Fresh Today

Fresh Today

PURCHASE, N.Y.—MasterCard said it will invest more than $20 million in cybersecurity-related technology enhancements and will also be piloting a biometrics security program with First Technology FCU.

PALO ALTO, Calif.—During the White House Cybersecurity Summit here Visa CEO Charlie Scharf announced a major new initiative around “tokenization” of credit card numbers for online transactions.

WASHINGTON—A group of trade associations that includes CUNA and NAFCU have told Congress that claims by two trade groups for retailers are an attempt to “shift blame” when it comes to data breaches.

ALBUQUERQUE, N.M.—New Mexico Educators FCU’s new name—Nusenda—hasn’t exactly been embraced by the community and the membership, according to one local news report. KRQE News 13 spoke with local residents, and here is what some are saying about the $1.5-billion CU’s new name, which is a made-up word.

SEATTLE—MAP Prepaid has launched its “MAP App” for smartphones, which lets cardholders manage their Visa Prepaid card account directly from an iOS or Android mobile device.

AMSTERDAM—More than 1,500 data breaches led to more than one-billion data records being compromised worldwide during 2014, including a shift toward identity theft, according to a new report.

SIOUX CITY, S.D.—Two California residents have been arrested here after being caught attempting to defraud at least three local credit unions, according to authorities.