Technology

We know banks don’t like failure. But what is lesser known is how their reluctance is all to do with banking's compliance culture.

The advancement that we are seeing in terms of API Banking in the payments domain makes it evident that the overall banking system is moving toward an open banking framework, writes Satya Swarup Das, a senior architect for the global banking practice at Virtusa.

The National Institute of Standards and Technology is telling agencies and companies that collect or store data to change the way they have been protecting their networks — and its guidance is likely to soon spill over to financial services and payments.

Dave Sapenaro, first vice president and chief operating officer at the Federal Reserve Bank of St. Louis, will oversee the Fed's payments system improvement initiatives.

E-commerce cross-border payments provider dLocal has updated its platform in India, enabling global e-merchants to accept and remit payments through all local methods and target the mobile consumer in the country.

From preparing for the next recession and digital disruption to better planning and what millennials want, CUNA Mutual Group’s 2017 Online Discovery Conference covered a lot of ground.

Alternative currency investments are volatile. Another way to look at the market's sustainability is the willingness of participants to stick with this new mode of payments, writes Mariam Nishanian, a representative for Dentacoin, a virtual currency for the dental industry.

The idea that the trading ban burdens community banks and prevents them from investing in fintech opportunities is misleading.

Mobile wallets and digital payments apps are erasing the distinction between credit and debit, but many issuers still cling to old practices that treat those audiences differently. SunTrust is working to change that.

Long Game is a mobile app that uses games to encourage its users to build a nest egg. Its example holds lessons for banks that are struggling to capture more of their customers' attention.