Technology

Chinese internet companies face a new reality after Donald Trump’s surprise victory as U.S. president-elect — and Alibaba Group Holding Ltd. has the most to lose.

Green Dot reported net income of $2 million in the third quarter as the prepaid card issuer sought to overcome the revenue it lost by discontinuing one of its most popular products.

Lots of banks offer P-to-P and bill pay, but Fiserv's research suggests institutions can make improvements in making consumers aware.

Machine learning can revolutionize online financial management tools by not only tracking payments, but creating a way to change payment habits in the future, says John Frankel, a founding partner of the New York-based ff Venture Capital.

To jawbone Mexico into paying for the wall, President-elect Trump has threatened to suspend remittances. Such a move would disrupt one of the busiest corridors of money in the world.

Tesco Bank in Edinburgh, Scotland, has refunded 2.5 million pounds (about $3 million) to 9,000 customers who were affected by a large-scale online banking cybertheft last weekend.

President-elect Donald Trump’s well-publicized plan to build a border wall and make Mexico pay for it could have significant ramifications for a major sector of the payments industry.

Bill.com has gained traction in recent years with a few large banks that market its electronic bill payment service for businesses, but reaching a wider audience has been tough because small businesses are a tough nut for banks to crack.

Threats to the industry's control over payments were apparent before PayPal became popular. However, risks are even more visible and real today.

Tesco Bank, based in Edinburgh, Scotland, has refunded 2.5 million pounds (about $3 million) to 9,000 customers who were affected by a large-scale online banking cybertheft last weekend.