Technology

Although much of banking is cautiously optimistic about the Trump presidency, the financial firms and organizations that serve the unbanked see the election as a mixed bag at best so far.

China’s Ant Financial, an affiliate of Alibaba, is continuing its acquisition spree by purchasing stakes two digital payments firms, including South Korea’s Kakao Pay and the Philippines’ Mynt.

When Zelle launches, it will not allow users to share information about their payments with other folks in their network. That decision puts the P-to-P service on a different course than Venmo, its fast-growing rival.

In the gig economy, more companies need to make more frequent payments to workers, and that need is being met through the use of open development tools and web delivered services to power complex transactions.

Most new payments and financial services innovation isn't tied to the actual payment, making hosted and cloud solutions a good fit for right sizing resources.

The temptation for banks these days is to digitize as much as possible, but that generally results in spending a lot and doing nothing really well. Picking one of these three business models can help banks choose technology best suited to add value and thus get the most bang for their buck.

When Zelle launches, it will not allow users to share information about their payments with other folks in their network. That decision puts the P-to-P service on a different course than Venmo, its fast-growing rival.

The human voice changes more quickly than you’d think, and this has to be taken into account by voice-recognition systems.

London-based Prepaid Financial Services (PFS) has purchased Malta-based financial services software development company Spectre Technologies.

India's latest government-supported payments initiative, Bharat QR, officially launched on Monday, aiming to provide an interoperable mobile payments platform linking small merchants and consumers across channels via several major card payment networks.