Technology

Diebold and Wincor Nixdorf — which plan to merge under the name "Diebold Nixdorf" — were already in the midst of major projects to digitize bank branches and retail stores before the pressure from mobile devices led them to join forces to keep pace with innovation.

The proliferation of easy-to-use analytics tools has allowed community banks to do what used to take teams of quants to accomplish. Some are using it to get an edge in M&A, others are using it to improve efficiency.

Chase Visa cards are now compatible with Samsung Pay, the smartphone maker's mobile payment system that combines magnetic secure transmission and Near Field Communication.

Small business professionals using the New Zealand cloud accounting software Xero can be alerted on their finances through Apple Watch.

At long last, the National Retail Federation has won the support of several U.S. attorneys general in its demand for chip and PIN security at the point of sale. But even this isn't enough.

There is a whopping $630.5 billion bonanza of holiday shopping projected to occur this holiday season, according to the National Retail Federation. Though if retailers aren't ready to accept chip cards and mobile transactions, they could miss out.

Mobeewave combined two Canadian staples — hockey and contactless payments — to test a technology that allows smartphones to pay 'each other,' and is now taking the concept on the road to other markets.

With the outlook for mobile payments improving, American Express has brought together several initiatives in this area under a new umbrella dubbed Amex Enabled Digital Solution.

Regions Financial in Birmingham, Ala., has hired FBI veteran John Boles to oversee its investigations of cybersecurity and international threats.

As shopping gets more digital, so does fraud. The rise in technology at shoppers' fingertips provides many new channels for scammers to exploit.