Technology

Rushing to copy the Amazon experience, banks and fintechs are focused on simplifying financial services online. A Georgia Tech researcher says that approach is risky.

Despite some growing support for central banks issuing digital currencies, the practice raises important privacy concerns and questions about the structure of the banking system.

India has tightened rules regarding how foreign e-commerce platforms are allowed to sell goods in one of the fastest growing online markets, a potential blow to companies like Amazon.com Inc. and Walmart Inc.’s Flipkart.

Financial institutions would be wise to use the end of 2018 as an opportunity to ensure their cyber defenses are beefed up for new threats next year.

Through a unique partnership, Nutmeg State Financial Credit Union offers DMV services at two of its locations. So far the results have showcased the power of technology.

Despite what we assume are dedicated efforts to protect customer’s personal information, hackers are finding the loopholes in businesses’ process and technology data protection life cycle. It happened with Target in 2013, the Home Depot in 2014, and many others since, writes Todd Feinman, co-founder and chief product officer of Spirion.

More traditional players interested in creating a safer market for digital assets have issued a checklist that cryptocurrency firms can follow to build confidence among banks, consumers and regulators.

Amazon.com Inc. reported a record-breaking holiday season as shoppers loaded their online baskets with items from Echo speakers to Calvin Klein clothes, suggesting consumer optimism isn’t being deterred by a tumbling stock market.

On the surface, Ant Financial's reported discussions to acquire U.K.-based WorldFirst demonstrate a savvy business move to establish itself beyond the substantial market it controls in China. It also shows how far the Chinese payments giant is willing to go to resist the headwinds of U.S. policy.

Even the best technologies take time, making it necessary to rein in expectations about what will happen and won't happen in the coming year.