Fintech

The payments industry stood out as an active market for mergers and acquisitions during the first three quarters of 2018 with a 33 percent increase in transactions over the same period last year.

American Express is launching Early Pay, a digital financing service that allows large U.S. companies and their suppliers to benefit from discounted bill payments.

While businesses' ability to transact internationally has expanded, the act of settling payments has gotten more complex, expensive and time-consuming. That means opportunity for companies that can provide solutions.

Augusta VAH Federal Credit Union in Augusta, Ga. has announced plans to merge into SRP FCU, across the state line in nearby North Augusta, S.C.

The Montana company will spend $200 million to buy Idaho Independent and Community 1st Bank.

To remain competitive, retailers must always have one eye on the future. Mobile wallets offer a strategic platform for retailers to harness and promote emerging payment models, writes Julian Wallis, retail director at Rambus.

Banks and credit unions will have to re-engineer a number of systems to meet the eclectic demands of the generation born roughly in the last 10 to 20 years.

While businesses' ability to transact internationally has expanded, the act of settling payments has gotten more complex, expensive and time-consuming. That means opportunity for companies that can provide solutions.

Banks will have to re-engineer a number of systems to meet the eclectic demands of the generation born roughly in the last 10 to 20 years.

PayPal and Walmart are offering a cash-in and cash-out service from PayPal accounts within Walmart stores. It's the first time Walmart, one of the founders the defunct Merchant Customer Exchange, will accept a third-party mobile wallet.