Kate Fitzgerald

The bank said the test showed blockchain can be used to conduct secure, low-cost cross-border payments without intermediaries.

The new controls include transaction-screening parameters users may adjust to their own risk and compliance policies.

Ant references data breaches connected to Euronet and warns of job losses if the European company were to acquire MoneyGram.

Companies that allow merchants to quickly set up card acceptance through mobile technology are rushing to fill a void in the Indian market following the country's dramatic shift in cash policy.

Facebook is enhancing is transaction technology as payments increase in popularity on messaging apps.

Shugar has previously held technology positions at eBay, Yahoo, Verisign and The Thomson Corp., among other companies.

Harbortouch seeks to add marketing services to its existing point of sale equipment line.

The company's selling product that's similar to a store-branded card, but without the physical plastic. It hopes to appeal to small or midsize stores that don't want to run their own credit programs.

Bank of America Merrill Lynch, Citi and PNC Bank are the first three banks to adopt the service, which is aimed at customers who use Visa commercial cards to buy supplies from Amazon Business.

The company is touring the U.S. in a large truck that contains its latest point of sale technology for banks and merchants.

Australian regulations recently denied banks the right to negotiate with Apple Inc. to directly add Apple Pay to their digital apps, but the victory may do little for Apple, considering consumers in the country appear to have little interest in using mobile wallets.

As more of China's citizens engage in travel and commerce across the nation's borders, more companies want to help them pay and collect money. Many of China's dominant payment brands are extending their reach globally, but U.S. and European companies are also focused on this audience.

China-based Ant Financial is preparing to fight for MoneyGram despite a rival bid from Euronet Worldwide, based on signals the company sent today in an open letter to the money-transfer company’s management, employees and customers.

Walmart still has no Near Field Communication technology to support mobile payments in its 4,000-plus U.S. stores, but it’s added Visa Checkout as an e-commerce option, joining many new merchants that now support Visa’s streamlined checkout process.

Net Element Inc., a global payments processor with offices in Miami and Moscow, has extended support for Apple Pay to Russian consumers via its PayOnline subsidiary.

Western Union Co.’s mobile app customers can now use Apple Pay to send funds originating in the U.S. to more than 200 countries and territories worldwide, including domestic bill-payments.

Ingenico ePayments is giving merchants a new way to engage consumers at the checkout by offering a choice of games enabling participants to win merchandise instead of having to pay for it.

Only 13% of an estimated 680 million iPhone users have ever used Apple Pay, according to a report from the Wall Street Journal, which cites data from venture capital firm Loup Ventures.

Shortly after spinning off PayPal, eBay shed another unit, the e-commerce powerhouse Magento Commerce, which is working to spread its wings beyond its core specialty of e-commerce sites.

The U.S. merchant acquirer-processor arena is so mature that the only dramatic gains typically come from consolidation, leading to even more formidable combinations that make the next phase of growth even tougher. But there are also opportunities for companies that know how to specialize.