Fintech

SoftBank's big bet on next-generation tech; Supreme Court hears surcharge arguments

One of the chronic flaws of retailer-driven loyalty programs is that often it’s hard to actually get the rewards. Consumers complain that it takes too long or steps required are too cumbersome to conveniently redeem their points.

By providing lots of data, and encouraging consumers to carefully examine their statements, merchants and payment companies can reduce fraud and chargebacks.

Nana Murugesan, Samsung vice president and general manager, spoke to PaymentsSource about Samsung's strategy for making its mobile wallet stand out in the increasingly competitive digital payments market.

Several startups and Mastercard are looking to free companies from the limitations of traditional corporate cards and time-consuming expense reports.

Several startups and Mastercard are looking to free companies from the limitations of traditional corporate cards and time-consuming expense reports.

In oral arguments held before the Supreme Court Tuesday, liberal justices appeared to struggle with plaintiffs' argument that state bans on credit card surcharges violate retailers' free speech, while the bench's conservatives appeared concerned about how states apply those bans.

Bank technology provider D+H Corp. is expanding its role in the expected launch of The Clearing House Real-Time Payments System by offering banks cloud-based testing to simulate a connection to that system.

Alibaba Group Holding Ltd. pioneered shopping on the internet in China. Now it thinks it can teach old-school retailers a thing or two about real-world commerce.

DTCC Moving to the Blockchain; Goldman hires Wiesel as tech chief; Donald Trump's team divided