Technology

Swedish financial services provider Klarna Bank has boosted its U.K. foothold by agreeing to buy merchant bankers Close Brothers' retail financing portfolio.

Small banks and credit unions are searching for a high-tech edge over big-name financial institutions, and Amy Gililland at the technology firm Kasasa says it’s a goal that is within sight.

Acquiring fintechs can be a smart way for banks to access needed tech talent, but they must be careful not to stifle innovation in the merger.

By leveraging strategic partnerships and utilizing technology developed by the Pays and other innovators, banks can build a Siri-style experience, according to Stani Kulechov, the founder and CEO of ETHLend.

Each major disaster is a real-world testing ground for payments technology, but it can also be a stark reminder of the limits of these advancements.

Readers react to a new housing finance reform plan, weigh systemic risks posed by fintechs, debate the potential return of the Glass-Steagall Act and more.

Fresh off the heels of having recently raised capital of more than $12 billion in its latest funding round before a potentially lucrative IPO, Ant Financial Group, the operator of Alipay, is rapidly expanding its acceptance network outside of China.

At this year’s Swift Business Forum in New York, executives said banks can build "more intelligent routing" to speed up payments and reduce the cost of processing and delivery.

Electronic payments processor Mobile Credit Payment has launched an app that allows small businesses to invoice customers through social media channels and accept various payment methods.

Two of the credit union movement's biggest names are teaming up to help CUs better tackle big data.