A senior official at the European Central Bank warned that banks embracing external data storage and other digital technology need to face the reality that those systems are inviting targets for hackers.

Issuers like Chase and Citi that added installment features to compete with digital lenders will need to think beyond traditional card options.

Agencies like Fincen and Finra that use machine learning must pay close attention to potential bias in supervisory algorithms, especially with data on women and minorities.

Employees saw the bank’s cybersecurity unit's shortcomings; the state seeking records related to hidden profits from the family's opioid business.

Credit unions have until midnight tonight to submit nominations for this free recognition program.

U.S. firms have been reliant on data aggregators like credit bureaus and other data companies to provide identity verification services, says Entersekt's Jennifer Singh.

As the movement to adopt PCI-validated point-to-point encryption as a way to deter POS malware attacks spreads, Bluefin has patented a new process to identify compromised payment devices.

The bank is moving a large analytics program and a massive amount of data into Google's public cloud, which its tech chief says is more efficient, secure and better able to handle spikes in demand.

Square's working to boost its appeal to third-party developers, especially as a growing number of competitors and broader economic challenges loom on the horizon.

The Electronic Transactions Association has named Jodie L. Kelley as its new CEO to replace Jason Oxman, who left in January.

The former Amazon employee got info from 30 other entities, prosecutors say; another bad day for bank stocks, with 3% losses typical.

Payment companies have made substantial investments into new identity rules in Europe, but the deadline has become a moving target with different agencies offering conflicting or unclear guidance.

The LendingClubs and SoFis of the world have a big head start, but HSBC's U.S. unit says its partnership with the fintech Avant will help it close the gap in online personal loans.

The Massachusetts Democrat is questioning a claim by the agency about the amount of redress available to those affected by the credit bureau's 2017 data breach.

Regulatory sandboxes can create a lot of opportunity for the winners but inadvertently put losers at a competitive disadvantage.

Checkout-free technology is very limited in availability and very much a work in progress, but developers and investors are relying on its promise to accelerate payments' broader evolution from streamlining execution to determining intent.

Fintechs can help integrate payments into banking systems while solving the compliance problem, says Joel Sherwin of Weinberg Gonser LLP.

Changing consumer attitudes about these companies and the emergence of open banking have made them appealing to venture investors, whose commitments rose 15% in the first half of the year.

Keeping up with changing technology can be difficult but institutions are making investments in ITMs, new lending platforms and more.