The purchase price is double the fintech's valuation in a 2018 funding round.

In the near future, payments will be part of the shopping experience itself. Technology that lets customers pay in the fitting room – or automatically, as they walk out of a store – will likely become an everyday reality, says Wirecard's Susanne Steidl.

Financial institutions need to be aware of the platform model, strategic and reputational hazards that come with granting access to their networks.

Potential sources of industry upheaval, and how to adapt; former Wells Fargo execs may face criminal charges in coming weeks; why banks have such high turnover of chief compliance officers; and more from this week's most-read stories.

Silicon Valley giants are better innovators, software developers and data managers, but banks' inherent advantages shouldn't be discounted, says Sonny Singh, a senior vice president at Oracle.

A seasoned investor in startups offers his top predictions for the coming decade. Among them: Big tech firms will become big players in financial services.

From Malta to Belgium, the past three years have served as something of a shopping market between payments-based fintechs seeking alternative jurisdictions through which they could still be licensed within the EU, and investment agencies hoping for a piece of their business.

An examination of potential sources of upheaval for the financial industry and ideas on how to adapt.

Concerns about security and expense have dogged payments innovation for decades, and have always faded, argues Nvoicepay's Alyssa Callahan.

Bank employees need to stop seeing new technology as a threat.