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Germany’s Wirecard has taken a controlling stake in AllScore Payment Services, a Chinese company with a set of cross-border payments licenses Wirecard hopes will extend its reach to merchants with ties to China.

E-commerce and multi-channel fraud prevention software provider Riskified has received $165 million in a Series E funding round led by global growth investor General Atlantic.

The organization moved forward with a new name in order to maintain brand consistency.

Many in the space are seeking the creation of a "flexible" supervisory regime that relies on existing authorities and a hands-off approach from state agencies, but such a plan faces an uphill battle.

With so many data breaches targeting merchants, banks should not assume they are in the clear. Banks are, after all, where the money is.

By understanding how bias becomes embedded in how we lead, recruit and advance others, we can change patterns and create inclusive organizations, says Wnet's Lisl Dutterer.

A group affiliated with Interactive Brokers Group has filed an application with the FDIC to form Interactive Bank.

It’s been a bumpy decade for crypto and blockchain, but both are here to stay.

Trade groups from several different states honored industry leaders while many individual institutions have announced recent personnel moves.

Citi boosts air rewards; U.S. makes slow faster pay progress; and other information you need to start your day, from PaymentsSource and around the web.