Technology

Liability for missteps by vendors, jurisdictional headaches tied to locations of servers and legacy technology are other potential impediments.

By experimenting with palm-print hand wave transactions, Amazon is putting its resources behind another work-in-progress technology that traditional retailers will almost certainly have to invest in just to keep pace.

The local payments acceptance technology of cross-border fintech dLocal is now available for Amazon users in Chile.

Flutterwave, an Africa-focused financial-technology company, said it raised $35 million and will work in partnership with WorldPay and Visa as it seeks to expand across Africa.

After a decline, fraud has recently spiked. But there are measures companies can take to stay ahead of the crooks, says Nvoicepay's Alyssa Callahan.

Ebanx isn't new to the payments technology game in Latin America, having focused on cross-border e-commerce technology a few years ago to allow consumers in that region to make purchases from international merchants.

Modernizing the bank’s app and digital-banking experience won’t necessarily result in Citigroup needing fewer people in its retail bank, CEO Michael Corbat said.

Some of the world’s major central banks are teaming up to assess potentially developing their own digital currencies, acknowledging that their role is being challenged by new technologies and private sector initiatives such as Facebook Inc.’s Libra.

The body will include the Bank of England, Bank of Canada, the Bank of Japan and the European Central Bank, but not the Federal Reserve or the People's Bank of China.

Banks in the U.S. should take note of these requirements before opening their systems to third-party developers.