U.S.

Alipay's deal to buy MoneyGram for $880 million may be the centerpiece of its strategy to expand beyond China's borders, but it's not its first move in recent months. The Alibaba payments affiliate has already extended its reach in several other ways.

Ant Financial, the company that operates Alipay, is buying MoneyGram for $880 million, its boldest move yet in a series of partnerships and investments that signal an international ambition.

President Donald Trump's signing of an executive order Wednesday to push forward with plans for a "security wall" between the U.S. and Mexico has strong implications for how the plan will affect cross-border payments.

U.K.-based Rambus Ecebs, a provider of mass-transit ticketing technology, is harnessing Host Card Emulation (HCE) for its new service supporting a virtual ticketing app that can replace physical transit cards.

The Western Union Company agreed to pay $586 million and admitted to a lapse in anti-money laundering controls in an agreement with the U.S. Justice Department and other U.S. authorities.

After more than two years of work on its real-time payments rail, The Clearing House senses it has the proper plumbing in place to make any new system hum. And the one thing it wants to make clear: This isn't your father's ACH.

The online payment service Alipay, an affiliate of Alibaba, is extending its collaboration with luxury travel retailer DFS Group as more Chinese citizens increase their travel frequency to overseas locations.

Letgo, an online marketplace for buying and selling used goods, said it raised $175 million to invest in growth plans and grab market share from EBay Inc. and Craigslist.

PayPal's digital money transfer service Xoom will allow Japanese immigrants and others in the U.S. to send money for deposit into bank accounts in Japan.

As global e-commerce proliferates, payment platforms are stepping up to cater to U.S. merchants eager to sell their wares in emerging markets. But there can be as many risks as there are opportunities when entering a new market.

Consumers have long had options to pay for high-value purchases through monthly installments, but payments providers — from PayPal to Mastercard — have typically focused on other ways to lift purchase volume.

Russian authorities have handed over an American fugitive who the U.S. accuses of conspiring to organize the largest known cyber attack on Wall Street, according to people familiar with the matter, resolving months of negotiations at a moment of high tension over hacking between Moscow and Washington.

Payments are inevitably merging with social media, but the mix comes with a clear and very public risk if not handled correctly.

The recent history of mobile wallets includes a lot of crashes and failures, but the people behind those projects are still around and are wiser for their experiences.

The opening of the 2016 holiday season, which marks the first full year since the country's major EMV fraud liability shift, is proving what data security experts feared all along.

The Office of the Comptroller of the Currency will start granting limited-purpose bank charters to fintech companies, but intends to maintain high standards for new entrants.

As bitcoin's spotlight fades and banks work to adapt its underlying blockchain technology for more traditional uses, it seemed that the world was ready to move on from the infamous cryptocurrency. And then Donald Trump was elected president of the U.S.

A request by the IRS for user data from a bitcoin exchange highlights simmering tensions between compliance and customer privacy for financial institutions and will test how those demands are balanced in the young field of cryptocurrency.

The growth of China’s fintech scene is providing a less developed financial market with much-needed updates. But those improvements also serve as a stepping stone to bring Chinese fintech players to Western markets.

Rebellious retailers are fighting to halt the reverse creep of Black Friday into Thanksgiving Day.