Investment

The company built a patch within 24 hours of being alerted to a vulnerability in messaging software used by many banks. Fiserv is looking into how this happened while addressing speculation about whether consumer data is still threatened.

New Merchant Advisory Group chief John Drechny will push open standards for payments acceptance and security technology that doesn't impact customer experience.

Young consumers do not trust centralized authorities, making the distributed ledger attractive, according to Donika Kraeva, strategic communications manager for Dentacoin.

Former Goldman employee and an NFL player charged in insider trading scheme; Sewing says the bank’s “global ambitions are not up for debate.”

The two companies were part of an $8 million funding round for Paystack, a company with a model similar to Square.

Very few organizations have adopted blockchain technology for any meaningful day-to-day use. But a change could be afoot.

Digital ID platform developers are competing to sign up partners to deploy their technologies to replace vulnerable usernames and passwords with a single sign-in. The challenge is to sign up a sufficient volume of partners to make these platforms attractive for consumers and businesses.

Canada’s credit unions have been losing out to the country’s banks in terms of business banking market share, and have struggled to keep up with the banks’ capacity for technological innovation. Central 1 wants to redress this imbalance in the credit unions’ ability to compete with the banks.

Michael Terpin explains how hackers stole $24 million worth of cryptocurrency from his mobile phone and why he’s suing AT&T for $224 million; Luke Lombe of PlayChip describes his new ICO.

A recent editing snafu illustrates an important lesson for credit unions using AI and machine learning.