David Heun

Six major international banks have committed to preparations for and testing of Swift's new transaction management platform, a process designed to enable new services, improve efficiency and reduce costs for international payments.

Roxe says the distributed ledger technology that removes costly middlemen from international transactions can also lower expenses for currency conversions.

The Faster Identity Online Alliance has established its first user-experience guidelines and delivered new standards designed to more quickly move authentication processes past traditional username-and-password combinations.

The cloud-based software vendor has completed a $10 million funding round through BlackFin Capital Partners and Picus Capital.

The fintech, which is going public through a merger with a special-purpose acquisition company, has updated its logo and messaging to emphasize its capabilities in e-commerce and digital marketing. It's part of a trend of traditional payments such as TransferWise, Fattmerchant and even Mastercard repositioning themselves to win over investors.

The company's Drop-In Components allow developers to verify important data without extensive coding.

The data analytics provider has deployed cloud hosting to scour international payments for signs of fraud and money laundering.

A collaboration between BC Technology Group and Standard Chartered's SC Ventures wants to make cryptocurrency and related innovations more approachable through the development of a digital asset trading platform.

Apple will allow some iPhone users to scan their driver's license and protect it with the same security used for payment cards in Apple Pay.

Emory Healthcare of Atlanta is using RevSpring's platform, which allows patients to key in card data that is shielded from customer service representatives.