Technology

Bitcoin plunged by as much as a fifth on Friday before regaining its footing amid one of the biggest tests yet for the frenzy surrounding digital currencies.

The famed investment bank is set to become the first major Wall Street bank to make markets in digital currencies such as bitcoin.

Banks' online advice platforms are just the face of a deeper effort to restructure client data and adapt to a digital era.

Seven trade associations — including those representing banks and credit unions — sent a joint letter to Congress outlining data security standards for entities that handle financial data.

Discover Financial Services’ DFS Services has formed a strategic alliance with National Payments Corp. of Vietnam (NAPAS), the nation’s domestic payment network, for reciprocal card acceptance.

Investors in bitcoin and other virtual currencies would lose a lucrative tax break under the Republican tax bill.

Thousands of rank-and-file merchants are gaining access to validated point-to-point encryption (P2PE) for protection from malware within payment terminals, an attack vector that other popular security technologies might miss.

Bitcoin, the “gateway currency,” is but one application in an enormous pool of possibilities that blockchain technology presents, writes Alexander Koles, CEO and founder of Evolve Capital Partners.

Wells, Fifth Third, others plan to raise pay after tax reform; Joseph Otting backs a federal banking charter for online lenders.

Businesses should not only focus on securing payments that come through, but also pay attention to account creation and logins to prevent them from becoming additional vulnerable points of exploitation, writes Justin Lie, CEO of CashShield.