Technology

The anxiety that a crook is using a lost or stolen card can be a powerful lure to mobile technology, Citigroup has learned.

The idea that all of the money in cryptocurrencies has already been made misses the point. Innovative and sustainable ideas will emerge from the market frenzy, writes Dentacoin's Mariam Nishanian.

As mobile commerce matures, consumers are getting more accustomed to the process of populating a shopping cart from a smartphone's screen. It's a process that could translate well to brick-and-mortar stores.

As senators weigh anti-money-laundering reforms, they reiterated their desire to include cryptocurrencies as part of legislative discussions.

Providing the default card in digital subscription services is one way banks can win back bill-pay business, save customers time and help them manage their data.

Ingenico Group has agreed to acquire Paymark, a leading payments processor in New Zealand, for about US$140 million.

Ride-hailing and mobile payments company Grab has acquired iKaaz, a Bangalore, India-based payments technology startup, to power its growth in the Southeast Asia region.

The move comes at a time when banks are becoming more aggressive in acquiring or investing in financial technology companies.

The central bank is beginning to consider the possibility of a “digital dollar,” which will foster more efficient and transparent payments.

Write-down clears the decks for better times ahead; the agency’s acting head is looking to revamp strict rule that went into effect on Tuesday.