Kate Fitzgerald

The digital card platform operator Marqeta is working with buy now/pay later provider Bread Financial on a pilot to instantly connect consumers' mobile wallets with merchants via the web, bypassing the need to download an app.

The Federal Trade Commission singled out Mastercard in its recent proposed consent order, but other implicated card networks and issuers are unlikely to escape censure.

Some Affirm customers reported duplicate charges this week to their bank accounts for Affirm's buy now/pay later loans. The San Francisco-based fintech on Friday said it's resolved the problem.

Amex signed a deal to buy Nipendo, a Tel Aviv-based startup whose technology reduces business check usage by laying the groundwork to digitize payments between buyers and suppliers.

Ant Group's Alipay teams up to expand mobile wallet acceptance, CaixaBank forms a cybersecurity consortium, Santander plans buy now/pay later for businesses, and more.

A Visa executive explains how China's long lockdown held back Asia's travel-spending recovery and why government policies, economic trends and even the hit Netflix series "Bridgerton" caused post-pandemic cross-border travel spending to spike in many parts of the world.

The rise of legalized online sports betting has pushed the payments industry to create some of its stiffest defenses against scams.

The bank-owned payments network The Clearing House said David Watson, Swift's chief product officer, would succeed Jim Aramanta, who is retiring.

The industry is taking lessons from instant point-of-sale lenders to help homeowners embarking on major projects.

The fintech is working with third-party marketplaces and similar partners to deliver its newest services, rather than try and sell directly to end users.

A new law in New York nearly doubles the required shelf life of gift cards to nine years, as more states move to wipe out expiration dates contributing to $21 billion in unused U.S. gift card balances.

The pandemic-era's surge of short-term, interest-free online loans from buy now/pay later fintechs ignited wide-ranging competition from newcomers and legacy providers alike.

The Federal Trade Commission, in a consent agreement, instructed Mastercard to allow other debit networks to decipher 'tokenized' card account data used for online payments.

Early Warning Services' bank-owned peer-to-peer payment service reached eye-popping growth milestones in 2022. But scams targeting Zelle users also soared, drawing lawmaker scrutiny and forcing Zelle to consider reimbursing victims.

Institutions that are already on the fence about joining the peer-to-peer network are expected to balk at the expense of standardized scam reimbursement, industry experts say. Small banks aren't openly opposing the concept yet, but many say they're still cautious about P2P.

Virtual gift cards have lagged plastic in popularity, but consumers could give them a second look in light of a surge in theft of paper checks and gift cards sent through the Postal Service.

After years of fintechs taking the lead in modernizing cross-border payments, fresh momentum is coming from traditional payments and banking infrastructure players, including the card networks and the 50-year-old SWIFT.

Rising interest rates and tightening consumer credit are likely to drive many consumers to use interest-free point-of-sale loans, putting BNPL fintechs' data-driven underwriting to the test.

Longtime Visa president Ryan McInerney will become CEO in February 2023 when Al Kelly steps down from the post he's held since 2016. Kelly will become executive chairman of the board following the transition.

Visa is working with online travel agencies to promote the use of virtual cards and tokens to streamline payments, refunds and add-ons.