Bailey Reutzel

Silicon Valley Bank, which has found a niche working with payments and fintech startups on its home turf in California, is paying more attention to the innovation taking place outside the U.S.

Banks are starting to warm to the idea of automating supply chain finance to speed up payments that have traditionally been paper-based.

London-based Givvit has chosen Judo Payments to enable payments within its mobile gifting app.

While the payments industry has seen its fair share of division, many players are increasingly willing to work together.

As its military members quickly adopt facial, voice and fingerprint recognition, USAA is finding out the demographics of users skew older than expected.

More than 400,000 USAA customers, five of which are over 90 years old, have opted to use biometric traits to authenticate themselves within the bank's mobile app.

"Big data" has been all the rage in the payments industry in recent years. While the hype seems to have subsided a bit, that might be because the most dedicated data-using merchants have put their heads down to focus on sifting through the data to investigate fraud.

While startups across the globe focus on building new payments technology, countries may fare better by recycling their old technology when building a national infrastructure for faster payments.

Few businesses accept cards for B2B transactions, dreading an interchange charge of 2% to 5% on sales that total thousands of dollars. But there are instances where the benefits of using cards outweigh the cost.

Because biometrics can't be reduced to a single hash (a number generated from a string of text), providers that store biometric information must rely on the security of their encryption keys for safekeeping of data that can't be revoked.