Organization Root Tag

The compensation package will put incoming Visa CEO Alfred F. Kelly's income on par with Ajay Banga, Mastercard's CEO.

Coins uses blockchain and mobile technology to encourage financial inclusion in Asian economies.

The card network will test a new business-to-business payment service powered by the tech beyind bitcoin.

The two companies hope to reduce paper checks and speed processing by removing navigation for claims processing.

In a world filled with a growing number of options for instant and same-day payments, the paper check still holds strong as a barrier to innovation. But it could also be a sign of opportunity.

An agreement with Ecobank Group in Africa will result in Mastercard launching its digital Masterpass QR mobile payments across 33 countries.

PayPal Holdings Inc. said it will make more money in coming years than previously expected, easing concern that recent deals with credit card companies would suppress earnings.

Bank of America Merrill Lynch is integrating with digital payments technology provider ModoPayments so the bank's clients can access broader global payment networks.

Fifth Third Bancorp reported higher third-quarter profit on the termination of tax receivables from its Vantiv payments subsidiary and several other one-time items.

Walmart Stores Inc. has hit the reset button on its China strategy in dramatic fashion.

i

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.

Amex posted third-quarter profit that beat analysts’ estimates and raised its full-year forecast for profitability.

JPMorgan is continuing its push to snag wealthier credit-card users and gain market share.

Stores are realizing that they don't want to duplicate Starbucks' success.

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.

The EMV and mobile wallet movements have split the retail industry, leaving payment companies in the delicate position of having to support clients with very different technological profiles.

Mastercard's $924 million buy of VocaLink was the highest value acquisition in the payments industry during the third quarter.

Longtime Amex exec Alfred F. Kelly Jr. will be taking over as Visa CEO at a time when much is at stake for the global card network.

SparkLabs and Global Ventures have invested $3.4 million in Pay By Group, which makes a white-label e-commerce tool for splitting costs.

The information you need to start your day, including top headlines from PaymentsSource and around the Web. In today's briefing: Charles Scharf's tenure; Apple Pay's goals; giving up gift cards.