Technology
Technology
-
Techniques used to fund terrorism and launder money evolve rapidly. At the moment, new payment methods, specific conventional banking areas and even charities and non-profit organizations are all targets for launderers.
October 2 -
The news has been rife with stories about the "Bash" bug, which hackers can exploit to take over computers and wreak all manner of havoc. Here's what credit unions need to know to keep Bash at bay.
October 1 -
Capital One's new Capital One Wallet is a cardholder app for Apple's devices that uses an Android-like pattern-recognition feature for authentication.
October 1 -
Elliot Salzman, an executive at the $76 billion-asset BBVA Compass, belongs to a small club of lenders: those willing to take a chance on making home loans to risky borrowers.
October 1 -
Investor Carl Icahn, who earlier this year pushed eBay to make PayPal a separate company, says he is pleased with eBay's decision to do so but is not totally satisfied with the timing.
October 1 -
Coinapult, a Bitcoin wallet startup based in Panama, has raised $775,000 in venture capital with backing from FirstMark and plans to use the funds to reach new markets.
October 1 -
Despite the controversy over bending handsets and a broken iOS update, Apples iPhone 6 remains the must-buy addition to the smartphone sector, continuing to draw in the crowds.
October 1 -
By hiring former American Express executive Dan Schulman to lead an independent PayPal, the company is betting that his expertise bringing innovation to a well-established international payments company can ensure PayPal's survival.
September 30 -
InComm will work with the Merchant Customer Exchange to support digital gift card and loyalty programs for retailers, while also expanding MCX's CurrentC mobile wallet to more locations.
September 30 -
American Express has named Neal Sample as president of its enterprise growth division.
September 30 -
EBay's planned spinoff of PayPal, announced today, is a necessary and inevitable response to the influx of disruption coming to the payments industry from unconventional sources. As companies like Amazon.com, Apple and Wal-Mart take a growing interest in the payments market, PayPal's status as a unit of a rival e-commerce company limited its role.
September 30 -
PayPal, the payments unit of eBay Inc., will be split off to form its own company under the leadership of new president Dan Schulman, eBay's board of directors announced Sept. 30.
September 30 -
We usually think of card fraud as hurting just the merchant who accepts the card, but when one merchant accepts payment from a stolen card it hurts other merchants.
September 30 -
Shopkick is being acquired by SK Planet (SKP), and aims to replicate success of its Seoul-based buyer, which serves three-quarters of South Korea's population of 50 million.
September 29 -
The data breach affecting 216 of Jimmy John's restaurant locations had, at its source, an increasingly common exploit: remote-access passwords.
September 29 -
Circle Internet Financial, a Bitcoin startup, has launched its Web-based consumer wallet product out of beta for general availability globally.
September 29 -
Ukash is expanding its reach in Spain by working with Logista, giving the online cash payment provider a presence at nearly 13,000 more point of sale terminals in the country.
September 29 - PSO content
Payment software provider Fundtech has released an updated version of Global Payplus, its platform for processing different types of currencies.
September 29 -
Wal-Mart is both a powerhouse in retail and a pioneer in financial services. The company has championed numerous initiatives in prepaid and mobile payments, and it has also been quick to push back on technologies it does not like.
September 29 -
Banks will listen carefully to what regulators say next about virtual currency in the U.S., but in the meantime many financial institutions view Bitcoin as far too risky to touch.
September 29



