People are still using pedestrian passwords that are easy to break, security company Trustwave has found.

FREDERICK, Md. — Although software as a service is a common phrase due to wide market adoption rates, technology as a service is another idiom that is catching on for similar reasons.

TAMPA, Fla. — Grow Financial Federal Credit Union wanted a technology tool that captures results and interest so it invested in teller capture solutions.

AUBURN HILLS, Mich. — When credit union members need answers to questions these days, they want them easily and fast.

SmartMetric Inc., a maker of biometric smart cards, failed in its appeal of a court decision saying Visa Inc. and MasterCard Inc. don't infringe a patent for credit and debit cards containing chips.

PLYMOUTH, Minn. — For many credit unions, selecting a new core provider is a cumbersome, tedious process that takes months and sometimes more than a year.

Supervalu Inc. said customers' payment-card details may have been stolen as the U.S. grocery chain with more than 3,300 stores became the latest to fall victim to hackers.

For some time now, I’ve been using the mobile alerting capabilities offered by my bank and card issuers. The reassurance from knowing that I’ll be notified via text message of typical and not-so-typical transactions puts my mind at ease and gives me a sense of playing a part in the fraud prevention game.

Companies like PayPal and Square reward hackers with "bug bounties" for finding and reporting vulnerabilities before they can be exploited by fraudsters, and their welcoming attitude toward the hacking community is paying off.

The launch of Visa Checkout has attracted more interest from consumers than the launch of its earlier incarnation, V.me, according to PNC Bank.

Pockio, a U.K.-based company that re-sells gift cards for cryptocurrency, has expanded the number of brands it offers from 30 to 160 in only a couple of months.

As consumers warm to the idea of using their phones to make payments and manage accounts, they are flocking to merchant apps to do so. Instead of using one unified wallet, a shopper's phone may be stuffed with any of these payment-capable programs.

NEW YORK — The U.S. payments system's march toward EMV is gaining steam, according to the Payments Security Task Force.

Simon Xie, an Alibaba Group Holding Ltd. co-founder and second-biggest shareholder of its finance affiliate that owns Alipay, may become a billionaire as the estimate for the value of the electronic-payment company rose.

When Fair Isaac Co. announced a new credit scoring model last week, it earned significant media attention and won praise for helping consumers marred by medical debt to boost their scores.

Even if it pushes the bank past the October 2015 deadline for EMV-chip card adoption, BMO plans to stick with its magnetic-stripe cards until each one reaches its natural expiration date.

Between record low net interest margins on credit card portfolios, continued downward pressure on debit card interchange rates, industrial-grade fraudsters, and anemic consumer spending, the ability for banks to profit from their payments businesses has never been more challenging.

Payment technology company ACI Worldwide has completed its $205 million purchase of the security vendor Retail Decisions Plc (ReD).

The share of mortgage applications for refinance loans has hovered above 50% since the first week in May, but that doesn't mean the mortgage industry is in the midst of another refinance boom, or even a boomlet.

Square, which has been scrambling to add fee-based services to pad the revenue it gets from mobile payments, faces a formidable new challenge in Amazon's launch of a rival mobile card reader.