Technology

Political stalemates have convinced many executives that relief will only come when agency leaderships turn over.

Blockchain is a bigger opportunity for business transactions than consumer transactions, according to Mastercard president and CEO Ajay Banga, who is poring over the technology to build use cases for corporate users.

The bank consortium is going directly after the business of its former partner Ripple in the middle of their legal battle over an option for digital currency worth $1 billion.

Big banks have raised deposit rates faster than regionals in order to retain depositors; India’s largest payment app wants to expand.

The bank-powered P-to-P app Zelle officially launched in June with a mostly consistent brand across all of its bank partners, but it still struggles with awareness over PayPal's Venmo, which doesn't share its advantage of living inside banks' mobile apps.

Relevance to the consumer is the challenge for banks in the post-PSD2 era and partnerships hold the key, writes Maikki Frisk, Executive Director of the Mobey Forum

Home equity lines could double over the next six years. Some banks are actively pursuing the consumer credit opportunity, whereas many still feel stung by the housing crisis, unimpressed by home equity’s comeback so far or fearful of nonbank competition and fraud.

Certain prepaid debit card issuers that didn’t initially adopt EMV technology — because of a lower perceived security threat for these limited-use cards — are now going the EMV route.

PNC Financial is joining the mobile wallet trend with PNC Pay, timed to capitalize on some of mobile payments’ latest innovations.

Mogo Finance Technology Inc. rose most in eight months after saying it added blockchain capabilities to its mobile banking platform.