Merchant

A state-backed bank would not be financially feasible because capital requirements would be too high and it likely wouldn’t return profits to the state for at least 30 years, consultants concluded.

The branch closures will reduce overhead by an estimated $1.9 million a year.

The 2019 outlook for China’s cross-border e-commerce sector remains positive due to strong consumer demand, favorable regulations and tech-savvy shoppers’ interest in convenient mobile pay options, writes Franklin Chu, managing director for Azoya USA.

Nearly all new payments technologies strive to become as ubiquitous — and as secure — as possible. It's a goal that is harder than ever to achieve.

Even the best technologies take time, making it necessary to rein in expectations about what will happen and won't happen in the coming year.

LifeLock co-founder Robert Maynard is behind a startup called SurchX, which hopes to capitalize on the confusion around swipe fees with technology that generates a surcharge amount customized for each transaction.

Even if used to decorate your home with ideas before you purchase anything, the technology will completely change your perspective on reality-altering technology, writes Michael Volkmann, an entrepreneur who focuses on business operations and finance.

India has tightened rules regarding how foreign e-commerce platforms are allowed to sell goods in one of the fastest growing online markets, a potential blow to companies like Amazon.com Inc. and Walmart Inc.’s Flipkart.

Financial institutions would be wise to use the end of 2018 as an opportunity to ensure their cyber defenses are beefed up for new threats next year.

Despite what we assume are dedicated efforts to protect customer’s personal information, hackers are finding the loopholes in businesses’ process and technology data protection life cycle. It happened with Target in 2013, the Home Depot in 2014, and many others since, writes Todd Feinman, co-founder and chief product officer of Spirion.