Technology

Jeffrey Robinson is hardly a fan of Bitcoin (the title of his latest book, "BitCon," kind of gives it away.) But as the author of a classic 1990s book about money laundering, even he says that Bitcoin is a terrible tool for that particular crime, despite the digital currency's reputation. He explains why in the second part of a conversation with American Banker's Marc Hochstein.

Digital money transfer company Xoom is working with the bank HBL to enable instant deposits in more Pakistani bank accounts.

James Anderson, senior vice president of shared platform services in the emerging payments group at MasterCard, has been "droning on" for nearly a decade about contactless payments. And the industry is finally catching up.

The 20 women we honor this year have advanced the pace of innovation, challenged competitors and fueled the creativity and ambitions of their colleagues.

It's safe to the EMV adoption will be successful, but it is still going to take some time – and might never achieve 100% ubiquity in the U.S.

The retail services market is flooded with Web-based developer tools that allow small businesses with little tech expertise to develop payment capabilities. But to companies like vCita, these toolkits are still too hard to use.

Transfast has upped its game in Kenya, offering instant deposits to three banks in the country and connecting its service with M-Pesa mobile money accounts, a poster child for mobile payment success.

Merchants are far from helpless bystanders as Apple and banks sort out who is responsible for stopping fraudulent cards from being enrolled in the Apple Pay mobile wallet.

Apple Pay, which pre-rollout was praised for its security features, was in the center of a storm this week when some called the security of Apple's mobile wallet into question, claiming that 6% of transactions are fraudulent.

Mobile malware has become easier for criminals to deploy, circumventing all antivirus and firewall solutions, as these viruses are delivered in the form of trusted applications we all install and can lead to m-commerce vulnerabilities.