Technology

It is inevitable that the masses will adopt cryptocurrencies.

Facebook is reaching out to payments industry giants such as PayPal, Braintree, Visa, Mastercard, Amex and Stripe to help Messenger bots accept payments directly, Messenger chief David Marcus told attendees at a technology industry event Monday afternoon.

Cybersecurity enforcement efforts need to be better coordinated across government agencies, financial industry groups said in a letter Friday to the National Institute of Standards and Technology.

France-based supermarket giant Carrefour and Gemalto leaned on Host Card Emulation (HCE) to create a new solution with the sought-after feature of combining mobile payments and the store’s loyalty program within a single app.

Digital payments tools can help commercial clients run their business more efficiently, but in a world still dominated by paper checks banks may need to show their customers the benefits.

Fresh off testing new payments technology at the Rio Olympics, Visa is heading to the Toronto International Film Festival to demonstrate transaction innovations for augmented reality and connected cars.

Netherlands-based ING is the latest bank to extend person-to-person (P-to-P) payments services to bank customers using popular social media platforms.

The newest iPhones are drawing a lot of attention for omitting the headphone jack, causing worry among the small merchants that rely on headphone-connected card readers to handle payments.

Facing a growing threat from TransferWise and other specialists working to streamline cross-border payments, Barclays and Commonwealth Bank of Australia (CBA) are trying a new system enabling customers to zap funds between the two banks in real time.

The Federal Financial Institutions Examination Council has released updated cybersecurity guidance for bank examiners.