Merchant

Fiserv completed a PIN on Mobile transaction using only an app on a consumer grade handset, and plans to pilot the technology in Europe and Asia.

London mobile point of sale fintech SumUp has launched a prepaid business Mastercard to its line of small business products.

The deal to create the nation's second-largest wireless network may lead to a revamp of a discount that reportedly drives 250,000 new Sprint customers annually.

The bank's announcement that it will slash about 35,000 staff and take $7.3 billion of charges prompted its stock to tumble and renewed questions about the bank's direction and lack of a permanent CEO.

As faster payments change how quickly companies get paid, these same organizations are looking to add speed to the way they manage internal expenses.

Investors poured a fresh $400 million into Toast following a year in which the payment firm more than doubled revenue from its network of restaurant clients.

The tight labor market and public pressure to raise minimum wages are expected to nudge noninterest expenses upward in a year when the watchword is cost control.

Klarna has agreed to acquire Italian fintech Moneymour as part of an innovation push to counter rivals in the popular point of sale credit market.

The startup spawned in Eastern Bank's innovation lab says its bank customers asked for client-friendly software for account opening, credit cards and more types of commercial lending.

The connection of an advanced loyalty program can woo consumers, even in a case where the merchant's products may cost more, says Clarus Commerce's Tom Caparaso.