Technology

Tencent Holdings Ltd., China’s largest social media firm, is entering the traditional finance industry by investing in CICC International Capital Corp., a move that may help the investment bank’s expansion in wealth management.

SourceMedia's PayThink conference is an annual gathering of key decision-makers in the financial services and payments industries. This year's event, which took place in Phoenix this September, brought several key ideas to light.

The Financial Stability Oversight Council meets Friday to discuss removing the label from the now shrunken insurer; Senate Banking Committee to hear Richard Smith on October 4.

The slow and difficult EMV migration has slowed major adoption of contactless cards, but there are signs that momentum may be turning around.

The benefits of adopting an end-to-end payments solution are substantial and will help businesses collaborate with vendors and customers, while saving time and money, writes Stephen Markwell, head of treasury services product strategy for commercial banking at JPMorgan Chase.

As ISOs evaluate payment partners, it’s important that to dig into their existing tools and also gain an understanding of what the company’s continued investment is going to be for the future, writes O.B. Rawls IV, CEO and president of iPayment.

Summit Credit Union in Madison, Wis., has filed what's believed to be the first lawsuit by a financial institution in connection with the massive data breach.

The grocery chain is speeding payments to counter grocery innovations from Amazon and Walmart.

CB Bank will distribute contactless Mastercard credit cards to consumers and work with local merchants to upgrade point of sale technology.

Faster processing can accommodate digital payment options in line with upcoming regulations and advancements in neighboring countries.