Technology

Banks sharing cyberthreat data is not new. But more information-sharing groups are forming, and technology is improving, to advance the effort.

To discourage scalping, the New York Comic Con asked online ticket buyers for personal information up front. The backlash shows the challenges of protecting identity in the digital age — an issue banks and fintech firms are exploring.

China UnionPay has launched its NFC-based QuickPass mobile payment system in Canada, marking its first acceptance by merchants in North America.

The early morning exercisers who stop at Thrive Café in Loves Park, Ill. may be drenched in sweat and dressed in outfits devoid of any pockets, but they can still pay for their post-workout refreshments without a wallet or phone.

Smart contracts, which automate parts of payment agreements, are the key to using blockchain technology in complex financial transactions. However, there are still open questions and concerns about how smart contracts operate in the real world and whether they can be trusted.

Microsoft Wallet has a substantial consumer base, particularly stemming from its gaming business, through there aren't a lot of banks that support its mobile payments technology. The software picked up some bank momentum with this week's addition of PNC.

ItzCash and India’s RBL Bank have formed a partnership to launch the country’s first cobranded prepaid card powered by the government-backed RuPay Network, the latest example of India's efforts to rapidly accelerate financial inclusion.

In a harsh reminder that hackers have found hotel point-of-sale systems to be a treasure trove, HEI Hotels & Resorts is informing its customers of a potential breach affecting their credit cards.

Bitcoin skeptics continue to misunderstand a technology that could forever change the way financial services operate. Here are four common — and incorrect — beliefs on why bitcoin will fail.

The federal government recently began to discourage companies from using SMS-based authentication in their two-factor authentication schemes. So do banks need to completely eliminate authentication via text message? Not entirely.