WASHINGTON – After several false starts this year, the Senate is gearing up for a vote on a major cybersecurity bill backed by the banking industry.

WASHINGTON — After several false starts this year, the Senate is gearing up for a vote on a major cybersecurity bill backed by the banking industry.

Combing through data to find people who’ve paid for something twice or left their cash at the ATM helps the bank build goodwill with customers, says analytics chief Christian Nelissen.

European mobile point of sale company SumUp has brought its technology across the pond.

MasterCard plans to add its tokenization service to the MasterPass digital wallet to boost security for online and in-app purchasing.

Discover Financial Services has joined the Banking Industry Architecture Network to take part in the nonprofit's framework and messaging standards to lower costs and speed the delivery of services to customers.

So many banks are running systems that were implemented before 1984, the year Mark Zuckerberg was born. They’re going to be dead meat in the age of real-time connectivity in the near-free world of today’s mobile Internet.

Stockholm-based Seamless is threading currency exchange into its QR code-based mobile payment platform SEQR.

October 1 marked the dawn of a new era in the U.S. payment card marketplace. While there are not yet rules from the card brands that demand all parties utilize EMV technology, the financial liability shift is a significant first step across a line in the sand that cannot be erased.

Discover Financial Services, the credit-card issuer that's expanded to student lending and unsecured personal loans, posted profit that beat analysts' estimates as the firm bought back about 8 million shares of stock and provisions for loan losses declined.

While migration to cards with chip technology should help mitigate card fraud, additional steps by retailers and more layers of security are needed.

Deluxe Corp. is buying data services firm Datamyx LLC from Halyard Capital for $160 million in cash.

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.