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A lack of standardization increases costs and complexity at each bank, opens the door to insecure solutions and hinders adoption by software developers that only have bandwidth to write to one or two open APIs, according to Steve Kirsch, CEO and founder of Token.

There are serious consequences for firms that do not embrace the latest tech tools, says Kelli Keough, the global head of digital wealth management for JPMorgan Chase.

Restaurant point of sale and back-office management provider Toast has received $115 million in Series D funding that the company plans use to develop technology and expand its market.

The private-equity firm, one of Deutsche Bank's largest shareholders, will advise the German bank in a paid role; some local lawmakers want to force merchants to take cash for payment.

The information you need to start your day, from PaymentsSource and around the Web. Today: Cross-border payments attract investors; Court orders a stop to pirate site payments; Stablecoins pick up speed; Western Union's footprint expands in Africa.

Brett King queries science fiction writers Kevin J. Anderson and Harry “Doc” Kloor about the practical future for emerging technologies like avatars and voice recognition.

The consortium's Corda Enterprise is designed to let blockchain applications exist behind a company’s firewall but still interact with outside partners.

Once regarded as a safer option for consumers, BOPIS (buy online and pick up in store) has now joined the ranks of targets that cybercriminals are learning to exploit. It comes down to correctly identifying the shopper, writes Ryan Wilk, vice president of customer success at NuData Security.

A Fannie Mae test to handle the private mortgage insurance process for lenders may raise concerns that it's going outside the scope of its secondary market mission. But the effort reflects its mandate to explore new credit-risk transfer alternatives, a company executive said.

Companies of all sizes have attempted to serve kids and teens with prepaid cards or digital wallets with parental controls, but there are very few success stories. GoSave's twist is that it doesn't make a card or an app the focus of its experience.