Fintech

CEOs on the hot seat. Banks fighting to stay independent. Comfortable players ripe for disruption from Amazon and others. It is shaping up as a riveting year.

Wire transfers have higher fees and fraud risk than other methods, according to Chen Amit, CEO of Tipalti.

The market for cross-border person-to-person (P2P) remittances is massive. It experienced double-digit growth in 2018 as consumers migrated from one country to another in search of better economic opportunities, as well as to escape political and financial upheaval in their home countries.

Mastercard is counting on its logo to do the talking. It plans to drop its name from the Mastercard symbol in some physical and digital marketing and advertising situations.

China’s expanding number of tourists is creating demand for more payment choices, and Wirecard hopes to tap into the growth with a prepaid card it’s developed with Ctrip, China’s largest travel agency.

The Jackson, Mich.-based institution also made its largest donation ever to a program to help students pay for college.

More companies are adding financial health programs to their benefits, creating a market that fits with one of the common uses consumers have found for prepaid cards.

From care packages for service members to aid for the homeless and more, here's another look at how credit unions are giving back.

Earthport Plc investors, who saw their shares drop 70 percent in three years as the payments firm lost customers and management, now have an offer to cash out with a 300 percent premium. But not all of them are happy about it.

Mastercard has named Donald Chesnut as the company’s chief experience officer to help drive a clear and consistent experience for Mastercard’s various audiences.