Investment

The fleet card provider WEX isn't sure how blockchain can help its business, but it's confident enough in the technology's promise to move forward.

Fraudsters are licking their chops at the thought of infiltrating person-to-person payment systems and enabling a never-ending flow of small-value transactions — with the potential to strike bigger accounts.

Fraudsters are licking their chops at the thought of infiltrating person-to-person payment systems and enabling a never-ending flow of small-value transactions — with the potential to strike bigger accounts.

A pair of technology entrepreneurs hopes the flexibility provided by mobile technology and open development tools can finally kill off the stale authentication method.

Banks are becoming more comfortable with robotic process automation and could use it overhaul everything from the payroll functions to advising customers.

Lloyds Banking Group was hit by a cyber attack that disrupted online services for customers two weeks ago, a person with knowledge of the matter said.

Dwolla is pitching its faster payments system to the Federal Reserve Bank as it contemplates the facets of a future system in the U.S.

Bank consortium R3 CEV, one of the most well-funded blockchain working groups, has endured criticism for its meticulous process. But if blockchains are most valuable with a network effect, maybe forgoing some agility is worth the long while.

The parent of Alipay is also investigating uses for biometrics and artificial intelligence.

Payment companies and other financial institutions were victimized less than health care, educational institutions and government agencies.