Technology

Apple Inc. was handed a European Union antitrust complaint over its app payment rules, drawing one of the world’s toughest competition enforcers into a global battle over fees for downloads on smartphones and tablets.

Citizens Bank and Barclays US are among the lenders expanding in this market — with or without fintechs on board.

Citizens Bank and Barclays US are among the lenders expanding in this market — with or without fintechs on board.

Incumbents have access to tons of information on consumers, but developing the means to analyze and act on it requires a strategic change, says Icon Solutions' Simon Wilson.

Payment services run by Apple, Google and Amazon may need monitoring as the tech giants’ largely unregulated financial products squeeze out those of banks, France’s competition authority warned.

People want their payments to be quicker, safer, and more readily available across a wider range of channels. How are industry leaders leveraging data to build stronger relationships with their clients?

The Federal Reserve's top supervisory official, Randal Quarles, says regulators need to get a stronger grasp of digital currencies in order to supervise them. His comments Thursday follow reports that several large banks have started offering clients the ability to invest in bitcoin funds.

The Los Angeles bank's service, offered in partnership with the fintech Extend, enables card controls and uses tokenized account numbers to improve security.

Social Finance is edging deeper into cryptocurrencies, allowing its customers to redeem rewards earned through the company’s app for bitcoin or Ethereum.

Security is a constantly changing game, with criminals adopting new strategies and the payment industry and other financial institutions deploying increasingly sophisticated techniques to stop them.