David Heun

The companies have built a product that attempts to beat the current standard of next or same day settlement.

American Express is putting its involvement in the Hyperledger Project to the test, deploying blockchain technology with Boxed to enable the digital warehouse merchant to customize a rewards plan for Amex cardholders.

Merchants and issuers have to step up efforts to slow down the flood of chargebacks, which in many cases could be thwarted by better communication between the two and the consumer.

Retail and hospitality payments software provider Veea Inc. is partnering with cross-border mobile payments provider Citcon to allow businesses using Veea services in the U.S. to accept Alipay and WeChat Pay mobile payments.

Plate IQ has integrated its automated accounts payable technology for restaurants with the new Square for Restaurants point-of-sale system.

Chase will have its place on the BigCommerce platform soon, as retailers will be able to accept Chase Pay on their online stores this summer.

Within sports venues, providers want to handle payments and integrate loyalty and other services through every facet of the ballpark and teams operating those facilities.

It's a race to the finish line that also affects U.S. companies with European customers. In these final moments, every company must at least show good faith in attempting to follow the law and having procedures and technology in place to do so.

Many technology developers yearn to invent the future of payments through software, but Toast is also reaching to the past by trying to perfect the hardware that surrounds the new digital tools.

China hasn't exactly opened its arms wide to embrace U.S. payments companies, but the nation has gradually become more accepting of the foreign payments businesses that view its tech-savvy population as a lucrative market.

The prepaid card issuer is attracting customers who are more inclined to seek it out through the app store.

When EMV chip cards were launched in the U.S., the initial fear in the security and payment industries was that fraud would migrate to e-commerce. But the migration has actually moved further along to the more lucrative venue of real-time Fed-mandated ACH payments.

Microsoft will use the Stripe Connect platform to enable hundreds of millions of Outlook users to immediately pay invoices and bills received via email in more than 135 countries.

The bank and European air carriers are hoping to cut into air fare payment fees that are as high as $8 billion per year.

There are lot of PINless debit transactions available to capture, and First Data's migration to dual messaging on Star supports any method a consumer may choose at the point of sale.

The spread of breached identity information has resulted in an outbreak of new account creation fraud with a new ground zero for the crimes pointing right at Latin America.

If Amazon Go and other omnichannel concepts are redefining self-service commerce, does the humble vending machine lose its relevance?

Helped by its role as a transportation fare option, Apple Pay enjoyed a strong second quarter, driving revenue in Apple's services division as well as the company's overall $61.1 billion revenue for the quarter.

The Society for Worldwide Interbank Financial Telecommunication has its sights set on expanding real-time payments in the Asia-Pacific region as part of its plan to further its first value-add service created from the Global Payments Innovation initiative.

Often thought of as the Square of Europe, iZettle is working to sprint ahead of its American rival.