Kate Fitzgerald

Following the departure last year of several top executives amid downward pressure on earnings, Diebold Nixdorf has named three people to fill its executive ranks.

Mastercard has named Donald Chesnut as the company’s chief experience officer to help drive a clear and consistent experience for Mastercard’s various audiences.

Citi wants to attract credit card customers who use its card for staples such as groceries and gas — a pivot from its past of marketing to the social butterflies who would use its cards on dining and entertainment.

London-based Vegannection has launched a prepaid card for vegans that’s accepted only at merchants that pass its standards test.

Samsung is exploring the development of a smartphone-based cryptocurrency wallet, according to a recent patent application the electronics giant filed in the U.K.

Nearly a year after Chinese phone maker Huawei announced plans to expand Huawei Pay internationally, the mobile payment service has gone live in Russia, its first foreign market.

As consumers grow more attached to mobile devices for e-commerce and payments, fraudsters are intensifying their focus on handsets with new phishing, vishing to SIM-swap tricks.

The National Bank of Kuwait is leveraging Ripple’s blockchain technology for a new cross-border payments service.

LifeLock co-founder Robert Maynard is behind a startup called SurchX, which hopes to capitalize on the confusion around swipe fees with technology that generates a surcharge amount customized for each transaction.

The boom in e-commerce—boosted by mobile devices—is spawning a record number of returns and associated shipping and payment hassles.

Facebook’s payments ambitions have made banks wary for years, despite many false starts. But now it looks as if Facebook is pivoting to develop a remittance business, starting with a cryptocurrency project in India.

The digital ID market has massive potential, but many fundamental problems that must first be overcome. Among them: The companies best positioned to provide a viable digital ID platform are not the ones best positioned to benefit from it.

The ubiquity of plastic payment cards makes it hard to imagine a future without them, but Japan’s JCB card network already envisions it.

FIS is collaborating with loyalty marketing firm Excentus to extend FIS’s consumer loyalty program to 13,400 U.S. Shell fuel stations.

TransferMate, a cross-border B2B payments provider based in Ireland, has announced plans to buy Devisenwerk, a Swiss foreign exchange firm, to expand its capabilities and geographic reach.

Cross-border payment startups like TransferWise and Xoom achieved rapid market growth by enabling consumers in emerging markets to receive funds via mobile wallets, cutting out intermediaries. Now legacy remittance giants Western Union and MoneyGram are improving their own resources to send funds directly to recipients' mobile wallets.

Working with technology developer Next Retail Concepts, Mastercard has connected to a virtual version of Los Angeles boutique retailer Fred Segal, where users may virtually pick merchandise on the shelves of the iconic store in West Hollywood, explore it from various angles, and make purchases with a discount for using Mastercard.

Mobile payments technology has fallen short of expectations in major markets, particularly the U.S., where less than 10 percent of consumers routinely use devices to pay in stores — despite more than four years of aggressive development from large technology companies and banks.

Germany-based Wirecard is working with Google to enable users of Wirecard’s boon mobile app to pay at any French merchant that accepts Google Pay as it becomes available in France.

Vipps International, a Norway-based payments service operated by a coalition of more than 100 Norwegian banks, is the latest to collaborate with China’s Alipay mobile wallet in a partnership to capture more payments from Chinese tourists.