Technology

A controversial plan to fix bitcoin’s network congestion suffered a setback after attackers used a newly-discovered bug to crash the software.

The mobile point of sale vendor ShopKeep has purchased ChowBot, an online order-and-pay software tool for restaurants, with plans to broadly integrate the new feature into its services for small businesses.

PayPal's February acquisition of TIO Networks is the latest example of a growing trend of financial services providers targeting the underserved, developing products that bring the cash-heavy group into the digital payments fold.

A lot of time can pass between a breach and when a company discovers the incident, creating an opportunity to damage payment systems.

The venture capital firms of Goldman Sachs and Citigroup, along with the fund backed by Google’s chairman, have invested in a firm that helps banks secure their cloud technology.

The bank’s clients now have a simpler alternative for logging in to treasury management and other commercial accounts, part an effort by bankers to offer business customers more convenient high-tech services that are still secure.

ICBA Bancard is partnering with the payments provider linked2pay to more easily deploy Automated Clearing House and other transaction types through a cloud-based platform.

If the Federal Reserve and other central banks began issuing their own digital currencies, they could benefit consumers, boost the economy and fight financial crime. But not without risks to cybersecurity, individual privacy — and possibly bank profits.

Companies that fail to understand blockchain and distributed ledger technologies risk making expensive missteps.

Google Wallet may have passed the in-store and in-app payments baton to Android Pay late in 2015, but it has simplified its person-to-person payment capabilities by extending its Gmail integration to Android phones.