Technology

Soltra Edge promises to let financial institutions react to cyberthreats in milliseconds — without human intervention — by translating bankers' warnings from plain English into a format that security software can read.

The card networks are under pressure in a number of countries, providing ammunition for retailers wanting similar cost adjustments in the U.S.

Seeking to help its clients benefit from consumers who increasingly shop online or through mobile devices, GoDaddy Operating Co. LLC has launched its online store product for small businesses.

As the mobile point of sale market matures, more merchants will migrate from smartphones to tablets, which Roam's Scott Holt said requires device-specific changes in design and technology.

Consumers throughout the U.S. are embracing online shopping, shifting a significant portion of their purchases from retail stores to the web at an ever-increasing pace.

As banks struggle to make sense of their wealth of customer information, the burgeoning industry of online marketplace lending is finding novel ways to glean insights from unconventional data points.

Even though the payments industry earlier this year put an end to the debate over how to comply with a federal mandate for routing EMV debit transactions, the technology still isn't widely available.

In the payments security industry, tokenization initiatives have started to emerge, which would have important ramifications for retailers if they were to take off.

As payments leave plastic behind, the pressure is on banks to stay in front of merchants and consumers. But in its pilots of payment-capable wristbands, Royal Bank of Canada is finding that there are some areas that banks should steer clear of.

Safaricom Ltd., East Africa's biggest mobile operator, is bracing for competition in its key mobile-money business that helped boost first-half profit by 30 percent, Chief Executive Officer Bob Collymore said.