Technology

Once these security and convenience issues are addressed in the mind of consumers, we will likely see a faster mainstream adoption of digital payments, according to Matt Tatham, manager of content insights and data analyst at Experian Consumer Services.

The recent tariff escalations could cause financial pain for specific shopping corridors, particularly in price-conscious locales.

Within hours of learning about the breach, Brinker International, parent company of the Chili’s chain, issued a news release, website notice and social media advisories informing consumers and other interested parties of the incident, writes John Gunn, CMO of OneSpan.

Mastercard and Worldpay are embarking on a strong push to promote Mastercard's Pay by Bank system, which will likely face a deluge of competition under the updated Payment Services Directive (PSD2), which took effect this year.

Goldman’s next CEO pushes for more women in senior roles. Fifth Third’s program to retain new moms is working. And there’s good news and bad news at Bank of America, as it bulks up on female summer interns but pays out millions to an exec fired over sexual harassment claims.

Merchant acquirers have moved mountains to embrace software and e-commerce over the old model of selling point of sale hardware, but there are signs that transformation is not enough to please investors.

Citi and other banks are investing in automation aimed at speeding up the old-fashioned process for institutional clients' receivables and payables.

State Street said it would suspend a share repurchase program and issue common and preferred stock to pay for the deal.

The regulatory relief law passed this spring contained a measure to stop synthetic fraud, but the provision is incomplete.

Digital payments are becoming a critical aspect of nearly every new service for merchants or financial institutions.