Technology

JPMorgan Chase is beefing up its technology presence in Israel, joining other global financial firms seeking to benefit from the country's large pool of fintech experts.

Data regulations pressure small banks and credit unions, which could benefit from a pro-innovation regulatory environment, according to Stephen Menon, vice president of product at Finn AI.

Credit card fraud is on the rise in the U.K. with more than $2 billion being stolen from credit and debit cards over the past twelve months, an increase of 38% on the previous year. But while large scale data breaches have been heavily blamed for this surge in crime, ex-fraudster Tony Sales says one of the most pertinent reasons is a persistent lack of understanding within the financial industry of how criminals operate.

Blockchain backers concede the hype is turning off bankers; Mulvaney's CFPB name change could cost industry millions of dollars; the one banking bill Congress might actually pass next term; and more from this week's most-read stories.

The New Jersey bank is offering fintechs ways to stay compliant with consumer protection regulations.

Airports would provide a way to bring Amazon Go to spaces beyond the relatively small storefronts at Go’s early locations in Seattle, San Francisco, Chicago and New York.

Chase and UATP, the airline-owned payment network, are collaborating to make Chase Pay an option on airline websites and mobile apps.

Familiar recriminations and calls for legislation from lawmakers followed the massive hack of the Starwood hotel chain, but will Capitol Hill actually do anything?

Mainstream payment companies are quickly siding with fintechs to dilute the weight of paper on accounts payable and supply chains. American Express is pushing change by making it less of an ordeal.

By giving options, business can ensure that when users are in a hurry and suddenly faced with an elaborate setup for a new logon procedure, they won’t leave for a different provider, writes Marco Lafrentz, a vice president at tyntec.