Google Inc.’s purchase of prepaid card processor TxVia illustrates the search engine operator’s commitment to shore up its digital wallet's risk-management capabilities, particularly in light of some recent snafus.

With e-commerce fraud showing no signs of slowing and a strong possibility of increasing, acquirers and their merchants could use all the detection help they can get.

A division of Jack Henry & Associates is partnering with ACH Alert to offer new products to mitigate losses from automated clearinghouse and wire fraud.

Creative newcomers offering bill-payment services, such as Pageonce, Mint, Bill.com, Billeo, Doxo, Manilla, Volly and Zumbox, are gaining traction while many banks are missing out on the service’s strong retention potential, suggests a new report released April 3.

Consumers, it appears, are not getting sufficient support in helping them conduct mobile banking and payments.

Many Internet users in South Korea haven’t increased the protection of their private information even though many have borne the brunt of hacking and voice-phishing scams over the past few years, a new report suggests.

Google Inc. has acquired prepaid card processor TxVia, the companies announced April 2.

Consumers still have faith in payment cards, but Global Payments Inc.'s massive data breach will make life tougher for issuers trying to reassure audiences that all is well.

Nongovernment holders of delinquent mortgages are offering more payment plans with debt forgiveness as Fannie Mae and Freddie Mac resist, according to the U.S. Office of the Comptroller of the Currency.

American Express Co. has hired a new technology executive for the team that handles its digital wallet, Serve, the card company announced April 2.

Heartland Payment Systems Inc. is launching three smartphone applications for college campus cards, the Princeton, N.J.-based merchant processor announced April 2.

The Global Payments Inc. breach and others like it suggest banks should rethink how they protect card data.

A chip-and-signature route to U.S. EMV adoption certainly would be less painful for banks and merchants than would the chip-and-PIN approach used most everywhere else, but taking the easy way out carries risk.

New Zealand telecommunication companies plan to mirror a mobile-payment partnership model used in the United States as they prepare to make Near Field Communication a key technology throughout the country.

Big election seasons are sometimes accompanied by fast tech maturation, whether it’s social media or the Web itself. The need to accumulate votes quickly, bring like-minded citizens together, and raise money is a natural fit for field testing and adopting new tools.

Global Payments' response to the data breach disclosed last week, as well as the card networks' response, followed a familiar script.

Bank of India Ltd. has signed an agreement to use TimesofMoney’s remittance services to support funds transfers from the United Kingdom, the Chennai-based bank announced March 29.

With electronic channel "convergence" on the horizon, credit unions should now pay attention to delivering information and banking services over tablet devices.

WASHINGTON – Lawmakers are calling for immediate action to pass long-stalled data-security legislation in the face of last week’s news of a massive data breach at cards processor Global Payments Inc. (see story).

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