Target has agreed to pay $39 million to settle loss claims from a two-year-old data breach that were brought by MasterCard and a group of financial institutions, according to court documents filed Wednesday.

Lloyds Banking Group in the U.K. has made Deborah McWhinney its third nonexecutive director. She joined the board at Lloyds Monday and also serves on its audit and risk committees.

The long-running tension between anti-money-laundering rules and data privacy concerns is especially pronounced in the awkward relationship between regulated financial institutions and digital currency businesses.

Unlike the high-profile hacking incidents at big banks, smaller institutions have their own breed of threats such as cyberextortion that they must focus on in strengthening their security.

Krispy Kreme's new payment and loyalty app is betting big on customers' appetite for donating to charity.

Despite being widely encouraged to do so, most banks have not rushed to build their own mobile wallets to maintain their brand identities while complementing the capabilities of existing payment apps.

Innovation and flexibility aren’t attributes often associated with public transportation. But by deploying cutting edge open payment ticketing technologies, transit operators can give their customers greater flexibility and create a more engaging transit network.

Services are cropping up that help banks analyze bitcoin transactions for signs of criminal behavior such as money laundering. But such services come with their own risks.

Business leaders know their enterprises thrive on efficiency and productivity. But learning to capitalize on those goals for maximum returns – well, that's another challenge altogether.

Pioneer West Virginia Federal Credit executives wanted to move its marketing more aggressively into social media.

Two credit unions are using – and praising -- a new weapon in the plastic card security arms race.

When you're based in Silicon Valley and Technology is literally your first name, taking a wait-and-see approach to adopting new tools is not an option.

By integrating cloud-based remote eSignatures into lending document processes here, Hughes Federal Credit Union has hit milestone goals, including increasing indirect lending volumes by 27%.

Many vendor relationships can offer more than meets the eye, and vendor partnerships can sometimes yield results greater than the sum of their respective parts.

Altra Federal Credit Union wanted more members –especially younger ones -- to use its mobile banking and remote deposit capture services.

The management team of R3 CEV thinks blockchain is going to revolutionize the financial services industry.

The introduction of EMV cards didn't significantly slow transaction times at U.S. retailers during the Black Friday shopping event, but there are still many wrinkles to iron out at the point of sale.

Mobile wallets have long struggled to displace cash and cards, so Ingo Money chose a different target: check-cashing.

R3 CEV thinks it is better positioned than other blockchain startups to provide products that banks will use. Why? It is pairing with banks up front, focusing on how they approach the trendy technology.

Ideal Credit Union’s VIP Member Rewards Program was selected as the winner of the inaugural OnApproach Big Data & Analytics Credit Union Industry Analytics Best Practices Competition.