Technology

Billionaire Henry Sy, owner of the largest Philippine builder and retailer, has partnered with an online retailer backed by Germany’s Rocket Internet SE to target the rising number of consumers in the Southeast Asian nation who shop using the Internet.

Verifone's presence in the mobile point of sale market is as old as Square's, but it has had a bit more trouble reaching Square's market. This year, Verifone's strategy will be to move the goalpost — and to chop it up into smaller segments.

The fight over the security protections on the San Bernardino, Calif., iPhone is about more than a single device or Apple's product line.

Nothing accelerates innovation quite like a new car. But before consumers can outfit their vehicles with James Bond gadgetry, they need a way to pay for it all from behind the wheel.

Among the swirl of startups chasing opportunity in the global remittance market, Amsterdam-based Terra sees a way to cut costs by launching a lightweight, mobile-centric app that uses heavy data to offset financial crime risks.

The mobile point of sale market is getting more and more crowded, even as the market's largest and most established players struggle to find footing.

The Central Bank of Bangladesh is threatening to sue the New York Fed over money wired out of its account. The Fed says it did nothing wrong, the transfer was authenticated and executed by Swift.

As the Central Bank of Bangladesh threatens to sue the Federal Reserve Bank of New York over at least $80 million stolen from its account there, the Fed says its systems were not compromised.

American Express Co. will increase lending to U.S. customers as competitors offer to lower their acceptance costs to win credit-card partnerships with big merchants, Chief Executive Officer Ken Chenault said.

Car loans in the U.S. are soaring, but don't expect a crash any time soon.