Eager to ply consumer data analytics as a carrot for issuers, MasterCard Advisors on Thursday announced a development partnership with data analytics company Mu Sigma, in which MasterCard purchased an equity stake.

Loss mitigation strategies for the payments business are getting a technology makeover that includes the same kind of emerging analysis used to attract consumers in the first place.

U.S. Rep. Jackie Speier, D-San Francisco, Wednesday asked Equifax Inc. to prove that a subsidiary is not violating consumer privacy laws.

MONETT, Mo. – Jack Henry & Associates announced this morning that the iPhone and Android versions of its goDough mobile banking are now capable of providing remote deposit capture.

This week's big bust of a credit card theft ring emphasizes the difficulty issuers face in locating fraudsters and the limitations of technology that can go only so far in mitigating the threat.

Many companies are idling while the U.S. considers its options for handling the migration to chip cards from magnetic-stripe cards. Even a company based in the UK finds itself stuck.

SAN FRANCISCO – San Francisco Police CU has selected Vertifi Software LLC’s DeposZip Mobile to provide remote deposit capture service to its members.

Visa's quarterly earnings increased by 26% from a year earlier, and its financial outlook for 2013 has also brightened, the company said Feb. 6.

A new partnership between Western Union Co. and Carrefour Group will provide money transfer and bill pay services at the big-box retailer's stores in Argentina, the companies announced Wednesday. In addition, Western Union extended its existing relationship to provide money transfer services at Walmart Canada locations.

The EMV smartcard standard is so commonly combined with a PIN code that most consumers know it simply as "chip-and-PIN." But Visa and MasterCard don't agree on whether PIN use should be a priority when the U.S. adopts the EMV standard.

BlueKite, a Miami-based payments technology provider, announced that it has purchased the bill-payment technology provider RedCycle Networks.

A crime ring based in New Jersey created thousands of fake identities to obtain 25,000 credit cards and steal more than $200 million in one of the largest scams of its type, the Justice Department said.

There were fewer U.S. companies and individuals seeking bankruptcy protection in January compared with a year ago, according to a new report.

A crime ring based in New Jersey created thousands of fake identities to obtain 25,000 credit cards and steal more than $200 million in one of the largest scams of its type, the Justice Department said.

As many as 65% of the consumers testing the Isis Mobile Wallet are revisiting merchants often or taking advantage of mobile offers, an Isis executive says.

A café chain in northern New England is telling its customers that hackers may have breached the company’s payments system. The Works Bakery Café is a small target but its experience is indicative of a bigger trend in data security.

The Europay, MasterCard and Visa (EMV) and Single Euro Payments Area (SEPA) standards don't appear to have a lot in common, but there is one alarming similarity — the tortoise-like pace of migration which threatens deadlines for both.

FORT WAYNE, Ind. – 3Rivers FCU has signed with Hyland Software to implement the company’s OnBase enterprise content management solution.

RAPID CITY, S.D. – Black Hills FCU is the first credit union to use the newly announced integration of Integrated Media Management’s Teller Item Capture TIC 2.0 with Fiserv’s Source Capture Solutions technology.

While Facebook is moving to phase out its Facebook Credits, Amazon.com Inc. announced the launch of Amazon Coins, a very similar virtual currency for spending on its Kindle Fire tablet.