Technology

Signature Bank on Jan. 1 will open its Signet Platform to support real-time settlement for commercial payments. The bank is collaborating with trueDigital Holdings, a New York-based blockchain infrastructure, exchange and settlement technology company.

CBTX said an unauthorized person obtained personal information for about 7,800 customers.

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The software, which was developed by Feedzai, will eventually block payments that appear to be fraudulent or mistaken.

Prometheum may succeed whether others have failed because it has attempted to work closely with regulators.

Google Payment, a company owned by Alphabet Inc., obtained an e-money license in Lithuania, joining a growing number of fintech firms that have secured permission from the Baltic nation to offer financial services across the European Union.

Facebook’s payments ambitions have made banks wary for years, despite many false starts. But now it looks as if Facebook is pivoting to develop a remittance business, starting with a cryptocurrency project in India.

Former McKinsey & Company associate partner Liz Oakes has been named Mastercard's executive vice president of market development for the New Payments Platforms division.

The personal finance management tool will allow members to combine accounts from other institutions and track spending.

When so many users trust large companies like Google with their personal data, it's up to these companies to disclose any compromise of the data security as early as possible, writes Aman Khanna, vice president of products for ThumbSignIn.