Bailey Reutzel

Apple's plan to launch Apple Pay in the U.K. with the support of a solid number of issuers came as no surprise — except for the omission of Barclays, the leading issuer and acquirer in the country.

Jack Dorsey will be doing double duty soon. The 38-year-old Missouri-native will be serving as the interim CEO of Twitter, while also continuing to serve as the CEO of Square Inc.

Banks are under significant pressure to modernize payments or lose customers to more nimble digital challengers. But regulatory obligations, which at times hold banks back from being innovative, are also the reason banks become the hero in resolving disputes over charges.

The Bitcoin Foundation's goal of promoting the new digital currency was quickly overshadowed by the personal and legal problems of its management. Now, under new leadership, the group aims to return to its original mission.

Investment in London fintech firms is soaring and young companies are being drawn to the area, especially the Canary Wharf district, thanks to the efforts of incubator Level39, a vibrant social scene, and close proximity to large banks.

The P-to-P industry in Britain has remained focused on individual investors, even as American firms have been courting institutional money. But the two markets may finally be starting to converge.

London is turning into a major payments and financial services technology innovation hub, luring venture capital and talent from the U.S. and other parts of Europe.

Pinterest is the latest social media platform to announce plans to monetize the products pictured on its browsing app through a buy button powered by Stripe.

U.S. acquirers are looking to expand their business in emerging markets, where small merchants are starting to enter the commercial framework.

Startup CP Security Inc. is taking on tech giant Apple in the digital and mobile payments ring, building what CP Security calls network fabric that will bolster payments security and reduce expense.