Technology

China's declaration on Wednesday that its payments market is now open to foreign companies gives Chinese payments processors an opportunity to grow globally — but it's made similar moves before, with little effect.

The breach at Expedia's Orbitz not only jeopardized nearly 880,000 payment cards — it cast a spotlight on the weaknesses all companies expose themselves to when they partner with another brand.

Employees at the second-largest Indian bank falsified documents in a scheme that ultimately cost the institution at least $2 billion. Some argue a distributed ledger would have helped prevent or minimize the fraud.

The CUSO hopes to create an industry-leading data platform that helps credit unions compete with fintechs and banks.

Visa has appointed Marcello Baricordi as general manager for Middle East and North Africa, replacing Ihab Ayoub, who has left the company for personal reasons.

Confusion over whether certain digital currency transactions are considered securities is shutting many U.S. investors out of initial coin offerings and spurring illegal behavior.

Doug Nielsen from U.S. Bank joins Brett King to talk about SXSW 2018; Jim Marous weighs in on Amazon's plans for a checking account.

GOP senators push House colleagues not to change Dodd-Frank rollback bill; agencies respond to consumer complaints about debt collectors.

Fifth Third and First Republic are among the investors in the company’s $50 million equity round.

Payment data can also reveal insights for companies to foster better relationships with customers and vendors or suppliers, writes Matt Clark, president and COO of Corcentric.