Investment

Tim Pawlenty, the head of the Financial Services Roundtable and former Minneosta governor, sent a letter Monday to President-elect Donald Trump requesting that he take steps to harmonize government cybersecurity requirements.

When the financial services industry started paying attention to blockchain technology, many companies, seemingly as a reflex, sought patent protection for their ideas.

As long as there has been mobile commerce, there have been calls for different stakeholders to share competitive turf in the name of universal acceptance.

Tim Pawlenty, the head of the Financial Services Roundtable and former Minneosta governor, sent a letter Monday to President-elect Donald Trump requesting that he take steps to harmonize government cybersecurity requirements.

As retailers, banks and technology companies continue to suffer data breaches, issuers and merchants need to take extra care when selecting payment vendors.

Facing security challenges at its member banks and competition from other tech providers, the Society for Worldwide Interbank Financial Telecommunication [Swift] plans to put its best foot forward in 2017.

Sudden jolts in the currency market may be becoming more frequent, with at least three flash crashes over the course of 14 months. But there is some hope in finding out their causes more quickly.

Online shoppers can expect fraudsters to be at the height of their creativity during the 2016 holiday season.

By making tokenization available on each other's digital wallets, Visa and Mastercard are addressing the security concerns of merchants who are happy to accept both brands but nervous about how their wallets can be misused.

In response to a series of cyber bank thefts, Swift has developed new guidance. It's a necessary first step, though banks for now are still left to fend for themselves.