Technology

Corezoid is courting the U.S. banking industry with a cloud-based solution its founder developed while working at a Ukraine bank.

PayPal next month is cutting off purchase protection for payments to crowdfunding sites, as the model for raising seed money for projects online begins to mature. The new policy goes into effect June 25, the company noted in an update to its user agreement.

Corporate payments services company Bottomline Technologies has introduced a mobile solution that would allow U.K businesses to pay customers quickly and directly.

Fed up with the hassles of applying for a multitude of state licenses and relying on bank partners, fintech firms are increasingly interested in applying for a national bank charter — and federal regulators are considering ways to accommodate them.

The Clearing House, Dwolla and Ripple Labs are among more than 20 companies that are vying to play a lead role in modernizing the U.S. payment system.

Carrier billing provider Bango has purchased BilltoMobile and its contracts from Danal Inc., making Bango a processor of carrier billing transactions across all major mobile networks in the U.S.

Dwolla has forwarded its proposal for faster payments to a Federal Reserve Board task force studying submissions as part of a national initiative, and its voice is one of several seeking to make a difference in the country's move to faster payments.

MasterCard is taking an obscure domestic mobile service global, with the hope of jump-starting innovations that would otherwise be locked to a specific region of the world.

Many bank security people will undoubtedly shrug off Anonymous' claim that it's trying to bring down banks all over the world. There are a few reasons to take it seriously.

Maria Vullo, still stuck in limbo as acting superintendent of the New York State Department of Financial Services, is hindered from putting her mark on the agency until she gets confirmed. So a quiet guessing game is going on about how her supervisory philosophy will compare with her predecessor Benjamin Lawsky.