Technology

Payments processor Calpian reports growing adoption of its mobile money services in India.

The growing influence of nonbank companies poses a danger to the financial system, and perhaps a national security threat, BB&T's Kelly King says during a wide-ranging conversation among big-bank CEOs.

Cardpool is partnering with SCVNGR's LevelUp to give consumers an alternative way to spend unwanted gift cards.

Many companies have found it difficult to build consumer interest in using a dedicated app for payments, particularly for person-to-person payments. Some companies have determined that the best way to keep users engaged is to blend payment capabilities with social networking.

Target Corp. is asking a federal judge to throw out claims by banks that had to deal with the consequences of a data breach that compromised at least 40 million credit-card accounts.

Modern technology has turned the payments industry into a juggling act, particularly for those charged with deploying new techniques to protect payment card data.

Mobile commerce is here and isn’t going away. We can all agree on that. And I think we can all agree that it’s the banking industry’s opportunity to lose, but to date, most banks remain very slow to take action.

Less than two weeks after expanding into 15 Latin American markets, online remittance provider WorldRemit has launched its services in the U.S.

There is a lesson for bankers in the recent decision by Bitcoin ATM provider Robocoin to stop using biometric authentication on its teller machines.

Virtual Piggy, which provides the Oink online wallet service for their youths, will release a prepaid Discover card to extend its offering to retail stores.