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In ancient mythology, Chinese unicorns are lucky, rare creatures that appear to mark the arrival or death of a great leader, like Confucius. Today, China's tech unicorns -- private companies valued at $1 billion or more -- are far more commonplace and look increasingly cursed.

Temasek Holdings Pte pared its investment in Alibaba Group Holding Ltd. in the third quarter, as shares of China’s biggest online retailer rallied, while emerging as a shareholder of software maker Dell Technologies Inc.

Google last month quietly bought Undecidable Labs, a startup founded by a former Apple Inc. director that focused on turning online searches into purchases, according to a person familiar with the deal.

Digital payments security provider V-Key will protect the cloud-based payments network of Ant Financial Services Group (Alipay) with its virtual secure element software.

Samsung Pay has launched a rewards program for U.S. consumers that allows them to earn points on both credit and debit card purchases — and has an emphasis on encouraging repeated use.

Consumers visiting sites using WP Engine’s checkout technology will use Chrome to obtain payment and shipping details with a few taps.

Any company that uses point of sale systems or technology is at risk.

The Federal Trade Commission filed a lawsuit against NetSpend on Thursday, alleging that the prepaid card issuer deceived consumers in its advertising.

PayPal has added support for Apple Inc.’s Siri voice-command feature for person-to-person payments, following Apple's decision to open Siri to third-party developers.

Platforms designed for face-to-face or paper transactions may not be the best enabler of payments through connected devices, but a system born out of the digital payments world could fare better.

Chinese internet companies face a new reality after Donald Trump’s surprise victory as U.S. president-elect — and Alibaba Group Holding Ltd. has the most to lose.

The Consumer Financial Protection Bureau faces an uncertain and precarious future under President-elect Donald Trump, who some say might seek to oust Director Richard Cordray and boost legislation to significantly weaken the agency.

Lots of banks offer P-to-P and bill pay, but Fiserv's research suggests institutions can make improvements in making consumers aware.

Small merchants need to adopt omnichannel, but it can be difficult in a low resource environment. Staying flexible to add technology fast is key.

Consumers may wholeheartedly trust the biometric security built into their smartphones, but banks could be doing more to protect them.

Samsung Electronics has entered a commercial software license and distribution agreement with fingerprint software company Precise Biometrics.

More than two years after Apple Pay made its debut, less than 20% of U.S. shoppers are routinely using their smartphones for mobile payments — but millennials are bucking that trend a bit.

The long-term promise of mobile wallets has been that plastic cards could disappear, even from the point of issuance.

The rules can be tricky, but social data can add lots of detail that can help prove identity and reduce fraud.

Citibank has launched Touch ID sensor authentication for its iOS mobile banking users in Hong Kong.