PayPal has joined a funding round for startup Cambridge Blockchain, reportedly the first investment the online payments giant has made in distributed ledger technology.

The rally that sent Bitcoin to its highest level since November lasted 60 minutes and may have started with an April Fool’s joke.

Financial startups are becoming important partners for community banks and credit unions, despite lobbying efforts to limit their growth.

The executive is leaving after two years of coast-to-coast commuting; the interest rate on the loan declines as the borrower achieves technology goals.

The FIS-Worldpay and Fiserv-First Data combos do provide notable scale, but the even-larger companies still won't produce the same pace of growth that younger nimble fintechs enjoy, says Eric Grover, a principal at Intrepid Ventures.

As N26 schedules its launch for midyear, it will face off against other startups and mobile-only spinoffs from incumbent financial institutions.

Lining up leadership and securing staff support are important building blocks for banks eager to become more tech savvy.

The bank is one of many to realize that artificial intelligence is only as good as the data fed into it.

Edward Rostohar was arrested after his wife informed authorities he stole from CBS Employees Federal Credit Union and was preparing to flee the country.

While many Americans and Europeans are comfortable using biometric authentication to access their smartphones and bank accounts, the real leader in biometric adoption for payments is actually the government of India.

Some fintechs have figured out how to provide international students and immigrants with credit cards and loans. Machine learning makes the underwriting possible.

The San Francisco-based online lender said that the departures of two prominent board members are not the result of any disagreement with the company.

Under the hood of U.S. Bank's new mobile app; BofA, Wells Fargo sour on blockchain; are Fannie and Freddie too big?; and more from this week's most-read stories.

In the emerging ecosystem economy, merchants will need to provide a seamless buying journey for customers. That means everything from a dynamic user interface and smart authentication to contactless payment options for faster transaction times, writes Paul Perry, a contributor for the technology company Relay.

Community and regional banks may not be able to outspend their larger rivals, but they can be more nimble in implementing the necessary culture change.

The internet giant's planned gaming service may create an omnichannel model for banks to emulate.

The central bank said the supplemental document “provides significantly more information on the stress test models that are used to project bank losses, compared to disclosures from past years.”

The firm wants to expand its acceptance in the United States only to accommodate Chinese tourists, a company official said Thursday. But the CEO of a U.S.-based payments firm expressed skepticism.

A new outreach effort will target parts of New York City to help boost membership at several African-American credit unions.

They haven't thrown in the towel yet, but comments by top executives at the two big banks suggested that their interest in finding financial services uses for distributed ledgers is wearing very thin.