Fintech

Canadian bank CIBC has removed its mobile payment app from the Google Play Store and ended support for it, opting to support mobile payments via Apple Pay and Samsung Pay.

At noon on Monday, May 1, reservations will open for the EMP Summer House in East Hampton, N.Y. But only American Express cardholders can reserve a table.

The Federal Reserve’s next policy actions will have profound impact on whether the U.S. income and wealth gap grows even wider.

Third party 'pays' and app companies like Uber are making the payment almost invisible, and threatening banks' relationships with consumers, writes G. Vedanarayan and David Griffiths of VirtusaPolaris.

To hear Apple CEO Tim Cook tell it, Apple Pay is experiencing "a phenomenal traction." But the company does not reveal specific numbers about Apple Pay as it relates to key metrics.

Samsung Pay last week went live in four more regions—Hong Kong, Sweden, Switzerland and the UAE—but despite reaching 14 major global markets, it’s still not officially available in the U.K., one of the world’s most active zones for contactless payments.

FleetCor Technologies, with broad operations in fleet cards and payroll solutions, has announced plans to purchase Cambridge Global Payments, which specializes in cross-border business-to-business payments, for $675 million.

The company, which delisted from the Nasdaq in 2005, is looking to raise up to $64 million through an initial public offering.

Mastercard is trying very hard to get people to use "Masterpass" as a verb, and there is more to this mindset than promoting the card network's digital wallet.

Restaurants and other hospitality businesses have suffered a series of breaches. E-wallets can provide extra security and marketing heft at the same time.