Technology

The 16th hole at the Waste Management Phoenix Open PGA tour event at TPC Scottsdale has become golf legend because it is the only time on the tour in which fans cheer and jeer each tee shot as if at football game.

Smartphone-based payment systems promise to let shoppers eliminate the hassle of carrying cash and credit cards around. But even as mobile payments spread, there’s one piece of plastic people still can’t leave home without: their driver’s licenses.

The launch of the U.S.'s first regulated bitcoin exchange gives an already curious merchant base more of a reason to jump into virtual currency.

The Federal Reserve System released a detailed vision Monday for improving the speed of the U.S. payment system.

The Federal Reserve System released a detailed vision for improving the speed of the U.S. payment system. It is latest step in a process meant to spur change at a time when the country has fallen far behind many nations that have adopted real-time payments.

If consumers, designers and artists led the discussion about how we make payments in the future, they would likely come out with a vastly different system than the one technologists are creating today.

Janell Thompson and Katarina Maloney say choosing the "wrong" name for their company was all it took to run afoul of banks and be labeled as co-owners of a high-risk business.

Like General Motors extending credit to car dealers, Google will use Lending Club to finance resellers, service providers, and consultants in its supply chain while putting to work a portion of the tech giant's cash war chest.

WePay is looking to boost transaction activity among its small business users by offering access to Google Wallet with minimal steps.

The next year will be huge for fraud and security in retail. Most concern around risk management for the year ahead is focussed on system security and fraud management, which is crucial to today's transactions.