David Heun

Despite the growth of digital payment options from technology companies, consumers are used to cash.

The two companies hope to reduce paper checks and speed processing by removing navigation for claims processing.

In a world filled with a growing number of options for instant and same-day payments, the paper check still holds strong as a barrier to innovation. But it could also be a sign of opportunity.

An agreement with Ecobank Group in Africa will result in Mastercard launching its digital Masterpass QR mobile payments across 33 countries.

Bluetooth beacons — small transmitters that retailers can use to broadcast offers to shoppers' mobile phones — have always lived at the periphery of the payments world. But that may be changing very soon.

Bank of America Merrill Lynch is integrating with digital payments technology provider ModoPayments so the bank's clients can access broader global payment networks.

Stores are realizing that they don't want to duplicate Starbucks' success.

Mastercard's $924 million buy of VocaLink was the highest value acquisition in the payments industry during the third quarter.

Businesses and consumers using Ingo Money will be able to pay credit card bills through U.S. MoneyGram locations.

Mobile payments are catching on in Europe at a fast clip, as the number of consumers regularly using a mobile device for payments has tripled since 2015, according to new Visa research.