The Latest

Germany-based Payworks is the latest to partner with Ant Financial’s Alipay as it works to expand the base of merchants capable of accepting the popular Chinese online and mobile payments app in Europe.

Flywire and Volvo Car USA have formed an agreement to streamline cross-border payments for international students leasing cars from Volvo.

Global Payments hasn't hesitated to shell out huge dollars if it provides a quick-strike opportunity to pair technology with multichannel payments in markets where such marriages remain rare.

Credit unions have from Aug. 1 to Sept. 7 to apply to become a community development financial institution.

A popular person-to-person payments app in Italy is getting the backing of Intesa Sanpaolo Bank to become an option at the point of sale in more than 150 retail stores in Milan, Rome and Turin.

CFS and its sister company, Sorrent Pacific Financial, will retain their current leadership but be owned by Atria, a newly formed modern wealth-management holding company.

The three bitcoin wallets that are linked to the WannaCry malware, which hit hundreds of thousands of networks using Microsoft Corp.’s operating system in 150 countries, were emptied out Thursday morning, analysts have confirmed.

Bankers who shake more hands, ask more questions and, yes, hand out more business cards than the competition will win more clients.

Square Inc.’s lending business is booming, but Chief Executive Officer Jack Dorsey said that rather than competing with banks, his company is focused on offering traditional banking services to more merchants and consumers who might not have easy access to them.

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