Technology

The threat that mobile would displace plastic never came to be. But the new technology — often developed by retailers and other nonbanks — nevertheless forced issuers to take stock of their own offerings.

The Atlanta company partners with banks and merchants to offer consumer installment loans. It could seek to raise as $1 billion as early as this summer, according to a published report.

Alibaba is investing billions into mobile ordering technology in China — but what is more fundamentally American than spending large amounts of money on food?

The funding round comes on the heels of what BitPay cited as a record year in 2017 in processing more than $1 billion in bitcoin payments.

The concept of privacy is evolving in the digital age in ways that demand new attention from policymakers. As stewards of considerable personal information, banks should prepare to take part in this debate.

Alibaba Group Holding Ltd. is buying full control of the startup Ele.me as it steps up efforts to expand in China’s fast-growing market for local delivery of food and other services.

Slowly and silently, 10,000 free-to-use ATMs are set to disappear from Britain’s high streets over the next four years — despite recent findings that at least 3 million people across the U.K. rely on cash for almost all of their day-to-day payments.

Fintech firms likely to take a third of traditional bank revenues by 2025, Citigroup report says; Saks, Lord & Taylor say five million card accounts were accessed.

Until the technologies provide significant savings, cryptotokens threaten financial stability, and the risks of open access to central bank balance sheets are worked out, retail CBDCs are a long way off, writes Collin Canright, a fintech consultant.

Elizabeth Rossiello heard that cryptocurrencies would be the next big thing so she founded BitPesa. And while she benefited from the initial craze around bitcoin and blockchain, her company also shares bitcoin's reputational wounds.