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Insurers operate in an increasingly complex world of disparate state regulations, evolving customer preferences, heightened competition and continually expanding, multifaceted data.

Insurance has had limited exposure to such disrupters, but the list of tech startups finding a foothold in the industry is growing longer.

Insurance has had limited exposure to such disrupters, but the list of tech startups finding a foothold in the industry is growing longer.

On Oct. 1 of last year, the liability for counterfeit credit cards moved from the card issuers to merchants.

In court filing, retailer's lawyers acknowledge "tentative" agreement with MasterCard.

Group of banks suing retailer cry foul over deal between retailer and MasterCard.

Target agreed to pay more than $39 million to banks and credit unions for losses from a 2013 holiday-season data breach that led to the exposure of as many as 40 million payment cards.

The allegations illustrate the challenge facing banks and credit-card processors already under heightened pressure to detect suspicious transactions and thwart money laundering.