Payment companies are increasingly adopting biometrics to replace more traditional authentication. That's a good move, but it also comes with a whole new set of risks.

Santander Bank is offering commercial customers their own mobile banking app. Businesses owners can use the app to deposit up to $15,000 per day without visiting a branch as well as to transfer funds between work and personal accounts.

Ransomware attacks are on the rise, as cybethieves find other types of exploits less profitable and bitcoin helps them cover their tracks. Financial institutions must strategize how to avoid becoming victims – or, failing that, mitigate the damage.

Citigroup customers can now dispute credit card charges through its app, one of several mobile enhancements the company rolled out Wednesday.

While some banks allow existing customers to pay by selfie, BBVA is using them to get new customers.

Ransomware attacks are on the rise, as cybethieves find other types of exploits less profitable and bitcoin helps them cover their tracks. Banks must strategize how to avoid becoming victims – or, failing that, mitigate the damage.

The Spanish bank has launched a new “online onboarding” feature, which allow customers in Spain to open an account on a mobile device and verify their identity via a photo snapped from their mobile device, it announced Thursday.

Corelation has signed three new credit unions to its KeyStone platform.

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

Recipients of the 2016 FinTech Forward awards discuss the way their conversations with banks have changed over the last year as banks become savvier about serving their customers in a digital world.

If modified, the cybersecurity standards in New York State are a step in the right direction to protect banks and consumers.

Omnichannel commerce demands multiple layers of technology, and each layer adds a risk of latency and friction at time when payment companies can least afford it.

Fifth Third Bancorp in Cincinnati has named Aravind Immaneni chief operations and technology officer.

Disintermediation is so five years ago, according to Cross River Bank in New Jersey. It just raised $28 million from Silicon Valley. Now, it wants to enhance its compliance system so it can partner with "riskier" fintech startups and, effectively, enable the industry's so-called disruptors.

Payment security isn’t the highest priority for millions of consumers who increasingly use smartphones to buy games online, a new study suggests.

CorePlus Federal Credit Union in Norwich, Conn., has selected COCC as its new core processing provider.

Antony Jenkins, the former chief executive of Barclays, has formed a startup with the aim of offering API-driven, cloud-based core processing services to banks.

A new solution designed by credit union professionals could soon allow consumers to more easily change payment settings for purchase at retailers such as Amazon and Netflix.

Online lenders' struggle with fraud is driving them to join new networks designed to find links between fraudulent loan applications and signs of borrowers trying to obtain multiple loans simultaneously.

Similar to a bank system merger or migration, a blockchain core conversion project would likely take multiple years and cost tens, if not hundreds, of millions of dollars depending on the size of the bank.