Investment

Remitly has raised $85 million in its latest fundraising round, valuing the company at $1.5 billion as the COVID-19 pandemic drives consumers to increasingly send remittances digitally.

The global card issuer will provide its tokenization technology for JPMorgan Chase's virtual card program in early 2021.

Over the weekend, hackers broke in through a third-party vendor to steal names, email addresses and other personally identifiable information.

The Federal Financial Institutions Examination Council is best suited to craft uniform policies to protect consumer data. A patchwork of state rules is cumbersome.

The IBM-BNP collaboration and other new developments show that high-profile breaches haven't deterred banks from using the cloud to store data.

The biggest takeaway from this hack should be large digital media companies reworking their admin controls

Business models and adaptability will determine the success — or failure — of financial technology companies as they deal with fallout from the coronavirus outbreak.

The Federal Financial Institutions Examination Council is best suited to craft uniform policies to protect consumer data. A patchwork of state rules is cumbersome.

What made the attack on famous Twitter accounts so problematic wasn’t the high profile of its victims, but the non-technical and repeatable method the assailants used.

Video banking can be safe and effective but members and staff need to be reminded of common-sense precautions to guard against cybercriminals.