Technology

Virtual credit cards are gaining popularity as a one-time-use security method, but payments through these digital cards are expensive for accounts receivable departments to manage.

Marketplace lenders have set themselves apart from banks by moving faster, but lending fraud might force them to revamp their authentication processes.

OpenFin, a devotee of open source software, has raised $15 million in Series B funding to fuel staff expansion, business development and new products.

The technology can help to speed processing, and the number of banks investing in the technology is expanding rapidly.

As American Express and Citigroup clashed over which issuer would get the coveted Costco Warehouse credit card business, one area remained undisputed and out of their hands: Payment processing for Costco's small business clients.

Banks are woefully unprepared to face potential cybersecurity threats stemming from third-party technology providers, according to a report issued Wednesday by the Federal Deposit Insurance Corp.’s independent watchdog.

Marketplace lenders have set themselves apart from banks by moving faster, but lending fraud might force them to revamp their authentication processes.

Billionaire investor Carl Icahn reduced investments in PayPal Holdings Inc., Nuance Communications Inc. and Freeport-McMoRan Inc., according to a regulatory filing Tuesday.

By using biometrics, merchants can tie user identity to the actual consumer, a better option than EMV chip cards.

The growing number of Chinese consumers traveling to the U.S. and other countries is becoming a two-for-one opportunity for payment companies. The market's gigantic and growing — and it has a lot of trouble executing transactions.