Technology

Banks should work to shield some customers who may otherwise be flagged or blocked by AI-powered safeguards, and consider using alternative data to expand services to the underbanked.

Executives are reluctant to pull back on their big investments in technology, arguing they must stay competitive and that they have flexibility in other areas to trim costs if growth begins to stagnate.

This week marks the official start of Canada’s legalized recreational cannabis industry — and American Express, Visa and Mastercard are ready to handle the new market's payments, in a stark contrast to their stance in the U.S.

Stripe’s expanding global profile has come with a growing security risk operation, which will now be overseen by former Google security expert Niels Provos.

Seeking to bring advanced technology to its managed security services, ControlScan has acquired Dunbar Cybersecurity and its security operations center.

Trade groups say the National Credit Union Administration hasn't adequately explained how it plans to reduce its budget at the same time it asks Congress for increased oversight powers.

The U.K. market has reached a tipping point where consumers are conducting more in-store transactions using a contactless form of payment (card or phone) instead of a process that requires the card to be inserted into a POS terminal.

Twilio has secured the services of Stripe as a launch partner to enable businesses to accept payments over the phone through their existing Stripe account. The companies plan to offer Twilio Pay in early 2019.

Regtech — the intersection of regulatory compliance and financial innovation — is still taking shape in the U.S with some pushing for "tech sprints" to speed the development of new tools, while some see new threats and opportunities looming in the space. Following is a look at hot-button topics at American Banker's RegTech summit.

Worldnet is adding Google Pay to its cloud-hosted platform to address the pressure on payment service providers and independent sales organizations to securely embrace multiple payment channels and computing devices.