Michael Moeser

Visa, Mountain America Credit Union and Fingerprints AB were thrilled with their biometric card test, but also faced the grim realization that real world infrastructure may not be as accommodating.

Amazon is reportedly weighing plans to expand its cashierless Go convenience stores to include up to 3,000 units by 2021 — but traditional convenience stores may not feel the effects as much as the fast food market.

Divido, a London-based retail finance marketplace platform provider, has raised $15 million in a Series A capital round that includes American Express and Mastercard as investors.

In a continued effort to expand beyond China's borders, China UnionPay will reportedly work with a U.K. company to issue issuing virtual corporate cards next month in Europe.

The growth and dominant market share position of payment cards in U.K. retail sales is prompting a new pushback from retailers who are wary of rising network fees.

Each major disaster is a real-world testing ground for payments technology, but it can also be a stark reminder of the limits of these advancements.

Fresh off the heels of having recently raised capital of more than $12 billion in its latest funding round before a potentially lucrative IPO, Ant Financial Group, the operator of Alipay, is rapidly expanding its acceptance network outside of China.

DraftKings has added PayPal as a payment option to its New Jersey Sportsbook, following similar moves from rivals FanDuel Sportsbook, Caesars Sportsbook and SugarHouse Sportsbook.

The highly lucrative remittance business, once the sole purview of established players with large agent-based locations such as Western Union and MoneyGram, is under an all-out attack by digital fintechs.

Even as online shoppers demand the best security, they demonstrate an astonishingly low tolerance for inconvenience.