Investment

Both PayPal and Citigroup are taking a bigger role in the market for cross-border payments, a strategy that led both companies to participate in a $50 million round in PPRO Group, a U.K.-based cross border e-payment company.

With Walmart reportedly weighing bids from Capital One alongside incumbent Synchrony Financial to handle its private-label credit card account, Synchrony's use of data and artificial intelligence are more important than ever.

The regulatory relief law passed this spring contained a measure to stop synthetic fraud, but the provision is incomplete.

Overreliance on the smartphone risks mistaking device authentication for user authentication.

Citigroup is using tracking and transparency to push back against rivals that paint traditional bank-powered international payments as a costly, time-consuming relic.

The Bank Policy Institute was formed following the merger of The Clearing House Association and the Financial Services Roundtable.

Rather than ban screen scraping, financial institutions should improve secure account connectivity so that consumers can share data with the apps they want to use.

If fintechs can prove effective at overcoming fraud challenges as they scale their customer base, they’ll be able to better capitalize on their unique position of operating independent of legacy platforms as they create a more financially connected consumer experience, writes Dave Excell, founder and CTO of Featurespace.

Executives at the recent In|Vest conference discussed ways to make banks more competitive in the world of financial advice.

For years, bitcoin believers have tried to distance the digital coin from the perception that it's only used for criminal activity. New insights into Russian meddling in the U.S. election aren't helping.