Technology

Whether you're lounging on the beach sipping mojitos, hiking the Smoky Mountains, or, like many of us, taking a breather from household chores on your staycation, you still need an escape from time to time.

Gareth Burton comes to the banking technology provider from a multinational construction firm.

Two payments startups, PayStand and Quadpay, are collaborating with Silicon Valley Bank and First Data during a four-month accelerator program to explore mutual product development opportunities.

The U.K.’s Starling Bank markets itself as a digital bank that’s too modern for branches, and now it’s seeking an edge by offering a vertical payment card with all of the account details moved to the back.

With just two partnerships, eBay is cutting off a big opportunity for community banks.

To consolidate the data flows that are increasingly becoming part of real-time payment processing, Ingenico is turning to MapR Technologies to provide artificial intelligence and analytics to its platform.

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

Rather than ban screen scraping, financial institutions should improve secure account connectivity so that consumers can share data with the apps they want to use.

The new alliances follow EBay’s February announcement to gradually shift its payments processing business from PayPal to Adyen.

The bank entangled in probe of Michael Cohen; Mayopoulos to leave at yearend, CFO Benson to become president.