Technology

A proposal to modernize the Community Reinvestment Act could be just a snippet of what regulators try to accomplish as they wrap up 2019.

India’s digital payments pioneer Paytm announced new funding from existing shareholders like SoftBank Group Corp.’s Vision Fund and new investors, as competition in the country’s finance sector heats up.

A new survey finds that more than half of respondents planned to do most of their gift shopping through a smartphone.

The bank is testing the emerging technology with IBM in an effort to speed up risk analysis and derivatives pricing.

Former Comptroller Thomas Curry, who initially proposed the special charter now blocked by a judge, calls on policymakers to find another way to regulate financial tech startups.

The $26 billion all-stock deal has the OK of the boards from both companies; the administration says it will move on privatization without federal backing.

In a sit-down interview, Cleveland Fed President Loretta Mester discusses how the FedNow real-time payment system will work alongside a big-bank one.

Stripe and Adyen are among the best known and most VC-friendly firms that enable quick account onboarding for gig economy supply chains — but a lot of competitors are gunning for their position.

Merchants are embracing open banking at a high rate, creating new opportunities once consumers get on board, says Nuapay's Brian Hanrahan.

The Cleveland Fed president dismissed concerns about the central bank's faster payments system competing with The Clearing House's network, while saying that a national digital currency is less of a necessity in the U.S. than in other countries.