Technology

PayPal Holdings Inc. said an updated order-ahead function on its redesigned mobile app is helping the company win more customers in the digital wallet race.

I made a provocative comment, as it turned out, during my keynote at a recent conference. The comment was picked up in a press article that reported I said "the coding behind virtual currency bitcoin could also prove to be enormously transformational, potentially even replacing the Swift network for interbank payments."

As the white-label force behind a growing number of mobile wallets in Asia, Latin America and Europe, Mozido LLC is familiar with the limitations of building consumer awareness and usage through relatively narrow channels.

A cybersecurity panel at the Women in Finance and Technology Symposium Thursday explored ways to enhance communication and collaboration between different branches of government working to strengthen the nation's cyberdefenses.

A lot of companies want to be the "Uber" of banking and payments. And it's starting to look like Uber itself wants that role as well.

Like any well-run business, the Dridex cybercrime gang is growing and diversifying. It's stepping up its efforts to break into banks, through increased phishing attacks and ransomware.

As one of the most antagonistic lobbying battles in Washington escalates -- where financial institutions like JPMorgan Chase and Visa are sparring with companies such as Walmart over credit card swipe fees -- a powerful ally is again sticking up for the retailers.

As government and private sectors build up their defenses against mounting cyberattacks, a sharper focus on the "risk in the seams" of payments and data networks is needed, experts say.

Consumers who have been issued EMV chip cards know how to use them. So it might come as a surprise when merchants equipped with chip card readers instruct their customers to swipe their cards instead.