No one was more surprised by this year’s winning entry in PSCU’s KnockOut competition than the champions themselves.

The founder and president of Anthemis Group gets an early look at all types of fintech innovation. She's noticed that, no matter how different the ideas are, there is one underlying commonality in this sector: it's lacking something profound. Here are some small changes that could make a big difference.

Open source development has joined blockchain technology in a bid to take a bite out of banks' long-standing control over the international payments market.

By establishing its e-commerce fraud prevention system as a "mobile first" platform, Forter worked to get a step ahead of a growing trend — that many new retailers accept only mobile payments through their apps.

CO-OP Financial Services will offer its online bill payment system in partnership with CUProdigy.

Recipients of the 2016 FinTech Forward awards discuss how evolving technology will reshape banking in the years ahead.

Hitachi Ltd. is introducing a system to protect people from being conned into transferring money from their bank accounts at automated teller machines.

Samsung sees banking as a long game, and Samsung Pay is its first move. As mobile banking grows, the Korean electronics company believes financial services is ripe with opportunity.

What matters is what the customer gets, not how they get it. Investing in digital distribution yields little unless banks are delivering the products and services that customers crave.

As cars' onboard computers get smarter, payments are coming along for the ride—but always taking a back seat to other features.

The cyberattack on internet service provider Dyn that shut down websites all over the world showed the dangers posed by internet-connected things. That includes many machines commonly used in offices and branches.

There's a lesson for banks and credit unions in the cyberattack that took down PayPal, Netflix, Facebook, and other sites for hours – and it's not just "have a backup domain name system provider."

When Early Warning acquired clearXchange—soon to be renamed Zelle—late last year, the acquisition was applauded by banks that make up the P-to-P payments network because it brought Early Warning's various fraud detection technologies into play.

Issuers and merchants aren't collaborating enough on resolving disputes and managing bad charges. More transparency and collaboration will help.

If online merchants can keep their sites secure, they stand to make big gains from a consumer base that is overwhelmingly willing to play its part in protecting payment credentials.

IBM took the banking world by storm last month when it revealed its planned acquisition of Promontory Financial Group. Now, it has unveiled IBM Pay, a perhaps unexpected and yet unsurprising addition to the technology giant's Watson Commerce unit.

MemoryBank, a new digital-only bank unit of Republic Bank & Trust, aims to serve the sweet spot of customers who are digitally savvy but also have money.

The Office of the Comptroller of the Currency is expanding efforts to encourage the development of new banking products, announcing Wednesday that it will establish an office of innovation to spearhead research and communication related to fintech.

UBS is piloting a program with Alexa, Amazon's chatbot. Clients won't be able to ask Alexa about their portfolios yet, but they can ask questions about the economy.

WASHINGTON – The Treasury Department’s Financial Crimes Enforcement Network issued a reminder to banks that their obligations to report suspicious transactions also extend to certain cybersecurity attacks.