Fintech

The company was set to sell a 24% stake in itself to buy two Tennessee banks but has restructured the arrangement to avoid a potential conflict cited by a regulator.

Singapore’s Oversea-Chinese Banking Corp. (OCBC) will soon expand acceptance of its person-to-person mobile payments app to local merchants.

PayPal has worked to build support from retailers and consumers, positioning it well in the competitive e-commerce game, writes Lauren Freedman, senior vice president of digital strategy at Astound Commerce.

The integration is designed to improve user experience for international transactions.

Pangea’s instant-transfer app serves six Latin American countries and it’s eyeing expansion to Asia, with a formula based on speed and simplicity.

Automated teller machines have come a long way since Barclays rolled out the world’s first ATM at a branch in north London 50 years ago. Here’s a look at some of the milestone moments and key innovations in ATM technology over the past five decades.

Contactless cards are becoming the global standard for most markets except in the U.S., where tap-to-pay card distribution lags far behind the rest of the world, according to the Smart Payment Association (SPA), a Munich-based organization that tracks global card manufacturer data.

American Express has made several attempts to escape its image as a card for the elite, with efforts such as the Bluebird prepaid card and the OptBlue pricing program for small merchants. Its latest move is focused on rewards for small-business owners.

Netspend is focusing on "overlooked and emerging segments" to expand its prepaid card services, according to company president Chuck Harris. And it's making some very unconventional alliances along the way.

Gift card marketplace provider Raise is launching a mobile wallet for gift cards to turn them into somewhat of an alternative currency.