Economic news

Consumers don't want to feel disconnected from retailers in e-commerce, and don't want a complicated checkout experience, writes Jason Fordham, vice president of product at SmarterHQ.

Currency fluctuations and government policies in countries such as Venezuela are boosting the virtual currency market and putting traditional players on notice, writes Sergey Ponomarev, CEO of SONM.

The world needs faster and cheaper international payments, but more than that it needs censorship-resistant ways to transact.

The vast majority of financial services executives surveyed by Cognizant predict open systems like bitcoin will gain greater prominence over the next five years — slightly more than said the same for private blockchains.

The expansion of the Federal Reserve’s portfolio of Treasury debt and mortgage-backed securities has a bigger impact on the credit markets than paying banks interest on excess reserves.

Contrary to others’ opinion, interest on excess reserves is part of the Federal Reserve’s monetary policy that serves to reduce volatility and encourage growth.

Dan Morehead’s Pantera Capital Management, which calls itself the first U.S. bitcoin investment firm, is buying other digital coins.

American Banker reporter Brian Patrick Eha shares stories and thoughts from his new book, "How Money Got Free: Bitcoin and the Fight for the Future of Finance," and two fintech leaders explain why Charlotte is destined to be the next big fintech hub.

Readers weigh in on the in-store branch model, how community banks hone their message, the difficulty cash-strapped consumers face in finding bank loans, and more.

A new tariff on Canadian lumber threatens to further disrupt homebuilding at a time when lenders are increasingly concerned about a purchase mortgage resurgence that has failed to materialize.

In its regular Beige Book report, the Federal Reserve said that despite high consumer confidence, economic vital signs remain mixed.

In the end, many of the reforms designed to protect the global financial system and leading global economies from future crises could be erased.

The Federal Reserve is right to look at shrinking its bloated balance sheet. But if it doesn’t simultaneously stop paying banks to hoard money, the Fed will create the next recession.

Pizza Hut has played a large role in building China's middle class. It's also a major cog in Ant's investment in Yum China.

SkyShopper enables Emirates NBD’s credit and debit card customers to make purchases from retailers through a single portal.

Since e-commerce retailers often don't have the same personal relationships as traditional retail, it can be harder to dispute chargebacks.

Messaging app Kik Interactive is the latest and potentially most well-established company to delve into a quirky new form of fundraising -- creating its own digital currency.

Bitcoin’s dramatic surge may be more than just a speculative frenzy. The recent rally is being driven partially by enthusiasts rotating out of riskier digital assets and into the more established cryptocurrency, according to industry executives.

Blockchain platform's capital raising is its biggest to date; mutual fund giant now accepts digital currency in its cafeteria as CEO Abigail Johnson embraces it.

Peach Aviation Ltd. will become the first Japanese carrier to accept bitcoin as payment for airline tickets as the discount airline aims to attract more tourists from other parts of Asia.