Technology

Open source development has joined blockchain technology in a bid to take a bite out of banks' long-standing control over the international payments market.

By establishing its e-commerce fraud prevention system as a "mobile first" platform, Forter worked to get a step ahead of a growing trend — that many new retailers accept only mobile payments through their apps.

PayPal still has a big lead over banks’ digital payment offerings, despite the many advances banks have made in recent years, a new study suggests.

Recipients of the 2016 FinTech Forward awards discuss how evolving technology will reshape banking in the years ahead.

The race to dominate person-to-person transfers has been a curious one so far, because P-to-P typically isn’t a money-maker for banks or even for PayPal, whose Venmo unit is generating red-hot growth this year in the category.

Less than a week after revealing it will bring Alipay payment options to U.S. terminals, Ant Financial has signed an agreement with Commonwealth Bank of Australia.

Hitachi Ltd. is introducing a system to protect people from being conned into transferring money from their bank accounts at automated teller machines.

The world's third-largest bank hasn't given up on bitcoin.

Business-led mobile payment apps can build deeper relationships with consumers, and right now that beats the third party mobile wallets.

Companies that provide services for brick and mortar merchants face the challenge of adding lots of technology in a short amount of time. This is a tough task from an execution space but a big opportunity to gain returns for investors.