Technology

Telcos, banks and technology companies have all taken their shots at mobile wallets, but as mobile commerce matures, the niche players are reaping the biggest rewards, according to Remitly CEO Matt Oppenheimer.

The newest audience flocking to omnichannel shopping is the one no one invited—fraudsters.

Digital Asset Holdings, the blockchain technology startup led by Wall Street veteran Blythe Masters, has raised more than $50 million in funding and expanded its board, the company said Thursday.

The financial technology accelerator Startupbootcamp FinTech in New York has formed partnerships with Deutsche Bank, a law firm and a venture capital firm to advise its participants.

Subtly altered versions of popular apps are appearing more often on smartphones. These rogue apps, often available for free, can steal mobile banking passwords or redirect text messages containing passcodes.

Global Payments Inc. has finalized an agreement to distribute Mobeewave’s contactless mobile card acceptance technology to its Canadian clients beginning this spring.

Starbucks has integrated its mobile pre-ordering and payment feature into its Android app in the U.K.

For years, the financial services industry has relied on tactics such as education campaigns, sales pitches and financial penalties to get merchants to upgrade their technology. Ironically, the bad security that led to Target's 2013 data breach may have been the strongest way to deliver this message.

Fiserv in Brookfield, Wis., has agreed to buy the community financial services business of ACI Worldwide for $200 million in cash.

Fiserv in Brookfield, Wis., has agreed to buy the community financial services business of ACI Worldwide for $200 million in cash.