John Adams

Ant Group's Alipay teams up to expand mobile wallet acceptance, CaixaBank forms a cybersecurity consortium, Santander plans buy now/pay later for businesses, and more.

As one U.S. CBDC project comes to a close, it's increasingly clear that government-backed currencies can't succeed unless they are interoperable on a global scale.

By adding the Atlanta-based Paya, the Canadian payment technology firm can expand its client base in business-to-business transactions, government agencies, utilities and health care.

By opening a recording-artist accelerator featuring virtual worlds and nonfungible tokens, the company plans to reach an industry that appeals to young consumers.

As 2023 begins with an aura of economic uncertainty, businesses will seek a competitive advantage in how they accept and initiate payments, Dwolla COO Dave Glaser contends.

The payments firm plans to combine technology from these deals to appeal to the merchants that will need more flexibility and options to fight a potential recession.

Addressing concerns ranging from financial inclusion to the impact of China's digital yuan, central banks are running tests to determine how central bank digital currency transactions will work both domestically and internationally.

Fintechs shed thousands of jobs during 2022. But firms with strong balance sheets plan to pick up talent to drive innovation in the new year.

The companies, which reach thousands of merchants, recently launched environmental programs that use a network effect to cut carbon emissions.

The addition of in-person and online sales tools helps the company market itself as an alternative to processors and merchant acquirers for small merchants.

Centralized development programs for new companies provide access to potential clients and investors.

The card brand has opened a development lab and is expanding contactless payments and other initiatives as financial technology companies boost investment in a market where access to mobile commerce is exploding.

The payments firm is staffing up as it accelerates its expansion in the U.S., and anticipates a pool of available tech workers.

Bermuda launches a stablecoin; Canada cracks down on crypto; big banks make high-profile payment appointments, and other news.  

The payments company has expanded digital-asset management services to Luxembourg, a potential foothold for European Union expansion.

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.