Kate Fitzgerald

Longtime TSYS executive William A. Pruett will retire early next year, after which the company plans to consolidate its North America and International services operations into a single, new unit called the Issuer Solutions Segment.

Samsung Pay users had the advantage over Apple Pay and Android Pay when it launched last year with a technology enabling mobile payments through virtually any merchant terminal—contactless or not—but that advantage quickly diminished.

The recent history of mobile wallets includes a lot of crashes and failures, but the people behind those projects are still around and are wiser for their experiences.

Mobile payment initiatives have largely failed because they focus on changing transactions instead of changing the way consumers and merchants engage with each other, according to Carta Worldwide, which touts new tokens as a way to reverse that.

The collaboration will help consumers use WorldRemit funds to accounts in six new markets in Africa.

The deployment is aimed to make a national mobile payments migration more smooth and less costly.

Amazon.com has set the standard for e-commerce with fast delivery, invisible payments and many other perks that keep consumers coming back to its site. Increasingly, the e-tailer has been experimenting with ways to streamline the payment process outside of the trappings of its website.

There's been a rapid growth of cross-border payments and remittance startups, and CIBC responded with a major project designed to streamline transactions.

Maikki Frisk will become the Mobey Forum's executive director early next year, replacing Sirpa Nordlund, who is moving to a payments startup.

Already under fire from companies like Square, another outsider threatens to cut terminal makers out of the loop. It's up to device makers to adapt.

Amazon’s latest attempt to disrupt retail—a store that automatically handles the whole checkout and payment process via an app—is a concept that could have far-reaching effects as the millennial generation brings its digital expectations into the brick-and-mortar world.

Big data was supposed to unleash a lot of powerful insights for banks, but many financial institutions still haven’t found a way to harness their own data because the amount of available information is so vast.

As the holiday shopping season kicks off, retailers are preparing for an influx of payment volume from shoppers and scammers alike. Here are a few of the problems they face.

U.S. fuel cards were a relatively complacent niche until a few years ago, when a wave of consolidations and digital innovations transformed the $66 billion-plus industry into a hotbed of competition.

The spread of new payment technology and omnichannel commerce are changing the way people shop during the holiday season, even in brick-and-mortar stores. Here are a few noteworthy trends this season.

Google's Android Wear products came to market well ahead of the Apple Watch, but in one category they have always been a step behind: contactless payments.

Merchants’ frustrations with the painful U.S. EMV shift could come to a head this week when Black Friday kicks off the crucial holiday shopping season with large swaths of the merchant landscape unable to handle EMV transactions, more than a year after the U.S. EMV liability shift.

A full year into the EMV migration, crooks are expected to be even more aggressive about attacking soft spots in online and mobile transactions.

The Scan & Go mobile app went live last month at Sam’s Club, allowing consumers to scan their own items as they shop and pay within the app, an innovation that could cut down on checkout lines.

Comdata says the majority of fleets are relatively small, and are underserved by most existing platforms.