Technology

The mobile payment revolution has made mobile banking apps even more lucrative and attractive to crooks.

As major U.S. cities continue to implement contactless tap-and-go acceptance to collect transit fares, at least one bank sees this trend as an opportunity to put its cards on center stage.

In the age of e-commerce and the "Pays," redemptions will no longer be viewed primarily as an expense to be managed, but rather as a tool to create value through higher spending, brand engagement, and long-term loyalty, says Capco's Daniela Hawkins.

Proponents of a plan to get the Postal Service more involved in banking say it would restore profitability. Actually it would lose more money.

Proponents of a plan to get the Postal Service more involved in banking say it would restore profitability. Actually it would lose more money.

The power couple wants to help turn Acorns Grow from a niche app into a megabank; with many floating-rate loans, regionals’ profits drop as yields slip.

Barclays has jumped on a huge range of technology that brings payments closer to myriad activities, but as competition looms, the bank is working to better organize its projects.

Bank of America has joined the likes of Walmart and Mastercard in seeking patents for blockchain technology that could be used for a digital currency or mobile wallet.

A range of startups are experimenting with more ethical retirement savings products than traditional reverse mortgages and annuities, says venture capitalist Ben Cukier. However, according to Cukier, they're too focused on millennials and ignoring a group with more urgent needs and greater wealth — baby boomers.

One of the largest cryptocurrency exchanges is looking to partner with governments and companies to develop new digital currencies as it competes with the Libra project spearheaded by Facebook Inc.