Data and information management

Startups and open-source software projects have raised $1.3 billion this year through initial coin offerings. The real boom may still lie ahead, fears of a bubble notwithstanding.

Next month, India Prime Minister Narendra Modi’s government will begin amassing a warehouse of virtual information collected not just from traditional sources like banks but also from social media sites, as it looks to match residents’ spending patterns with income declarations, said people familiar with the matter.

GlobalID stands out from scores of similar companies and projects by attempting to wed self-sovereignty with regulatory compliance. If its technology works, it could alleviate a major cost for banks.

Charging what people are willing to pay is an exact science, claims First Insight's Jim Shea, who contends the loyalty programs and price perks that merchants offer aren't always necessary.

When breaches occur it is the standard practice for the notification to come directly from the company affected. The difference with Discover's service is that, because it's an opt-in program, its users may already be bracing themselves for bad news.

UniCredit, Italy's No. 1 bank, said hackers took biographical and loan data from 400,000 client accounts in one of the biggest breaches of European banking security this year.

Visa is developing its first international transaction processing centers — one in the U.K. and one in Singapore — on the heels of other moves to accelerate digital payments growth globally.

The federal agency's investigative report concludes that crowdsales of blockchain tokens known as initial coin offerings may need to comply with securities laws.

The bank is drawing renewed scrutiny after a lawyer’s unauthorized release of sensitive client details for tens of thousands of accounts belonging to wealthy customers of its brokerage unit.

Cyberattacks are on the rise, but that doesn't mean becoming a victim is inevitable. The right preventative measures and best practices can help secure digital assets and customer data, writes Robert Fifield, co-founder of Payably.

Because of the opaque nature of internet retailing and widely publicized data breaches, security concerns remain a pervasive gating factor to digital commerce. Key to countering this is providing consumers with the tools to monitor and control where their payment credentials are stored online.

Bay Dynamics and Symantec are working together to better protect payments and personal data from insider threats.

Credit card or personal data transactions getting processed through IBM equipment will soon benefit from "one-click" data encryption in a powerful new mainframe.

The system can run more than 12 billion encrypted transactions per day and can automatically keep applications, cloud services and databases hashed.

A new blockchain network that promises to compete with Ethereum is taking the token sale trend to the next level.

Artificial intelligence can help wealth managers serve clients better, but some say the technology is too immature to be useful right now.

Some merchants, issuers and processors are concerned that the card brands will tout their "ownership" of payment card prefixes as a basis for requesting that mobile transactions on their cards be routed to their networks and screened through tokenization services they provide.

The companies will use an application programming interface to let Chase customers send the data to the apps Finicity supports, including personal financial services apps and income verification tools.

It’s not speed, which will steadily if not exponentially increase in the near term. It’s the centralists that are holding onto their roles as reconcilers of data.

Using technology from the blockchain startup Ripple, the U.K.'s central bank completed a successful proof of concept—and reaffirmed its goal of integrating with distributed ledgers.