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The Michigan-based CU celebrated its latest milestone during its 69th year of business.

Alipay and WorldRemit will enable consumers to send remittances to the Alipay app to support broader use for payments and other financial services.

Democratic lawmakers, state attorneys general and others filed briefs with the Supreme Court rebutting claims that the agency’s leadership structure is unconstitutional.

As more consumers order in using such services as Uber Eats and Grubhub, restaurants are selling fewer desserts, drinks and other high-margin items, said CEO Rajinder Singh.

Mastercard will financially back Indian merchant commerce platform Pine Labs' embrace of multi-channel installment financing as a payment option in addition to cards.

American Express has focused the past few years on overcoming a couple of its stigmas — that not all U.S. merchants accept Amex cards, and that younger cardholders were not intrigued by the status of holding an Amex card.

Projects in both countries are picking up steam and serving as an example to the rest of the world, says ACI Worldwide's Craig Ramsey.

The payments industry is a hotbed of innovation, and many of its larger players are eager to claim patents on new developments.

President and CEO Bob Corwin plans to retire by this summer, having led the Clackamas, Ore.-based credit union for seven years.

The company, which sold the business to a group of former employees, will shut down its operation this quarter.