Technology

OfferUp, a secondhand mobile marketplace, closed its latest funding round $11 million higher than previously reported and added PayPal co-founder Max Levchin as an investor.

If a consumer is willing to shop online through a mobile device while sitting on the toilet, retailers need to be in the bathroom with that shopper during the holiday season. At least, PayPal sees it that way.

Merchants are still slow to adopt mobile point of sale systems. But improvements in usability and longer battery life can turn that around.

As a payments industry professional, Reetika Grewal took the situation in stride, but her experience using mobile wallets and EMV exemplifies an issue many consumers are facing.

Temasek Holdings Pte pared its investment in Alibaba Group Holding Ltd. in the third quarter, as shares of China’s biggest online retailer rallied, while emerging as a shareholder of software maker Dell Technologies Inc.

The once-booming market for reloadable prepaid cards has seen a slowdown in new-account growth in recent years amid heavier competition and consolidation, causing longtime providers to look for ways to stand out in a crowded field.

With 14 million trades a day on Nasdaq and innumerable chats and emails, the stock market's risk and surveillance officers can't look at everything. Enter artificial intelligence.

Banking and payments technology provider linked2pay has added the real-time payments platform from Push Payments to its services for bank clients.

Refusing to let innovators experiment in a permissive environment keeps regulators in the dark, and ultimately, prevents progress in financial services.

The reports at first seem striking: India's abrupt recall of its larger cash notes has caused a dramatic uptake in mobile payments, likely spurred by staggering lines at bank branches and ATMs.