R3 CEV, the blockchain consortium backed by some of the largest global banks, has partnered with Microsoft to accelerate the deployment of distributed ledger technology.

Bankers are increasingly turning to their compliance teams to gain insights about customers for business purposes. Compliance officers, meanwhile, are turning to technology to fulfill their heightened roles.

Amazon's new global partner program focuses on working with online platform providers and developers, similar to how mainstream payment technology companies work with independent sales organizations to reach new clients.

When your members spend their days coding at Intel or developing the next big mobile app at tech startup, you can’t afford to take a wait-and-see approach to technology.

Recent devaluations of startups and other signs of trouble do not mean the end of fintech upheaval but rather the start of acquisitions and other repositioning to advance stability.

Western Union is beset on all sides by newer, nimbler companies wielding emerging technology to slice overhead from cross border payments, and it’s striking back by using its global bank relationships and huge infrastructure as an advantage.

In order for mobile payments to be successful, there has to be a sustained effort to communicate the worth and educate both the consumer and the merchant.

Amazon.com Inc.'s relaunch of its online payments business in 2013 was greeted with skepticism. PayPal Holdings Inc. had a huge head start and credit card companies like Visa Inc. already had products that made buying something on the Web as easy as swiping a card.

More than two-thirds of all U.S.-issued MasterCard consumer credit cards are now chip-enabled and the number of merchants accepting EMV transactions continues to climb, MasterCard said March 31.

Beijing-based payment processor PayEase Corp. now supports payments through Apple Pay in China.

The migration to EMV chip cards in the U.S. has hit enough snags that some may wonder if it's better to let someone else smooth things out.

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.