Kate Fitzgerald

The Reserve Bank of India will continue incentivizing merchants and consumers to move away from cash following last year’s demonetization of 80% of bills in circulation, including extending terms of a cash-back promotion for merchants.

Many retailers want to beat Amazon at its own game, providing fast and streamlined checkouts that attack the tedium of waiting in line or staring at a card terminal screen for further instructions.

The simple act of moving money can have a big impact on any political movement, so banks and payment networks are often caught up in issues of national importance. Here are some recent instances where payments and politics came head-to-head.

China's Alipay already has broad global reach—its mobile wallet is accepted at more than 100,000 retail locations in 70 international markets—but in North America it’s just getting started.

Cash is still the most popular payment method in the U.K., but contactless cards and mobile payments gained significant momentum over the past year, according to new data.

Credit card issuers are still targeting high-spending customers, who tend to be resilient to economic swings, but competition at the top is brutal and marketing costs are high. At the other end of the credit spectrum, it’s a different story.

The prepaid card industry already succeeded in getting one delay for complying with new Consumer Financial Protection Bureau rules, and at least one top prepaid card issuer is now requesting additional rule-changes and an extra year to comply.

Two of the biggest providers of cross-border tuition payment services for international education are targeting more than 5 million students preparing for college studies abroad this fall.

First Data Corp. and JotForm are working together on an integration enabling brick-and-mortar merchants to collect payments online more easily, along with detailed information on forms such as electronic signatures.

Payments processor iPayment Inc. is getting back into the merchant cash advance business.

Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Apple Pay hits a snag in China; PSD2 births a startup; TerraPay expands in Africa; R3 adds a Middle Eastern bank.

Walter Merricks, a consumer ombudsman represented by the U.K. law firm Quinn Emanuel Urquhart & Sullivan LLP, said a tribunal judge's analysis of the case was wrong.

Mastercard and Visa have also opened development centers in India, where digital payments are growing quickly.

Barry Rodrigues most recently was head of digital payments for Citigroup.

Bank of America is readying a premium credit card that boosts the rewards customers may earn based on funds kept in savings and investment accounts at the bank.

Lowe’s has long offered financing through its private-label credit card programs, but for many construction crews, a corporate credit card is a poor fit for handling ongoing expenses.

The difference between regular credit card applicants and fraudsters is experience — scammers know their way around an application form.

Point-to-point encryption (P2PE) advanced with the Payment Card Industry data security standard's updated guidelines in 2015, but the technology has not held the spotlight much since then.

MoneyGram’s total revenue declined slightly during the second quarter to $410 million, resulting in flat growth compared to the previous quarter based on constant currency.

Bank Asia in Bangladesh has partnered with Western Union, enabling consumers to send and receive funds via a network of 1,250 bank agents throughout Bangladesh.