Fintech

International payments will only get more complex as faster payments take hold globally, steering banks and money movers to establish central hubs for handling cross-border transactions.

Yes, the credit bureau goofed badly on data security, and it proved to be worse at crisis management. But other companies have been just as sloppy with cyber defenses, and business and government leaders should have tackled these problems long before now.

First Data Corp. is joining in the movement to provide speedy payments to participants in the gig economy of independent contractors by rolling out a debit-powered disbursement product.

Ned Handy, who will take the helm in March, wants to be more aggressive luring deposits in the company's home state. That should reduce its reliance on other funding sources to support loan growth.

MobilePay, Danske’s digital-pay subsidiary, wants Nordic banks to offer a single payment platform to counter challengers like Apple Pay and Samsung Pay.

As the U.S. continues to shape its faster payments options over the next few years, the connections for such systems have to be able to deliver more information and services with every payment.

International sourcing is stressing businesses that are already too reliant on paper-based payment methods, argues Hyperwallet's Tomas Likar.

The Indiana company's board knew what it wanted from a potential buyer, and that helped it as it negotiated one of this year's biggest bank deals.

Joseph MarcAurele will retire as chairman and CEO in March. The company's president and chief operating officer, Ned Handy, will take the helm.

Hawk Incentives, Blackhawk Network’s incentive card division, now enables Mastercard prepaid cards distributed in promotions and incentives to be added to third-party mobile wallets like Apple Pay, Android Pay and Samsung Pay.