Recent studies show financial services companies increasingly use cloud services. But behind the numbers, there are a range of attitudes toward cloud computing, from warm embrace to full-on paranoia.

ALEXANDRIA, Va. — NCUA's Office of the Inspector General has given the regulator a pass on its handling of the data breach last fall caused by examiner error.

The retail services market is flooded with Web-based developer tools that allow small businesses with little tech expertise to develop payment capabilities. But to companies like vCita, these toolkits are still too hard to use.

Transfast has upped its game in Kenya, offering instant deposits to three banks in the country and connecting its service with M-Pesa mobile money accounts, a poster child for mobile payment success.

Merchants are far from helpless bystanders as Apple and banks sort out who is responsible for stopping fraudulent cards from being enrolled in the Apple Pay mobile wallet.

Apple Pay, which pre-rollout was praised for its security features, was in the center of a storm this week when some called the security of Apple's mobile wallet into question, claiming that 6% of transactions are fraudulent.

Mobile malware has become easier for criminals to deploy, circumventing all antivirus and firewall solutions, as these viruses are delivered in the form of trusted applications we all install and can lead to m-commerce vulnerabilities.

Mobile technology has enabled financial services in a number of African countries, and MasterCard is working to expand this model by tying it directly to a national identity program in Egypt.

A stolen company laptop has left customers of Pioneer Savings Bank vulnerable, according to a consumer alert from the New York State Department of Financial Services.

The age of the interactive card may have finally arrived, ushered in by the U.S. shift to the EMV standard.

Despite a series of large-scale data breaches over the past two years, identity theft fell for the second consecutive year in a row in the U.S., according to a new study released this week.

Japanese mobile app provider Line Corp. will use CyberSource's e-commerce payment services to expand the Line Pay mobile payment service by supporting more payment options.

As a bank customer, I am trained to avoid fees at all costs. I diligently maintain a minimum balance in my accounts, pay my credit card bills weeks ahead of time and plan my day around getting to a bank-owned ATM to avoid surcharges.

Mobile network operators have faced setbacks in mobile payments, but some experts insist they still have a place in the market. Others are not so sure.

PayPal will be an attractive payments partner and is open to new alliances after completing its spinoff from parent eBay Inc., PayPal's incoming chief executive Dan Schulman told investors.

A consumer lender with nearly 300 far-flung offices struggled to keep up with multiple compliance projects using email and Microsoft Project. Then it turned to collaboration software, and demanded some customized changes, that helped tie its many loose threads together.

Fiserv has launched four new products to combat financial crimes relating to payment transactions, checks, customer fraud, and money laundering.

Francisco Gonzalez, who has been warning for almost a decade of the technological transformation set to engulf the financial industry, said at the Mobile World Congress in Barcelona March 4 that his bank would define itself as a software company.

Despite a series of large-scale data breaches over the past two years, identity theft fell for the second consecutive year in a row in the U.S., according to a new study released Tuesday.

Citigroup Inc. reached a deal to issue most of its global consumer credit and debit cards on MasterCard Inc.'s network.