Fintech

The long-term promise of mobile wallets has been that plastic cards could disappear, even from the point of issuance.

Samsung Pay has gone live in Canada – but only for a subset of customers using certain Visa cards from CIBC Bank.

As voters in California, Florida and nine other states decide whether to legalize marijuana, the results may force Congress to resolve differences between federal and state laws.

Mentor, Ohio-based Cardinal Credit Union on Monday said three credit unions from the Buckeye State's Mahoning County have merged into Cardinal CU.

Nigeria is becoming a hotbed of mobile payments development, with the nation’s largest banks and wireless telecom companies launching a mobile payments platform this month.

The fintech boom attracted a lot of new investors and in turn, billions of dollars into the market. But some of that money went to projects that haven’t lived up to the hype and in 2016, we’re starting to see a pullback.

Mobile wallets need to be open and accessible across all systems.

The card networks earlier this year introduced faster versions of EMV payments to ease checkout times. They've since had a hard time winning merchant adoption.

Wells Fargo chief Tim Sloan on Thursday downplayed the financial damage from the bank's phony-accounts scandal and insisted there is still a role for cross-selling if conducted properly.