Fintech

PayPal has been working to expand Venmo's audience beyond millennials for more than a year, a strategy that it hopes to further with instant transfers.

MoviePass has pulled its participation from 10 AMC movie theaters following disagreement over the theaters’ support of MoviePass’ $9.95 monthly movie subscription model, which uses a Mastercard to guarantee payment through its app.

Kelley Knutson has been promoted to senior executive vice president of Total System Services Inc. and president of Netspend, the company's prepaid debit card unit.

A crucial challenge for payment apps and cashless banking is how they adapt to provide services for the unbanked, writes Michael Kordvani, head of SEO for app development agency Fueled.

Ameris would gain 24 Atlanta-area branches in the $406 million deal.

One New Jersey credit union is starting 2018 with an unexpected crash course in fraud prevention, but there may only be so much anyone can do to curtail the problem.

Several banks won’t process cybercurrency transactions while others are reviewing their policies; agency promises flexibility to lenders.

The rapid development of the Indian mobile wallet market demonstrates the importance of reactivity and adaptability. Huge opportunities await those who can successfully navigate the transformative impact of regulation, emerging technologies and shifting consumer expectations, writes Elina Mattila, executive director of the Mobey Forum.

David Nelms said that many digital lenders do not understand how to underwrite personal loans properly, and he took a dig at their lack of profitability. The upstarts say their industry's ability to attract capital speaks for itself.

The hunt for solid credit card customers is driving issuers to try creative new approaches, including digging deeper for good prospects who fall outside the usual parameters of U.S. credit scoring models.