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Amazon's checkout-free shopping model, currently in testing with employees, is a clear threat to the status quo for retailers. But does it also pose a risk for banks?

Consumers, particularly younger people, are placing an importance on being able to obtain a plastic card in a branch and use it right away.

Carrier billing provider Boku says it has expanded its agreement with Microsoft to provide services for the first time in France to all Windows 10 devices on the Orange France network.

As regulators open the door to payment startups and other fintech firms applying for bank charters, what has already been a long journey to this point is only going to get more intense.

Two clients of French bank BNP Paribas processed and cleared several live payments over the bank’s Cash Without Borders product.

The blockchain startup Axoni has raised $18 million in a Series A funding round led by Wells Fargo and Euclid Opportunities, the fintech investment business of the interdealer brokerage ICAP.

A Seattle virtual currency provider is embedding its service in Starbucks' popular mobile app.

Malaysia-based CIMB has launched a digital wallet through an integration with Mastercard’s Digital Enablement Service that supports mobile payments on Android handsets.

A new analysis from the Federal Reserve shows checks as one of the few non-cash payment types to decline, while many others are on the rise.

First Data's joining the trend of financial companies that are emphasizing family leave benefits heading into the new year, announcing new policies for caregivers.

Citi Treasury and Trade Solutions has appointed Hubert J.P. Jolly as its global head of payments and receivables, effective immediately.

Royal Bank of Canada is providing a virtual reality "try before you buy" experience for its RBC Rewards customers.

The Federal Reserve and Federal Trade Commission investigated Visa for debit practices, a move that enhances competition in the marketplace for merchants.

Sydney-based Octet Finance, a provider of supply chain management and financing tools for small and midsize businesses, has formed an alliance with Mastercard enabling users to make cross-border payments using their existing Mastercard credit and debit card accounts via virtual card technology.

Lloyds Banking Group Plc agreed to buy Bank of America Corp.’s MBNA credit-card business in the U.K. for 1.9 billion pounds ($2.4 billion) in cash, marking its first major deal since being rescued by British taxpayers eight years ago.

Alipay's fast growth is partly attributed to the huge size of the Chinese market, but it also deploys strategies that can serve as an example for mobile wallets in other parts of the world.

A mobile payments app that launched last year for parking lots in Toronto is now available for all parking spots on the city's streets, with PayPal as the newest payment option.

Facing security challenges at its member banks and competition from other tech providers, the Society for Worldwide Interbank Financial Telecommunication [Swift] plans to put its best foot forward in 2017.

Sudden jolts in the currency market may be becoming more frequent, with at least three flash crashes over the course of 14 months. But there is some hope in finding out their causes more quickly.

Issuers of prepaid cards often say their products are a good tool for budgeting, but it's rarer to hear merchants market their own branded prepaid cards this way. Walmart is retooling its prepaid strategy to focus on saving in an effort to improve the financial habits of its customers.