Technology

International migration has hit an all-time high in recent years, with 250 million migrant workers across the globe. This has created a booming new international payments market for remittance providers.

They are good at helping track savings, spending and debt, but they do not always provide consumers with a complete picture of their financial health.

Singtel Group, owner of Singapore Telecom, launched a QR code-based cross-border mobile payments alliance with Thailand’s largest digital bank, Kasikornbank and Thailand’s largest mobile phone operator Advanced Info Service or AIS.

Speaking at an industry conference Thursday, two tech executives and a community banker said that community banks should be allowed to experiment with new products without worrying about running afoul of regulators.

In monitoring the patterns of a North Korean cyberattack organization that has stolen more than $1.1 billion from global financial institutions since 2014, security firm FireEye says these hackers are still at work in targeting a bank's access to the Swift messaging network.

Comparing the U.K. payments landscape to that of the U.S. is sometimes like comparing apples to oranges according to Ankit Kumar, manager of digital payments and mobile financial services at Gemalto.

Some mortgage lenders are tapping artificial intelligence and machine learning to improve operational efficiency and enhance the borrower experience, but complexities do exist in implementing the technology.

The company is offering short-term installment loans to its clients’ customers; even institutions not accused of wrongdoing may pay a price.

Payment forms on e-commerce sites are the most common target for formjacking attackers, writes Robert Capps, vice president and authentication strategist for NuData Security.

Worldpay is expanding its U.S. portfolio and has experience in sports betting to lean on.