Kate Fitzgerald

It would have to take something big for consumers to flock to a mobile wallet en masse. Whether it meant to or not, California-based RadPad found out what consumers wanted, but it wasn't prepared for the aftermath.

Fuel card issuers in recent years have consolidated operations through acquisitions. Norcross, Ga.-based Fleetcor in 2014 purchased Comdata for $3.45 billion, and WEX in 2012 bought Fleet One.

With the Consumer Financial Protection Bureau expected to release tighter rules for prepaid cards in the next several weeks, prepaid issuers are pushing what they see as advantages over banks, such as fast access to payroll funds.

There’s no way to gift-wrap the EMV woes for issuers and retailers around the upcoming holiday sales season.

Diebold Nixdorf’s shiny new corporate moniker is already threatened by a possible deep investigation by U.K. authorities into the company’s possible anti-competitive violations.

As it charts a long-term digital payment strategy, TSYS has hired Karim Ahmad, a management consultant with a background in financial technology, to be as head of global product and innovation.

A new national push for financial inclusion in India is getting results, triggering a recent surge of growth for RuPay, India's evolving domestic payments scheme.

Phillips 66 is the third major merchant to come aboard for JPMorgan Chase & Co.’s upcoming launch of Chase Pay—alongside Starbucks and Shell Oil—and the byproduct of this deal is an overhaul of the gasoline and convenience retailer’s existing, relatively bland apps.

China UnionPay has launched its NFC-based QuickPass mobile payment system in Canada, marking its first acceptance by merchants in North America.

Diebold Inc. has completed its $1.8 billion deal to acquire Wincor Nixdorf, becoming the world’s largest maker of ATMs.