Technology

The CFPB's proposed requirements threaten to trap next-generation digital wallets and cryptocurrency innovations in a consumer protection regime narrowly tailored to the unique characteristics of reloadable prepaid cards.

Seeing an opportunity to advance international and online debit transactions and take advantage of a growing mobile payment market, MasterCard is working to establish a debit card presence next year in Canada.

Online shopping and payments has become a popular holiday option, making it vital that online merchants to ensure their sites can handle the spike in web traffic and transaction volume for "Black Friday" and the rest of the holiday shopping season.

A year after the Target data breach prompted retailers to step up their migration to EMV-chip acceptance, many consumers finally have EMV cards or can access the same security through Apple Pay's new mobile wallet. But will they finally change their habits?

A U.K. company is building a mobile payment system that is designed to appeal to the needs of both banks and retailers, but faces challenges in winning consumers away from mobile wallets that have already hit the market.

A significant number of consumers are concerned about credit card fraud, particularly in light of recent, high-profile data breaches disclosed by Home Depot and Target, according a survey released by FICO.

Twitter Inc. is testing a way for users to redeem discounts through merchants' tweets, expanding its online commerce efforts.

CheBanca! goes further than most financial institutions to foster fintech entrepreneurs. It's not only sponsoring competitions for money and mentorship, but also working to give the young companies international exposure.

Slyce, a two-year-old company that allows consumers to take pictures of items to make purchases, has launched a "visual shopping app" called Pounce.

Fannie Mae and Freddie Mac last week revised their representation and warranty frameworks to provide lenders clarity on an issue they have long raised as a sticking point in housing reform, and one that some say has made lenders less willing to extend credit.