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Getting a new payment terminal with advanced capabilities is not unlike getting a new phone or computer with its bells and whistles — there's so many new features that some will no doubt go ignored.

Narcissistic biases can lead us to favor those who look like us or have similar backgrounds or other common bonds. This inevitably affects the quality of hiring and risk management decisions.

Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Klarna gets a banking license; Microsoft's keyboard tech; Girl Scouts add web security badge; Contactless expands in the U.K.

Executives are often loathe to change their core systems because of how painful the process is, but it could be preventing them from offering key products and services.

James Clinger is currently general counsel to the House finance panel; CFPB director refutes House panel claims he didn’t do his job in Wells Fargo investigation.

Passengers are warming to non-travel mobile payments, and the technology is advancing to enable mobile payments in flight, writes Kristian Gjerding, CEO of CellPoint Mobile.

With midsize businesses still handling the majority of their accounts payable via checks, large corporations are reaping the benefits of digital or card payments. A lot of this has to do with a misunderstanding of the options available to them.

Though Martin Gruenberg's term does not expire until November, President Trump announced his successor late on Friday.

The $13.7 billion acquisition could have significant implications for swipe-fee revenue and other grocers' in-store branches. It also raises the question of whether the Seattle e-commerce goliath will soon set its sights on the financial services industry.

While HUD has released money this year, the Trump administration has called for defunding the program as part of its proposed budget.