Investment

MyCUID, an identity-verification tool launched in early 2018, has a new identity of its own.

Inertia or resistance to change have kept small businesses from making the move to more modern systems, says Clover's Mark Schulze.

Stock markets have endured dramatic swings since the coronavirus erupted in China and talks of pandemics surfaced. But the notoriously volatile bitcoin market has been steadily climbing as investors see value in crypto's ability to thrive as traditional financial rails are under pressure.

Newcomers Nymbus, Neocova, Finxact and Technisys and older competitors like Temenos, Infosys and Oracle are winning over community and regional banks by offering what some bankers describe as more flexible technology at fairer prices.

CurioInvest, an investment platform, and MERJ Exchange Ltd., a Seychelles-based digital asset exchange, are partnering to offer tokens backed by collectible cars. The companies say tokenizing the luxury assets as an investment could make them widely accessible to a bigger pool of people.

In another rollback of the bank trading ban, the federal agencies unveiled a plan to allow financial institutions to invest in multiple companies through certain fund structures.

Outages or disruptions of GPS signals — sometimes malicious, sometimes not — could quickly knock out computers, ATMs and card networks.

There is another phase of development for digital currency, waiting to take the spotlight — and it may not be driven by banks.

Visa, along with Google Ventures, invested in an $80 million Series E fundraising round in cross-border B2B payments provider Currencycloud.

The payments industry is a hotbed of innovation, and many of its larger players are eager to claim patents on new developments.