Technology

Startupbootcamp's fintech accelerator in New York boasts an unusually large faculty of 225 mentors, trained to give candid feedback and prepare the class of 10 startups for the real world.

Many moons after the U.S. payment industry adopted a largely chip-and-signature approach to EMV instead of chip-and-PIN security that’s standard elsewhere, rising merchant chargebacks are leading some to question the wisdom of PIN-free payments.

Bangladesh's central bank has suggested the Federal Reserve Bank of New York had a "major lapse" in allowing hackers to transfer $101 million in transactions that it later flagged as suspicious, according to an internal document seen by Bloomberg.

President Barack Obama is in Cuba, and Silicon Valley is tagging along for the ride.

Eduardo Saverin, a cofounder of Facebook, is set to buy the assets of Jumio in bankruptcy proceedings of the startup focused on online identity verification.

Eduardo Saverin, a co-founder of Facebook, is set to buy the assets of Jumio in bankruptcy proceedings of the startup focused on online identity verification.

American Express Co. cut Chief Executive Officer Kenneth Chenault's pay 26 percent to the lowest level since 2008 after the credit-card lender's stock and profit slumped last year.

Apple's newest iPhone, a throwback to the smaller models it sold in previous years, is designed to maintain Apple Pay's momentum as it lands in new regions.

Samsung is fond of using cash rewards to drive Samsung Pay signups, offering consumers $25 to $100 in recent months for enrolling a payment card in the handset maker's mobile wallet. But that strategy is not a fit for all card issuers, according to the fine print in the latest Samsung Pay promotion.

Technology at many banks has been assembled haphazardly over years. That makes for complex systems with lots of connections. Those points are prime targets for cybercriminals to find a way in.