Technology

Paying international suppliers through a bank portal is a painful, expensive process that creates unnecessary friction for burgeoning cross-border trade. There are better fintech alternatives, writes Karla Friede, CEO of Nvoicepay.

Time is running out to apply to win one of Credit Union Journal's Best Practices Awards.

The credit union service organization focuses on predictive modeling, business intelligence and technology services.

Some startups are eschewing San Francisco and New York to set up shop in the middle of America. And for good reason.

In its push to compete more directly with Amazon, Walmart has partnered with American Express, enabling its customers to earn and burn Amex’s Membership Rewards points for e-commerce purchases on Walmart.com.

In a post-Equifax world, independent sales organizations, acquirers and payment processors are under much more scrutiny over merchant account applications and underwriting.

The cryptocurrency-focused merchant bank Galaxy Digital, led by a former Goldman Sachs partner, will start trading on a Toronto exchange this week. Its journey is a cautionary tale in regulatory risk.

Banks should continually try out new technologies, even after failed experiments.

For the millions of consumers who file auto insurance claims every year, many of whom use digital tools such as mobile apps to submit them, the process grinds to a halt when it comes time to receive their payment.

As smaller screens and internet-of-things devices become more prominent, credit providers will have to find a way to accept personal information without the convenience of a terminal and keyboard.