Mobile wallets and related technologies are starting to look very different. Whether they are absorbed into other mobile offerings or removed from the phone altogether, these systems are looking less and less like the old-fashioned billfolds they replace.

By reordering and automating complex, labor-intensive processes, blockchain technology can enable organizations of all sizes to operate faster and more efficiently. As a result, blockchain is opening entirely new possibilities for product and service innovation.

There's a certain type of payment that's prone to fraud because the payer doesn't always know when a transaction is made, or even when the relationship starts.

An 11-page paper by the agency signaled its intent to take a higher-profile role in ensuring that regulators are not inappropriately hampering banks' adoption of new technologies to reach customers, while also keeping an eye out that institutions are able to handle the risks involved.

Despite email filters and training programs, bank customers still click on fake emails and malicious links at an alarming rate. Newer technologies and methods hold promise for getting phishing under control.

Three credit unions in separate states incorporated Fiserv’s DNA core accounting processing platform and integrated solutions during the last quarter of 2015, the financial technology company announced Wednesday.

A white paper released Thursday said the agency might issue new guidance on fintech product development, third-party risk management and new products targeting the underbanked; streamline its licensing procedures; and appoint experts on "responsible innovation." It is still deciding whether to open an office dedicated to monitoring the fintech sector.

MINNEAPOLIS – OnApproach, a CUSO that provides big data and analytics solutions for credit unions, on Monday said it has entered into a strategic partnership with Rate Reset to bring enhanced loan acquisition and retention software to CUs.

The payments pioneer is transforming its merchant cash advance into a business loan, a move that has significant legal and regulatory implications.

Peer-to-peer lending startup Ledge incorporates on millennial staples like social networking and open development to get on its feet while relying on a road paved by the financial services 'establishment' to go mainstream.

I don't normally buy $300 of pizza. But it's not as unusual as my credit card issuer might think, and that's part of the problem for prevailing identity management strategy.

Sweden-based Klarna has racked up solid success in Europe over the past several years with its buy-now, pay-later online retail services, but to crack the U.S. market it's going back to the laboratory.

Ryan Singer, CEO of startup Blockchain Health, explains how blockchain, multisignature and device ID technologies could give consumers greater control over their personal information — in this case, medical data — in the second part of a three-part conversation.Part I: 'Everyone Is Less Secure Over Time'

Model legislation in the works would give state legislatures a template for regulating virtual currency businesses. The Treasury is lobbying against clear exemptions for firms that don't control customer funds.

Bank of America now enables customers to directly enroll credit and debit cards in Visa Checkout within the bank’s online portal, simplifying the signup process for Visa’s streamlined e-commerce checkout service, the bank said March 30.

The ability to program value exchanges without risk of censorship, moderation or theft gives smart contracts a leg up in servicing users who lack a mainstream banking association.

Some debit card users are so loyal to their cards that many would go so far as to say using a PIN is more convenient — and less secure — than a using a signature, according to a recent report from Auriemma Consulting Group.

Square Inc. is introducing a new e-commerce tool that lets merchants collect payments on their websites, putting the San Francisco company in more direct competition with online payments leader PayPal Holdings Inc.

BMO is betting that newly popular biometric authentication options can solve an age-old problem—the headaches business travelers face when managing smaller expenses.

In the coming years, biometrics will be the leading security metric to protect payment systems, but a single ultra-hack could derail this progression permanently.