Investment

It also plans to deploy the startup’s technology that analyzes data and offers predictive advice.

A recently announced partnership with Nasdaq is one of multiple investments Citi has made in ventures related to distributed ledger technology, its chief financial officer said Tuesday.

The Florida Bankers Association recently canceled a fintech conference due to a lack of interest. Such aversion could prove costly for bankers in the future.

While banks are in various stages of development when it comes to distributed ledger technology, the industry is further along than many would assume, big-bank technology executives say.

Currency fluctuations and government policies in countries such as Venezuela are boosting the virtual currency market and putting traditional players on notice, writes Sergey Ponomarev, CEO of SONM.

The world needs faster and cheaper international payments, but more than that it needs censorship-resistant ways to transact.

A year after announcing plans to collaborate with U.K.-based Featurespace to develop fraud-fighting tools with artificial intelligence and machine learning, Total System Services (TSYS) has rolled out a new offering that aims to predict new and unknown fraud types, while cutting back on “false positive" fraud warnings.

Federal law established oversight of banks’ security measures, but the lack of similar requirements for retailers creates a blind spot in defending against hacks.

At the Michigan Credit Union League’s annual conference, PayPal CEO Dan Schulman offered an overview of cyberthreats while praising the movement – an industry he considers a partner, rather than a competitor.

To teach artificial intelligence to responsibly execute human goals, there’s a need to build bridges between human thought and language computers can understand, Stephen Wolfram, founder and CEO of Wolfram Research, explains.