Lenda, a new mortgage company backed by Silicon Valley investors, wants to supplant the traditional loan officer with consumer self-service technology.

The earliest implementations of the 3D Secure e-commerce system amounted to a password for consumers' payment cards and a link between consumer and card issuer — an idea that is growing stale in a world where consumers are able to authenticate payments with more sophisticated tech.

PayPal's mobile payments application can now be accessed by BlackBerry users in the United States, United Kingdom and Australia, with plans for more markets later on.

Skrill, an e-commerce provider based in New York, plans to offer its digital wallet as a payment option in Second Life, the once-popular virtual world game that was released in 2003.

Wirecard, a digital payments company based in Germany, has partnered with Five by Five, a software provider in Croatia, to provide mobile point of sale technology to small businesses.

A Helsinki, Finland-based startup is hoping to knock down one of the barriers to credit-card acceptance in developing countries: a lack of reliable Internet access.

Biometric security has become a hot topic in the payments industry with many experts lauding its convenience and effectiveness. But there's no consensus on whether to store biometric data locally or in the cloud.

After National Credit Union Administration Chairman Debbie Matz revealed the agency is mulling new encryption standards, a trade association says the regulator should focus on its own steps to "better protect" member "data in its care."

After National Credit Union Administration Chairman Debbie Matz revealed the agency is mulling new encryption standards, a trade association says the regulator should focus on its own steps to "better protect" member "data in its care."

Apple's reputation as a negotiator is rather simple—it doesn't negotiate. But Strategic Resource Management, a negotiation company with 200 clients in financial services, contends issuers and merchants have a chance to win more favorable terms with Apple.

The leak of client records at Morgan Stanley illustrates the danger posed when just one employee has unauthorized or unsecured access to sensitive information, as well as the ongoing threat to financial institutions from insider theft.

Like a coach turning to an old playbook, fraudsters have resurrected an e-mail spam method to attempt to steal personal and card data from bank customers in the U.K.

Financial messaging service provider Swift has made good on a 2010 commitment to reduce fees and will issue more than 30 million euros (U.S. $35.8 million) in rebates to service users worldwide.

High-tech cards have struggled to gain traction as a distinct, offline — and often expensive — consumer gadget for storing and protecting multiple payment accounts. But the pervasiveness of Internet access points and Internet-connected devices could give some of these gadgets fresh appeal.

EBay Inc. named Bonnie Hammer, chairman of NBCUniversal Cable Entertainment, to its board as the 10th independent director, bringing in an executive with a background in consumer and social-media content.

It is hard to believe that more than a year has gone by since Target disclosed a massive data breach — and harder still to accept that consumers face a new holiday shopping season without the benefit of national standards on data security and breach notification safeguards for retailers.

Gliph is combining its secure messaging app with its Bitcoin payment capabilities to form an online and mobile app, called Gliph Marketplace, to compete with Craigslist.

The crowdfunding site Kickstarter has adopted payment service Stripe for all of its transactions, replacing Amazon Payments.

NORTH CANTON, Ohio — Diebold has introduced antimicrobial touchscreens to its automated teller machines.

Xoom, a digital payments company based in San Francisco, disclosed that its systems were exploited for $30.8 million in fraudulent transfers to overseas accounts.