John Adams

Attacks designed to gauge the value of a stolen card are growing quickly as the transaction mix becomes more digital, with smaller and more frequent purchases.

Payment fintechs are finding that their best opportunities are overseas — and for a lot of companies, that means building a market to take on American incumbents.

A $1 billion investment from Credit Suisse gives the startup the means to bring its all-in-one payment card to a new market.

The transfer service is reportedly building a standardized system to reimburse victims. It could take a lot of complex work to execute the plan.

Banks like BNY Mellon can compete with payment tech startups, or they can partner with them to make the most of their innovations. But in doing so, they give a potential competitor a direct line to the bank's sizable customer base.

The card company has rapidly expanded its business products this year, focusing on the hardships caused by inflation and supply-chain issues.

Bank of the West and Mastercard are separately advancing use cases for digital issuance to overcome the supply-chain slowdowns and other issues straining the global economy.

The Swedish buy now/pay later lender insists it is on a path to profitability, despite mounting losses.

The bank-led peer-to-peer payment system reportedly wants to standardize how it handles reimbursements for fraud. The move would have to both reassure consumers and keep regulators at bay.

Firms like Visa, Mastercard, Barclays and JPMorgan Chase are expanding hubs and accelerators as technology experts look for new jobs and entrepreneurs look for new ideas.

The collaboration with Thunes enables millions of underbanked mobile wallet users and merchants to perform digital cross-border sales, providing another route to cut processing costs.

A partnership with Singapore authorities and a project with a network of banks aim to demonstrate the viability and interoperability of central bank digital currencies.

Sometimes the right worker has the wrong skills. The card network's lab in Chicago is hiring people with general technology expertise, then training them for specific tasks.

The companies are improving the way older, "offline by nature" industries like steel and food services handle transactions and financing.

In global news this week, Spanish banks test a CBDC, RBC offers buy now/pay later in Canada, and Microsoft expands its relationship with a British fintech.

The financial institution is offering tools for merchants to make better use of the viral video platform.

Companies like Blockchain.com are teaming up with traditional financial firms to meet a demand that has endured despite the crash in many digital currencies' valuations.

Musk's public statements provide a rough road map for the creation of a financial services business. Social media sites has been down this road before.

As the CEO of Navy Federal Credit Union, Mary McDuffie can never lose touch with the needs of a young membership stationed across the globe.

The merchant service firm's stake in SoftPos.eu, which supports software-based smartphone payments, positions it to better serve the businesses that want to move away from traditional terminals.