Technology

Former Goldman employee and an NFL player charged in insider trading scheme; Sewing says the bank’s “global ambitions are not up for debate.”

Nedbank Money users can store payment card data in just one app for all the main South African scan-to-pay schemes, representing a combined footprint of over 100,000 retail points of presence and 800 billers.

There is space for banks to enter a market they largely ignore, according to William Phelan, president of PayNet.

The Lightning Connector eliminates the need for merchants using the Square Reader to rely on a 3.5mm headphone jack of a smartphone or tablet to operate with its mobile app.

The LendingClub founder responded to being booted from his company by starting a new one with involvement from former investors — and a loan buyer he had supposedly wronged.

The two companies were part of an $8 million funding round for Paystack, a company with a model similar to Square.

Very few organizations have adopted blockchain technology for any meaningful day-to-day use. But a change could be afoot.

Younger consumers’ intimacy with technology and wariness about traditional financial markets means these demographics have more trust in crypto, writes Csaba Csabai, founder and CEO of Inlock.

OCC proposal would broaden the types of loans that would count toward CRA obligations; new law helps parents freeze accounts of minors.

Digital ID platform developers are competing to sign up partners to deploy their technologies to replace vulnerable usernames and passwords with a single sign-in. The challenge is to sign up a sufficient volume of partners to make these platforms attractive for consumers and businesses.