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The deal, which is expected to close in the fourth quarter, values Cornerstone at $25.8 million.

Companies that allow merchants to quickly set up card acceptance through mobile technology are rushing to fill a void in the Indian market following the country's dramatic shift in cash policy.

Final is a combination of a virtual and plastic card that brings an 'as-a-service' model to card issuance.

A new Republican plan to streamline Dodd-Frank's capital rules, stress tests and many other requirements will be reintroduced in the coming weeks by House Financial Services Committee Chairman Jeb Hensarling.

Anchor's sale agreement comes less than a year after it put a representative of the activist investor Stilwell Group on its board.

Banks tend to blame regulatory costs for de-risking without being honest about the need to improve anti-money-laundering procedures.

The financial press looks at possible ramifications from Jes Staley's attempt to unmask a whistleblower at the British bank; why has the digital currency failed to live up to eight years of hype?

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: Walmart goes after Amazon; Hong Kong experiments with blockchain; U.K. calls for fintech standards; London holds position as tech hub.

The speed of the crooks and the threat to retailers and customer data is more than enough reason to get aggressive with new identity protections.

The software allows chip card terminals to be operable much faster than with full certification. In other markets outside the U.S., semi-integration is widely used.