Technology

While many Americans and Europeans are comfortable using biometric authentication to access their smartphones and bank accounts, the real leader in biometric adoption for payments is actually the government of India.

By learning from the struggles that resulted from Wells Fargo’s outages, the rest of the financial world can improve its own disaster recovery plans, writes Todd Matters, chief architect and co-founder of RackWare.

Mastercard has spent years attempting to overhaul transit payments to allow riders to pay with a contactless credit or debit card. This time around, it expects Apple Pay to play a significant role.

Some fintechs have figured out how to provide international students and immigrants with credit cards and loans. Machine learning makes the underwriting possible.

The San Francisco-based online lender said that the departures of two prominent board members are not the result of any disagreement with the company.

Under the hood of U.S. Bank's new mobile app; BofA, Wells Fargo sour on blockchain; are Fannie and Freddie too big?; and more from this week's most-read stories.

The Clearing House announced moves to attract community banks and credit unions to its real-time payments system. Smaller depositories have generally been reluctant to sign up with what is seen as a large-bank effort.

The next step for trucking industry payment providers is tapping the full benefit of available data streams as they upgrade from decades-old paper-based payment systems to cloud-driven mobile apps.

Mobile technology provider Mahindra Comviva developed a software integration for issuing banks and third-party digital wallet providers to add contactless payment capabilities to their mobile products in India.

In the emerging ecosystem economy, merchants will need to provide a seamless buying journey for customers. That means everything from a dynamic user interface and smart authentication to contactless payment options for faster transaction times, writes Paul Perry, a contributor for the technology company Relay.