Technology

False IDs are complex and difficult to spot. A combination of biometrics and other advanced security tecnology is needed.

Plans for Bangladesh to develop a digital financial program for the majority of consumers with no access to banks—many of them in rural areas—are beginning to take shape.

Using a program built by Ripple, BBVA has transferred about 50 euro-denominated payments to Mexico from Spain in seconds. Such transactions normally take up to four days to clear, the bank said.

Visa is learning that it its reunification with Visa Europe last summer came at a very good time.

As marijuana legalization spreads throughout the U.S. and the world, companies in the cannabis market must navigate a delicate tangle of new and old regulations. And many payment providers are unwilling to risk working with dispensaries, leading to some inventive workarounds.

Banco Bilbao Vizcaya Argentaria SA, Spain’s No. 2 lender, has executed its first cross-border payments through a system based on the software that supports bitcoin.

Readers sound off an attempt to block prepaid regulations, threats to consumer privacy, FSOC’s political bent, the proper use for SARs, and more.

The U.S. trucking industry has benefited from key improvements in fuel-payments technology, with streamlined mobile apps from the likes of WEX and Comdata steadily replacing clunky, older paper-and-plastic fleet card programs for buying fuel, services and lodging on the road.

Issuers and other organizations accept a nominal level of money laundering. Machine learning and artificial intelligence can improve that.

Payments volume and cross-border business helped drive the strong performance.