Most banks that deploy voice authentication require a specific spoken passphrase. Eastern Bank customers can have a normal conversation with call center reps; software in the background compares their voice patterns to a recorded snippet.

Most passwords rely too much on pet names, anniversary dates and other easily-guessed concepts. But replacing those words with pictures could provide a substantial improvement in security.

Tyro Payments, of Australia, will integrate its point of sale technology with the in-restaurant ordering and payment system made by Canada's TouchBistro.

Financial services technology provider Fiserv has updated its capabilities to handle EMV-chip card production entirely in-house.

Most passwords rely too much on pet names, anniversary dates and other easily-guessed concepts. But replacing those words with pictures could provide a substantial improvement in security.

Forget about Bitcoin or other digital currencies. Consumers already have an alternative to cash – reward points – and the fast development of mobile wallets will enable them to spend these points widely.

The most striking thing about Apple Pay's recent loyalty announcement is that it included no loyalty program for Apple Pay.

Security researchers say criminals are turning away from malware-only attacks and preying on unsuspecting call center reps, merchants and consumers with simpler, more traditional schemes.

Earvin "Magic" Johnson has made several moves in the payments industry over the years, and the latest puts him on Square's team.

Members of Xceed Financial Center now have instant access to an associate through their smart phones, laptops or desktop computers with the credit union's new virtual banking product — Xperience Center — which recently went live.

The nature of fraud in the U.S. is about to change radically, as fraudsters adapt to EMV security at the point of sale by shifting their attention to e-commerce channels. Accompanying this shift are changes to the consumer's role in spotting fraud — but this could be as much a burden as it is a benefit if banks and merchants are not careful.

Royal Bank of Scotland Group Plc said some customer payments went "missing" at its consumer bank in the latest glitch after the lender was fined for a computer failure.

Traditional non-bank payment providers have elected several unconventional names to represent the industry on the Federal Reserve's Faster Payments Task Force steering committee.

Android Pay's announcement lacked the jaw-dropping excitement of last fall’s Apple Pay release. As you can tell from the name, the Android Pay playbook is remarkably similar to Apple Pay.

Redwood Credit Union recently earned the highest mark on Glatt Consulting's Credit Union Industry HealthScore.

Payment processor Elavon has signed a multi-year agreement to provide payment gateway and security technology to Wyndham Hotel Group.

Starbucks says it will offer its mobile order-and-pay application to customers at stores in 21 more states in the southern and central U.S.

Ecobank Transnational Inc. and MasterCard have agreed to promote electronic payments throughout Central and West Africa, accelerating use of payment cards for consumers and mobile card readers for merchants.

Azimo, a mobile remittance startup out of London, has raised $20 million from investors at Frog Capital, MCI Investments, Greycroft Partners and e.ventures, according to a report in TechCrunch.

China UnionPay Co. acquired a stake in Hong Kong's Joint Electronic Teller Services Ltd. as the bank-card payments processor seeks a greater presence outside the mainland.