Technology

As gas stations add EMV-chip card acceptance at the pump, they will also find themselves rebuilding systems for loyalty programs and special offers that were reliant on their older hardware.

The Berlin company hopes to shake up the U.S. market with real-time, mobile-first, millennial-friendly banking, and the new infusion of cash from Allianz and Tencent will help.

The Clearing House expected to take some time to introduce its new network to financial institutions and play up its benefits.

Throughout the “user journey” from shopping to payment, a consumer can make different decisions without leaving the digital environment, whether through his mobile, his computer, or a digital assistant such as Amazon Echo or Google Home, writes Ignasi Barri, who works on business development, innovation and digital transformation at GFT IT Consulting.

Because Google Pay is already accepted at numerous mainstream merchants and is the default mobile wallet for many Android smartphone owners, it stands a strong chance of easing the friction of enrollment in a contactless fare system.

As the agency pulls back its enforcement efforts, it opens the door for state authorities to pursue more cases against financial startups for their data collection and privacy practices.

Google has rolled out a new program for merchants to help them battle Amazon’s dominance by routing consumers’ product searches across various channels and devices into a single Google-hosted checkout.

Alipay has partnered with FreedomPay and expanded an existing deal with First Data to deepen U.S. merchant acceptance at key destinations for Chinese tourists.

The main problem is that Amazon's Alexa, Apple’s Siri and Google Assistant can’t yet verify a person’s identity. But there are already workarounds for that issue — and the tech giants may solve it soon.

The bank’s distributed ledger for private equity deals can now provide nodes to auditors, so they can easily access documents and data for their annual reviews.