkout, and all retailers need to make adjustments for the future.

One of the big ideas payment technology execs push is the backgrounding of the transaction — often called the "Uberization" because of how well the ride-sharing app Uber accomplishes this feat.

Merchants should check operating systems, since the PC-based operating systems which run most legacy point of sale software have security flaws and are targets for malware.

The payments messaging network Swift has told its client banks that the threat of cyberattacks "is very persistent, adaptive and sophisticated — and it is here to stay."

The payments messaging network Swift has told its client banks that the threat of cyberattacks "is very persistent, adaptive and sophisticated — and it is here to stay."

Banks and data aggregators agree that screen scraping is a practice probably best left behind. In the coming year, the two might get better at sharing data via APIs.

The core-tech vendor Fiserv has agreed to buy Online Banking Solutions in Atlanta.

Too many data breach reports show that companies suffering compromises were unaware that cardholder data was present in their systems. The Payment Card Industry Security Standards Council wants to fix this.

The core-tech vendor Fiserv has agreed to buy Online Banking Solutions in Atlanta.