Technology

The Internal Revenue Service's internal watchdog Tuesday called on the agency to develop a concerted strategy to address the possible use of virtual currencies in tax evasion or money-laundering schemes.

Designed for Japan's automotive industry in the 1990s, QR codes remain a common feature in the latest mobile wallets. They have pros and cons that banks need to carefully consider.

Designed for Japan's automotive industry in the 1990s, QR codes remain a common feature in the latest mobile wallets. They have pros and cons that banks need to carefully consider.

Samsung Electronics has entered a commercial software license and distribution agreement with fingerprint software company Precise Biometrics.

More than two years after Apple Pay made its debut, less than 20% of U.S. shoppers are routinely using their smartphones for mobile payments — but millennials are bucking that trend a bit.

The long-term promise of mobile wallets has been that plastic cards could disappear, even from the point of issuance.

Security software-maker Gemalto NV Chief Executive Officer Philippe Vallee says sales growth will accelerate as soon as this quarter.

The leading US bitcoin exchange, Coinbase, has begun using Jumio’s face match software for digital identity, adding another layer of legacy financial services on top of something that was created as an alternative to the traditional system.

The rules can be tricky, but social data can add lots of detail that can help prove identity and reduce fraud.

Citibank has launched Touch ID sensor authentication for its iOS mobile banking users in Hong Kong.