John Adams

American Express' financial performance is already suffering from the pending loss of its Costco card business in U.S., pressuring the company's focus on emerging payments technology to provide a financial lift to calm nervous investors.

American Express' financial performance is already suffering from the pending loss of its Costco card business in U.S., pressuring the company's focus on emerging payments technology to provide a financial lift to calm nervous investors.

Several issuers use card controls to soothe consumer fears, and Discover is building on this foundation to engage consumers at the network level and encourage more frequent and sophisticated use of mobile devices.

Google has scrapped and rebuilt pieces of its mobile wallet many times, and it looks like those years of tinkering are paying off as more merchants adopt Google Wallet.

After some delay — and the failure of an earlier project — Australia's New Payments Platform (NPP) is on track to go live sometime in 2017, as much as a year after its original goal.

Google has scrapped and rebuilt pieces of its mobile wallet many times, and it looks like those years of tinkering are paying off as more merchants adopt Google Wallet.

While issuers and merchants scramble to issue EMV-chip cards in the U.S., Gemalto is taking a longer view into the cards' environmental impact when they are discarded as part of regular reissuance.

The payment companies that serve micro merchant communities face many inventive fraud schemes, and the fraudsters behind them are getting wiser about how to appear legitimate.

After a making a number of adjustments to overcome a shaky start, Google Wallet is starting to build momentum with merchants, this week adding Shopify, Dunkin Donuts and Seamless to the roster of companies supporting the search company's mobile wallet.

Despite the criticism, prepaid cards are hooked on celebrity branding, with marijuana icon Tommy Chong being the latest to lend his name to a card designed for legal marijuana purchases.

Rent payments are among the few lingering paper-based transactions, though a subset of the payments industry is shaking the trees to find ways to change that.

Brightwell is attempting to carve out a niche in the crowded prepaid card market by focusing on reducing the amount of cash carried at sea by ships' crew members.

Modern payment terminals are streamlining the update process for merchants by enabling instant updates of their capabilities, and U.S. Bank is taking advantage of this technology to rapidly get new offerings to market.

Fresh off its success in the Philippines, Seattle-based transfer company Remitly is using mobile security and other digital features to tap other markets, where an endless supply of competitors and fraudsters await it.

PayPal will pay a $7.7 million fine for processing payments from customers that have ties to sanctioned parties on a U.S. Government list.

Keith Rabois, the former chief operating officer of Square who resigned that role in 2013, will leave Xoom's board of directors on May 28.

Waffle House is proudly behind the curve—its wait staff verbally calls in cook-to-order meals, it didn't take credit cards until 2006, and it has long used old-fashioned cash registers.

Google's attempt to capture the "stickiest" part of many online banking relationships could eventually help put it at the financial center of the consumer's life.

PayPal will pay a $7.7 million fine for processing payments from customers that have ties to sanctioned parties on a U.S. Government list.

Ken Tye, senior vice president and chief information officer at Total Systems Services, will retire at the end of September, marking the departure of another long-time executive at the Columbus, Ga.-based processor.