Technology

While the transaction will lower the cost of servicing First Data’s massive debt, the fintech and processing giant will be more complex and ponderous, writes Eric Grover, a principal at Intrepid Ventures.

A security lapse left millions of mortgage records exposed online without proper data protections, according to security researchers.

Retailers are aggressively competing to bring new delivery technologies to market, ranging from autonomous vehicles to gig economy apps.

Rep. Patrick McHenry, R-N.C., the ranking member of the House Financial Services Committee, wants the panel to look into how Britain's move to leave the EU – which has rankled credit unions across the pond – is impacting the U.S.

Bitcoin is marked by wild value swings that would preclude robust usage for retail payment, but that’s not stopping companies from moving crypto closer to the point of sale.

Rep. Patrick McHenry, R-N.C., the ranking member of the House Financial Services Committee, urged Chairwoman Maxine Waters, D-Calif., to prioritize certain "critical areas" in the new Congress.

The company protects digital assets with hardware-based security, biometrics and quorums. Hedge funds are already signing on.

The Federal Reserve has suggested it could join the market for instant interbank payments, but private-sector entrants would be better.

Americans 50 and older make up a sizable portion of the U.S. population — 115 million individuals in 2018. While these consumers may not be the first to use mobile P2P apps, they represent a big payment opportunity because of their economic purchasing power.

American Express’ ambitious multi-merchant rewards program, Plenti, failed last year, but it wasn’t a total loss. FIS took several lessons from Plenti that it’s applying to its own evolving payment card rewards program.