There was a time when IT was seen strictly as a support function. Today, it is so interwoven into nearly every aspect of running a credit union, that it’s increasingly common to see a stint in the server room on the resume of the person who is now running the whole operation from the corner office.

Visa Inc.'s CyberSource has launched an analytics tool called Decision Manager Replay that allows merchants to assess their online fraud management and detection strategies based on data intelligence.

With the EMV liability shift having just passed, banks and merchants alike are scrambling to comply with the card network-imposed deadline.

With EMV cards fighting counterfeit fraud at the point of sale, Gemalto Inc. says the timing is perfect to launch a payment card with a dynamic verification code to provide a similar improvement to e-commerce security.

Even before Apple Pay burst onto the scene last year as an enabler — and, in many ways, a competitor — of bank mobile wallets, U.S. banks have been told by investors, industry experts and customers to develop their own payment apps.

WEX has agreed to acquire fleet card provider Electronic Funds Source in a stock-and-cash deal.

One of the top lieutenants in Silicon Valley is leaving the side of one high-profile Internet executive in Marissa Mayer to join another, Jack Dorsey.

With its IPO out of the way, First Data is accelerating its focus on merchant technology, and that means luring the developers who are rapidly changing how people shop and pay.

Bankers are increasingly concerned that an optional cybersecurity assessment tool released by regulators this summer could soon become mandatory.

The fleet card provider WEX has agreed to acquire software-as-a-service technologies provider Benaissance.

Financial instituitons are increasingly concerned that an optional cybersecurity assessment tool released by regulators this summer could soon become mandatory.

Barclaycard and travel site priceline.com have extended their co-branding agreement, which means consumers can still get a credit card with pitchman William Shatner's face on it.

Starbucks and Square, once the hottest couple of the payments world, are splitting up. But their relationship was never perfect; signs of trouble were obvious from the very start.

No wonder Jack Dorsey wants to keep running Square. Dorsey, the payment company's chief executive officer who also just took on the same role at Twitter, is the largest shareholder in Square by a wide margin, with 24.4 percent. The investment firm Khosla Ventures is the second-largest with 17.3 percent, according to Square's registration for an initial public offering filed Oct. 14.

While Sony Corp. is scaling back its global smartphone ambitions, the company still wants to contend with Apple Inc. and Samsung Electronics Co. on mobile payments in Asia. Its method for getting there is public transportation.

As mobility has become embedded in the world’s cultures, issuers are feeling the heat to create their own mobile apps, but in an era of non-top data breaches and increasing identity theft, security fears abound.

MasterCard's Craig Vosburg is trying to improve the quality of life in cities around the world.

Some 75% of chief information officers plan to increase spending on security technology next year, with many anticipating jumps in security budgets of 20% or more.

When Netflix announced that its new U.S. subscriber count had declined 10.2% year-over-year, it blamed the "ongoing transition to chip-based credit and debit cards." And the video-streaming company may not be the only victim of this phenomenon.

The National Credit Union Administration and Federal Trade Commission are taking to Twitter to advise consumers on warding off cyberattacks.