Technology

The Office of the Comptroller of the Currency hasn't moved as quickly as it could to address risks posed by large national banks, according to an external review released Thursday.

The unemployment rate fell to 7.0% in November - the lowest mark since November 2008, as more people said they got jobs and joined the labor force. The U.S. economy added a total of 203,000 jobs in the month.

Jennifer Schulz is the new group president of Experian's vertical markets group, which includes the automotive, public sector and healthcare businesses in North America.

Thailand's state-owned telecommunications provider TOT says it will launch a Near Field Communication-based mobile pay service in the country next year.

For Cyriac Roeding, CEO and co-founder of shopkick, the marriage of virtual and physical shopping has never as close as it is now.

The Federal Reserve Board says it followed a proper system for establishing debit interchange caps and fully abided by the Durbin Amendment's requirement for merchants to have two unaffiliated networks to choose from for routing debit transactions.

American Airlines and US Airways have argued that the combined airline will be good for "competition, consumers and choice." But just days before the merger's closing, changes that the airlines have made to a popular credit card reward may end up having the opposite effect.

The Fed's vision of a vastly improved payments system within 10 years is getting a chilly reception from a group representing the nation's largest banks.

China's central bank barred financial institutions from handling Bitcoin transactions, moving to regulate the virtual currency after an 89-fold jump in its value sparked a surge of investor interest in the country.

Billing outsourcer BillTrust has developed new invoice technology that uses streamlined processing and dispute resolution to boost businesses payments automation, a segment that has traditionally lagged consumer payments in reducing paper processing.