Technology

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.

At its current pace, the Global Payments Division of INTL FCStone Ltd. says it could process more than $1 billion in payments each year in Brazil.

Multifactor authentication is table stakes in today's breach-heavy environment. Falling short of that standard creates a dangerously high threat, according to David Vergara, head of security product marketing for OneSpan.

Dynamics has been in the high-tech payment card game long enough to see its market disrupted by two major shifts: the U.S. EMV migration and the launch of Apple Pay. Going forward, the company may find that the best way to deal with a fickle U.S. audience is to focus its attention elsewhere.

Dan Loeb’s Third Point has taken a stake in PayPal Holdings Inc. in a vote of confidence for the payments processor as it faces increasing competition from the likes of Amazon.com Inc. and Square Inc.

Europe's new data privacy rules have forced banks to get creative to protect sensitive data from in appropriate access or breaches.

The research, carried out in coordination with the all-party U.K. parliamentary group on blockchain, profiles companies, think tanks, innovation hubs and individual players in the U.K.

The news that Snap Inc. is shutting down Snapcash, a version of Square Cash offered on its Snapchat social media platform, may have less to do with P2P payments and more to do with the long-term future of the company itself.