Technology

A federal judge says the agency can’t issue national bank charters to fintechs; Facebook’s CEO will state his case at a House hearing.

Retail technology provider Standard Cognition is putting its quick-rising valuation to work to stockpile tools as the checkout-free market enters a more competitive phase.

With the social media giant under heavy scrutiny for its cryptocurrency plan, the company's CEO plans to tell lawmakers that the Libra Association will take the lead.

New tech can help banks with less cumbersome systems track suspicious activity more effectively.

A majority of banks globally may not be economically viable because their returns on equity aren’t keeping pace with costs, the consultancy said in its annual review of the industry released this week.

Facebook’s cryptocurrency would not help underserved communities, despite the claims of its CEO, who is slated to appear before Congress this week.

Following months of preparation, Visa, Mastercard, American Express and Discover announced the launch of "click to pay," a new streamlined checkout process that functions similarly at all participating e-commerce sites.

Payments innovation is happening in small businesses like Rio Grande Mexican Restaurant, which has to manage a shift in how people shop, order, pay and communicate — all at the same time.

While doing the bare minimum means that companies avoid receiving hefty non-compliance fines, it doesn’t achieve a great deal more, says FIME's Arnaud Crouzet.

The judge sided with the New York State Department of Financial Services, which had sued the OCC over the proposed charter.