Technology

The workers charged customers incorrect currency conversion rates; Santander plans to defend its decision not to hire Andrea Orcel if he sues.

Lawmakers including presidential hopeful Elizabeth Warren have introduced a bill that would put the Federal Reserve in charge of creating its own real-time payments network.

Whenever we have major industry changes generating uncertainty, it’s usually a safe bet that fraudsters find ways to manipulate the situation before we know how to secure it against them, writes Monica Eaton-Cardone, COO of Chargebacks 911 and CIO of its parent company Global Risk Technologies.

Libra and Facebook’s huge impact on the conversation around blockchain and cryptocurrency is giving fuel to other blockchain companies that portray their models as alternatives to Facebook’s controversial plans.

Visa’s decision on how or if it will participate in Facebook’s cryptocurrency project will be based on how the social network handles the mountain of criticism and requirements that global regulators and lawmakers are heaping upon it.

ING is piloting an Android-based app that supports smartphone card payments without a connected dongle or investment in a payment terminal.

Calling it the largest B2B trading platform in the world, Alibaba Group has opened Alibaba.com to small and medium-size U.S. businesses to reach an addressable market of $23.9 trillion.

Starbucks is looking to reclaim its role as the global leader in streamlined, intuitive order-and-pay systems through machine learning technology it’s developing in-house and through a deal with restaurant-tech startup Brightloom, its new equity investment partner.

New regs force financial institutions to go deeper to stop laundering, but the prize is easier overall enrollment, says NTT Data Services' Edmund Tribue.

Policymakers should consider how new data computing can help ensure equal lending, not hinder it.