Small banks have limited resources to address cybersecurity, but more are turning to advisers and auditors to develop strategies that can keep them safe and compliant.

A group of Canada's largest banks has invested $27 million in SecureKey Technologies as the Toronto-based security company preps a new digital identity service for 2017.

A strong and dynamic risk detection system requires focusing on the most important blind spots not satisfactorily explained by existing tools, rather than focusing on the "answers" produced by those tools.

In a world that is moving faster than ever before, consumers complete transactions at the register with a simple tap of a phone and transfer money across accounts in seconds.

The EMV and mobile wallet movements have split the retail industry, leaving payment companies in the delicate position of having to support clients with very different technological profiles.

An online loan-decisioning and funding app for credit unions is the winning idea in this year’s KnockOut innovation competition from PSCU, a 24-hour “hackathon” that aims to find new technology solutions for credit unions.

Empower Credit Union West Allis, Wis., has converted to Symitar Episys core processing system provided by Member Driven Technologies.

Mastercard's $924 million buy of VocaLink was the highest value acquisition in the payments industry during the third quarter.

Longtime Amex exec Alfred F. Kelly Jr. will be taking over as Visa CEO at a time when much is at stake for the global card network.

Early pioneers of this form of artificial intelligence in the banking industry see clear benefits but unexpected pain points that have to be addressed.

Biometric security company Hypr Corp. has closed a $3 million funding round to accelerate the development and adoption of its encryption product.

Attendees at this year's American Bankers Association conference are fixated on the election, fintech competition and banking's changing landscape. While optimistic, many are still wondering where their industry is headed.

Businesses may need to rethink their approaches to identity verification for millennial consumers.

Rhode Island, while geographically small, represents strong business prospects for London-based WorldRemit.

The Federal Financial Institutions Examination Council reiterated Monday that its cybersecurity assessment tool is voluntary, despite bankers' fears that not using it could put them in hot water with their examiners.

The Federal Financial Institutions Examination Council reiterated Monday that its cybersecurity assessment tool is voluntary, despite bankers' fears that not using it could put them in hot water with their examiners.

U.S. Bank is using geolocation to make sure customers' card transactions are approved when they are traveling. It is just one example of how more companies are asking customers to let them track their phones.

Australia's banks have submitted a formal statement to the Australian Competition and Consumer Commission slamming Apple.

Financial institutions are expected to spend more on technology in the coming year, with the cash earmarked for things like upgrading mobile apps and adding self-service tech in branches.

Tablet-based point of sale terminals may look sleek and modern, but under the hood they must wrestle with many of the same challenges that older hardware faces.