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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.
December 15 -
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.
December 14 -
Payments are inevitably merging with social media, but the mix comes with a clear and very public risk if not handled correctly.
December 14 -
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.
December 12 -
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.
December 6 -
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.
December 2 -
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.
December 1 -
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.
November 29 -
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.
November 29 -
Rebellious retailers are fighting to halt the reverse creep of Black Friday into Thanksgiving Day.
November 23 -
Prepaid cards are never far from politics and controversy, though the industry's distance from government scrutiny will likely increase in January when Donald Trump assumes the presidency and a new Congress is sworn in.
November 17 -
In this environment, the
millennials who have largely chosen credit card alternatives such as P-to-P apps and social payment tools will have an easier time getting credit cards, potentially giving banks an added tool to compete with apps like Venmo.November 17 -
Merchants may have gained an edge in their dispute with Visa over how EMV debit transaction routing is handled at the point of sale.
November 16 -
Despite the head start mobile wallets got in the U.S. when Apple Pay launched more than two years ago, markets outside the U.S. are exhibiting that they are much better positioned for mobile wallet adoption, a new report from Fitch notes.
November 14 -
Samsung Pay has launched a rewards program for U.S. consumers that allows them to earn points on both credit and debit card purchases — and has an emphasis on encouraging repeated use.
November 14 -
Karhoo, a U.K. price comparison and hailing app for licensed taxis and minicabs, is preparing to launch in the U.S. with the help of Bank of America Merchant Services eCommerce and cybersecurity solutions.
October 26 -
In his last earnings call as Visa's CEO, Charles Scharf spoke about the card brand's outlook for new technology and China.
October 25 -
The bank-led clearXchange is changing its brand to reasonate more with consumers
October 24 -
Alfred F. Kelly Jr. may be planning to run Visa his own way, but he will still face the same challenges his predecessor did. Here are a few of Visa's most immediate issues.
October 20 -
In a world that is moving faster than ever before, consumers complete transactions at the register with a simple tap of a phone and transfer money across accounts in seconds.
October 19
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