Technology

Success rates vary wildly for innovation labs, but some basic principles increase a bank’s chances of the incubation process leading to viable product expansion.

McDonald's has been at the fore of many new digital initiatives around the world, and it has played a significant role in demonstrating how MasterCard can flex its international scale to build new services and avoid being disrupted.

Innovation in financial services faces a hurdle in the narrow, short-term profit motives of predatory patent trolls. Here is what startups can do to ward off attacks.

MasterCard Inc., the second-largest U.S. payments network, reported profit that beat analysts’ estimates as card spending increased.

EMV chip card protections at the point of sale and a general corporate awareness of card data security are helping lower the number of data compromises worldwide. But fraudsters are moving quickly to bigger targets.

An organization could go to great lengths to protect its internal network only to have all that effort undone by its third party service provider failing to take proper security measures.

PayPal Holdings Inc. reported first-quarter sales and profit that beat estimates, adding customers against an onslaught of competition from credit-card issuers, startups and smartphone makers looking for a piece of the fast-growing digital payments market.

Wells Fargo will soon roll out eyeprint verification for its commercial customers using its mobile banking platform.

Visa issuers will be required by October of this year to provide a transaction alert service to cardholders — but if they don't have a plan in place this week, Visa will step in with its own offering.

It's been a tough time to be a mobile point of sale company, but SumUp believes it's found the right formula to not only get through the shakeout but to thrive.