Technology

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.

With the advent of the quantum computing, current encryption algorithms stand to be broken, and all of our data could be vulnerable as a result, writes Malte Pollmann, CEO of Utimaco.

Starbucks achieved rapid adoption of its mobile card app by building it on top of the highly successful Starbucks closed-loop gift card. Such a model could also apply to the cannabis market, which is largely shunned by mainstream banks and card networks.

Readers weigh in on the Federal Housing Finance Agency's leadership structure, react to a recent data-sharing debate, opine on whether banks should let consumers use their credit cards to buy bitcoin and more.

India's regulatory approach shows it's serious about supporting myriad international payment technology plays, in contrast to China's doing the bare minimum to satisfy international pressure for openness.

About 15% of Walmart’s workforce is budgeting and taking pay advances through the app.

Tokenization as a technology is suitable to support multiple payment use cases via a single system, ensuring emerging commercial models and the ability to adapt to new requirements are not constrained by an inflexible security framework, writes David Worthington, vice president of payments at Rambus.

The agency creates “regulatory sandbox” to help develop products, including crypto-based ones; FSOC agrees bank’s failure wouldn’t wreck the financial system.