Technology

Facing security challenges at its member banks and competition from other tech providers, the Society for Worldwide Interbank Financial Telecommunication [Swift] plans to put its best foot forward in 2017.

Canada’s Scotiabank waited to launch its own HCE-powered mobile wallet last month, and the payoff came when thousands of consumers downloaded the app with zero advertising.

Sudden jolts in the currency market may be becoming more frequent, with at least three flash crashes over the course of 14 months. But there is some hope in finding out their causes more quickly.

Much of regtech focuses on automating compliance functions, but the human eye is still needed in some cases. Royal Bank of Canada and D+H have developed an assessment tool designed to help employees do their jobs better.

The path to success is almost never smooth, and many well-known companies have made expensive mistakes along the way. Here are some of the ideas that are no longer around but may never be forgotten.

Online shoppers can expect fraudsters to be at the height of their creativity during the 2016 holiday season.

The chip card migration is drawing more attention to card not present fraud. Account takeover risk is also on the rise.

Bluetooth beacons, which communicate with consumers' apps as they enter and leave stores, have been bouncing around the retail industry for a few years looking for the right combination of foot traffic, product and customer experience.

The tech firm behind USAA's digital assistant has introduced an authentication tool that identifies customers by the sound of their voice or by their facial features.

Longtime TSYS executive William A. Pruett will retire early next year, after which the company plans to consolidate its North America and International services operations into a single, new unit called the Issuer Solutions Segment.