APIs

The new year will ring in developments in the ways banks use chatbots and other artificial intelligence, and produce digital products and services.

While European banks worry about losing revenue because of the new Payment Services Directive (PSD2) requirement for opening up access to application program interfaces (APIs), they will benefit from the coming marketplace of premium APIs.

Munich-based digital bank technology provider Fidor and Token Inc. have signed a memorandum of understanding to develop services enabling banks to control the way they share data with third parties.

To launch its payments platform, Digitzs used crowdfunding as an alternative to the traditional venture capital. Its founder explains how it made that happen.

When Stripe Inc. launched its e-commerce payment services in 2011, the San Francisco-based startup wasn't presenting itself as a major threat to online giant PayPal — and even with its new $9.2 billion valuation, it still might choose a different path.

On Dec. 7, Dwolla will drop its consumer-facing applications like its mobile app and Dwolla.com

Donald Trump’s stunning upset in the presidential race on Tuesday is likely to embolden his followers to push for changes to Internet law that could significantly alter how financial technology is conceived, built and delivered to market.

Consumers may wholeheartedly trust the biometric security built into their smartphones, but banks could be doing more to protect them.

The long-term promise of mobile wallets has been that plastic cards could disappear, even from the point of issuance.

Application programming interfaces have grown so quickly, they're no longer the future of payments. They're the present.