Technology
Technology
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Banks sharing cyberthreat data is not new. But more information-sharing groups are forming, and technology is improving, to advance the effort.
August 16 -
To discourage scalping, the New York Comic Con asked online ticket buyers for personal information up front. The backlash shows the challenges of protecting identity in the digital age an issue banks and fintech firms are exploring.
August 16 -
China UnionPay has launched its NFC-based QuickPass mobile payment system in Canada, marking its first acceptance by merchants in North America.
August 16 -
Badlands Federal Credit Union in Glendive, Mont., and Danville City Employees Federal Credit Union in Danville, Va., have partnered with Fiserv to offer their members speedier digital banking, payments and card management tools.
August 16 -
The early morning exercisers who stop at Thrive Café in Loves Park, Ill. may be drenched in sweat and dressed in outfits devoid of any pockets, but they can still pay for their post-workout refreshments without a wallet or phone.
August 16 -
Smart contracts, which automate parts of payment agreements, are the key to using blockchain technology in complex financial transactions. However, there are still open questions and concerns about how smart contracts operate in the real world and whether they can be trusted.
August 16 -
Microsoft Wallet has a substantial consumer base, particularly stemming from its gaming business, through there aren't a lot of banks that support its mobile payments technology. The software picked up some bank momentum with this week's addition of PNC.
August 15 -
ItzCash and Indias RBL Bank have formed a partnership to launch the countrys first cobranded prepaid card powered by the government-backed RuPay Network, the latest example of India's efforts to rapidly accelerate financial inclusion.
August 15 -
In a harsh reminder that hackers have found hotel point-of-sale systems to be a treasure trove, HEI Hotels & Resorts is informing its customers of a potential breach affecting their credit cards.
August 15 -
Heather Cox, the chief executive of Citigroup's financial technology unit and a key executive behind the bank's early embrace of wearable technology for payments and other financial services, is headed to USAA, an institution with a military-heavy client base that relies on digital transactions.
August 15 -
Bitcoin skeptics continue to misunderstand a technology that could forever change the way financial services operate. Here are four common and incorrect beliefs on why bitcoin will fail.
August 15 - PSO content
Shared technology resources such as application programming interfaces (APIs) may have a new audience as companies adapt to the rapid market shifts following the Brexit vote.
August 15 -
Nostalgia no doubt helped drive the recent Pokémon Go phenomenon, but another factor one that will become critical to retailers future success was also at play.
August 15 -
The federal government recently began to discourage companies from using SMS-based authentication in their two-factor authentication schemes. So do banks need to completely eliminate authentication via text message? Not entirely.
August 12 -
ICBA Bancard has bought an agent bank portfolio from Fifth Third Bancorp in Cincinnati that carries about $98 million in credit card receivables.
August 12 -
For years, Tian Jia made the kind of returns on his money that investors in the rest of the world could only dream of. The 29-year-old Beijing-based programmer had $440,000 on deposit at the Hong Kong bitcoin exchange Bitfinex until last week.
August 12 -
Banks have gotten better at detecting digital banking fraud, but the process of closing and reopening accounts is still a mess and that is what could send more customers packing.
August 12 -
The Rio Olympics has a lot of fans and athletes on high alert over concerns about contracting the Zika virus or competing in contaminated water, but the risks of financial fraud are another major concern.
August 12 -
Even though studies are showing that an increasing number of users are giving the mobile wallet technology a try, only a few are reported to be using it on a continuous basis.
August 12 -
New documents shed light on the recent incident in which many prepaid card users reported that they were unable to access their own money.
August 11




