Kate Fitzgerald

Wells Fargo & Co. has joined the growing ranks of banks that are building their own branded mobile wallets, pressuring other financial institutions to act quickly to keep pace.

Working to help corporations streamline their processes for business-to-business transactions, Total System Services Inc. has launched a new commercial payment product leveraging virtual account numbers.

With the rise of online card fraud and the availability of new EMV and encryption technology, a San Mateo, Calif.-based startup sees an opportunity to combine these new tools with a card reader called Chip Shield.

Google is helping developers cut steps out of the path to accepting digital payments with several key moves unveiled around the Google I/O developers conference taking place this week.

Total System Services Inc. has announced an agreement with Featurespace to apply machine-learning technology to fight fraud.

Banks have stumbled in their forays with wearable technology. Now the leading maker of personal fitness trackers plans to add contactless payment capabilities to the devices.

Payments’ future in wearables is promising, but if one thing is clear already, it's that banks have no business designing fashion accessories.

Back in 2014, Dekkers Davidson, then CEO of the Merchant Customer Exchange, declared that the mobile wallet venture would draw inspiration from Uber and be just as disruptive to financial services as the popular ride-sharing app was to the taxi industry. But Uber's success stems largely from its decision to make payments invisible, whereas MCX was developing its CurrentC wallet to do just the opposite.

When Walmart switched on Walmart Pay this week at 600 stores in two states, it marked the beginning of a new era, when merchants finally take the reins in mobile payments — and, by extension, the future of digital commerce.

Walmart Pay, the mega-retailer's mobile wallet, has gone live at its stores in Texas and Arkansas in anticipation of a national rollout.

Mitek Systems took advantage of the rise of smartphones by enabling remote deposit capture and identity verification on mobile devices. But that created a gap with laptops and desktop machines that Mitek is trying to address with an extra integration.

More than seven months after the EMV liability shift, the majority of U.S. retail locations still haven’t upgraded their payment terminals to accept chip cards, with some small and midsize businesses citing the difficulty of getting their equipment tested and certified by appropriate organizations.

To expand the reach of its global e-commerce services, Ingenico ePayments is building up a vast network of connections to merchant acquirers, hoping to gain a competitive edge as the demand grows for omnichannel payments.

PayPal next month is cutting off purchase protection for payments to crowdfunding sites, as the model for raising seed money for projects online begins to mature. The new policy goes into effect June 25, the company noted in an update to its user agreement.

Square's practice of using its merchant transaction data for risk analysis may seem innovative, but other agile specialists — including Intuit — are finding ways to use new data streams to limit risk and deliver funds to borrowers.

Square's practice of using its merchant transaction data for risk analysis may seem innovative, but other other agile specialists—including Intuit—are finding ways to use new data streams to limit risk and deliver funds to borrowers.

Counterfeit card fraud is finally on the way down as EMV creeps into the U.S. marketplace, but card not present (CNP) fraud through online channels is skyrocketing. It's too soon, however, to blame the EMV shift.

Jay Z’s music-streaming service Tidal has selected Ingenico ePayments as the platform to accept payments in 45 countries.

Department store chain Kohl’s has stitched together two of the most frustrating elements of checking out: adding loyalty points at the same time the payment goes through.

Five years ago, Dwolla took its ambitious approach to speeding up payments to financial institutions, viewing banks as a core audience in need of modernizing its aging infrastructure. But more recently, the company had to make a sharp course correction in its strategy.