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Kenyans using the M-Pesa wallet to make payments and receive funds can now send cross-border payments through a connection with Western Union's global platform.

The consortium is starting out with a dozen banks and could have 50 within a year.

After the retail giant filed an $800 million lawsuit against its former credit card partner, shares in Synchrony plunged. Now analysts fear its relationship with Sam’s Club may be in jeopardy.

The payments and financial services industry has enjoyed an unprecedented wave of invention, but the fruits of that labor are threatened by an ideologically driven political climate that complicates the evolution of global interoperable mobile-driven commerce.

The midterm elections virtually eliminate the chance that progress will be made on financial services legislation.

Tech innovation isn't just about creating more bells and whistles. It can also help deepen client bonds.

The bank says a calculation error led it to deny help to distressed homeowners; a former U.S. deputy attorney general will help with in the 1MDB fraud scandal.

The Mississippi company will pay $86 million for seven branches with $318 million in deposits.

The information you need to start your day, from PaymentsSource and around the Web:. Today: Election results portend less deregulation and consumer focus; Facebook faces GDPR investigation in Ireland; Cryptocurrency giveaway; Orange County adds mobile transit pay, Emirates NBD pilots open banking.

There’s an argument to be made that those who have experienced bias—be they women or any other underrepresented group—are likely to have developed some distinctive qualities in response, writes Karla Friede, CEO of Nvoicepay.