On April 26, Romanian law enforcement authorities reported the arrest of 25 suspects believed to be members of a sophisticated international gang of cybercriminals responsible for stealing more than $15 million from banks in Puerto Rico and Muscat, Oman.
NACHA, the electronic payments association, today issued a ballot to its members to vote on a revised rule change to implement same-day ACH transactions.
Discover today announced that its cardholders will be able to use Apple Pay starting this fall.
Rewards credit cards are growing in popularity and consumer value, according to new Ipsos polling data published in the latest issue of ABA’s The Credit Line newsletter.
ABA’s Center for Payments and Cybersecurity today debuted a new infographic explaining tokenization in an accessible way.
The May issue of ABA Bank Marketing and Sales magazine, now available online for subscribers, features a cover story with strategies for banks to position their credit and debit cards as a customer’s first choice in mobile wallets like Apple Pay.
Balances held in Google Wallet — the mobile payment service offered by the California tech giant — will now be protected by federal deposit insurance, according to press reports this week.
Will 90 percent of MasterCard-issuing financial institutions accept the network’s settlement with Target?
MasterCard and Target today announced a $19 million settlement of claims by MasterCard and its card issuers related to losses from Target’s 2013 data breach.