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The Spanish banking giant Santander has withdrawn from the bank consortium R3 CEV, becoming the second defector from the blockchain group this week after Goldman Sachs.

Few of Apple's numerous patent applications make it to market, but if the consumer electronics giant follows through on one filed last week, iPhone users may have the Siri virtual assistant helping them with person-to-person payments through the iMessage platform.

Google's Android Wear products came to market well ahead of the Apple Watch, but in one category they have always been a step behind: contactless payments.

Visa Inc. has clarified its position on EMV debit card routing to address growing concern among merchants that the card brand's rules were forcing those transactions onto the Visa network rather than allowing merchants to choose among less expensive options.

As more Chinese citizens travel abroad, payment companies are lining up new products and collaborating with third parties to reach the growing market.

Barclays is responding to consumer expectations of a smooth mobile experience in all venues by adding technology at ATMs.

The app will be available at 7,500 Starbucks locations in the U.S. and 1,400 Best Buy locations, and is part of a much broader rollout that's expected to last into early next year.

India's cash crisis may threaten the country's traditional wedding season. Uber is attempting to solve some of the problem with a new car booking service.

Biometrics has long had an interoperability gap. Visa is trying to address that with a new project that brings flexibility to biometric options.

The EMV migration has been sluggish, but it's a vital part of protecting cardholders.

The two-year old APASS has helped Alibaba persuade wealthier consumers to up their spending at Tmall and Taobao shopping emporiums.

Banks are butting heads with consumer groups and fintech firms over the need for new rules governing the use of financial data.

Mastercard will launch its “selfie pay” system in the Asia-Pacific region next year, expanding the global reach of its biometric identity-verification service for online payments to more markets as part of a gradual worldwide rollout.

Typically merchants post signs at EMV terminals to tell their customers how they work, or that they should keep swiping. Starbucks is taking a more forward-thinking approach by treating EMV frustration as a mobile marketing opportunity.

Google has launched Android Pay in Poland, nearly six months after the mobile wallet made its debut in the U.K. and Australia.

Wells Fargo & Co. said retail customers opened 44 percent fewer new accounts in October compared with the same period a year earlier following the bank’s record-setting settlement with regulators over its cross-selling scandal.

The Consumer Financial Protection Bureau issued a proposal Thursday that asks the public to weigh in on consumer access to financial information, part of a fight between banks and fintech companies about the sharing and control of consumer records.

Mastercard has launched its quick-response mobile payments system in India through its Masterpass mobile wallet, designed to help mobile banking users complete purchases through their mobile phones at the physical point of sale.

Merchants may have gained an edge in their dispute with Visa over how EMV debit transaction routing is handled at the point of sale.

If a consumer is willing to shop online through a mobile device while sitting on the toilet, retailers need to be in the bathroom with that shopper during the holiday season. At least, PayPal sees it that way.