The financial services technology provider Jack Henry & Associates is the latest company to collaborate with The Clearing House to speed processing, a move that will substantially increase the number of banks capable of executing faster payments.

In focusing on private blockchains, banks make the same mistake companies made in the nineties when they favored private information networks over the open protocols of the Internet.

The third party wallets, or the “pays” as they are called, are failing to make a splash. Mobile wallets which let you pay any merchant from your smartphone are simply not a reality today.

More than 20 credit unions and bankss have chosen Corillian Online ASP as the foundation for their digital banking platform, technology provider Fiserv said Monday.

SAN ANTONIO — SWBC's Lending Solutions on Tuesday said it recently enhanced the integration of its LendingXpress Platform with MeridianLink's LoansPQ Consumer Lending Loan Origination System.

The tax agency's struggle to protect sensitive data mirrors banks' own, and its shortcomings can also be found at financial institutions.

PayPal is partnering with venture development group Village Capital to accelerate financial technology innovation for underserved consumers and small businesses in the U.S., Latin America and India.

Hailed as a space- and cost-saver, interactive video teller machines don't always succeed as a strategy. Many banks offer them without a clear business case to justify the investment.

Even though it has had a presence in the market since 2014, Square Inc. has made its launch in Australia official as it begins to offer payment processing and sales of its mobile point of sale hardware and software.

In expanding Visa Token Service, the card brand is requiring issuers to stop using alternate personal account numbers in cloud-based mobile payments and instead converting to tokenization.

The CUNA Technology Council awarded its "Best in Show Award" to nCino for its Bank Operation System during the CUNA Governmental Affairs Conference (GAC).

The idea of banks becoming Token Service Providers (TSPs) is an increasingly relevant move.

In explaining the bank's commitment to the Chase Pay mobile wallet, an executive told investors in February that the mobile payment landscape was going to get more complicated before it gets simpler.

Spanish bank BBVA has acquired Finnish startup Holvi, a licensed payment company specializing in developing digital accounts for small business owners.

Safe Cash is cozying up to banks by portraying itself as an alternative to two very different corners of financial services—the established Swift bank transfer network and bitcoin, arguably the most well-known virtual currency.

Encryption keys are vital to the secure operation of payment acceptance devices. But key transport protocols have not kept pace with the movement toward standardized encryption practices. This adds cost and complexity to payment infrastructure and processes.

Atlanta is flush with payment processors that handle more than 70% of the nation's transactions. These players now plan to expand their reach even further, hoping to make the southern city a fintech hub to rival Silicon Valley and New York.

Putting bank venture clearXchange's push for real-time person-to-person payments in motion, U.S. Bank says it is one of the first to make the service available to its customers.

Adam Draper of Boost VC talks about the rise of the blockchain, the challenges of the bitcoin world and the future of banking.

A significant gap remains between the credit scores of women-owned companies and those owned by men, according to a Biz2Credit.com survey.