Technology

The technology can help banks get the most out of the vast amounts of information at their disposal.

E-commerce's dramatic expansion gives any merchant the opportunity to sell in any market. That leaves payment providers scrambling for an angle in a crowded market.

The difficulty of detecting synthetic fraud has caused it to quickly develop into the primary method of attack for criminals, says Monica Eaton-Cardone, COO of Chargebacks 911 and CIO of its parent company Global Risk Technologies.

Tussles over risk-based capital have preoccupied the agency of late, but Rodney Hood says he also wants to foster growth of minority-owned institutions and make sure credit unions are taking the hacker threat seriously.

As the competition mounts to increase adoption rates for person-to-person payment apps, PayPal's Venmo is adding a way for users to quickly move money from the app to their bank account.

The London-based retail foreign exchange firm ChangeGroup has acquired the retail branch arm of the Swedish finance group SVEA Ekonomi to serve consumers who continue to demand cash payments.

Mexico is considering a ban on the use of cash for purchasing gasoline and to pay for tolls as a way to fight tax evasion and money laundering, according to people with direct knowledge of the discussions.

Ambiguity about which laws apply to blockchain technology has prevented certain companies from doing business in the United States.

India has taken a hard line on cryptocurrency, but other blockchain payments innovation is thriving.

Developers have expanded availability of digital identity and biometrics, but traditional methods are holding strong as most companies still rely on usernames and passwords.