"Big data" has been all the rage in the payments industry in recent years. While the hype seems to have subsided a bit, that might be because the most dedicated data-using merchants have put their heads down to focus on sifting through the data to investigate fraud.

With more patients paying part or all of their health care expenses directly, health care providers find themselves thrust into the world of consumer payments and collections, where providers face different costs, risks and expectations than they did working primarily with insurance companies.

Beacons—those little Bluetooth mechanisms stores use to beam ads to shoppers' phones—may someday play a critical role in payments. But the technology is still years away from being a practical alternative to cards and NFC-based mobile wallets.

Voice biometrics, fingerprint recognition, device ID and behavioral analytics are at long last becoming accurate and convenient enough for prime time.

ORLANDO — Core system conversion management company Next Step is celebrating 20 years of service to the credit union industry.

Rumors of an alliance between China's e-commerce powerhouse Alibaba and Cupertino, Calif.-based technology giant Apple are heating up again — and are coming from a very high-placed source.

Federal and state regulators said that mobile telephone carriers Verizon Wireless and Sprint have agreed to settle allegations that they bilked consumers out of millions by allowing third parties to "cram" unauthorized charges onto their customers' bills.

Voice biometrics, fingerprint recognition, device ID and behavioral analytics are at long last becoming accurate and convenient enough for prime time.

Digital money transfer service Xoom has partnered with Sacombank to expand remittance services in Vietnam.

Square Inc. says it has received more funding for its Square Capital program, which grants loans to Square merchants based on their transaction history.

MoneyGram has renewed its relationship with Minnesota's Bremer Bank to assist with its check services.

Last year, Fifth Third underwent some organizational surgery to unify its payments operations. Now, the company is prepared to test this new structure by addressing the intricate needs of the health care industry.

Card networks have built their legacy on transporting payments and consumer data, and over time the data itself has become far more complex.

For many industries, the introduction of open standards has been a key driver for innovation. The rapid evolution of the internet and online services offer a vivid example of the degree to which open standards can enable immense innovation and growth.

A new series of reports from analytics and consulting firm Accenture found that nearly 90% of the 450 financial firms surveyed plan on increasing their spending in risk management related to cybersecurity and fraud detection and prevention.

ST. LOUIS — Lutheran Federal Credit Union here recently began operations after years of planning, and the start-up CU is using Share One's core processing technology known as NewSolutions.

A group of small banks and credit unions could not persuade a judge to block the settlement Target and MasterCard reached last month that would reimburse banks on the card network $19 million for losses related to the retailer's breach.

A group of credit unions and small banks could not persuade a judge to block the settlement Target and MasterCard reached last month that would reimburse banks on the card network $19 million for losses related to the retailer’s breach.

Opening the door for banks to offer non-branded PIN debit cards and even mobile wallets, the Debit Network Alliance is developing its own application identifier for routing transactions from EMV-chip cards.

Latin America is becoming a must-have market for mobile payments, replete with fast growing m-commerce adoption and card network investment.