Merchant

The mobile point of sale platform Clover was a star in First Data’s attempts to diversify beyond payment processing. First Data's new owner, Fiserv, sees a similar role for Clover — with sports becoming a prime venue.

Fraudsters have access to vast quantities of personal identifiable information and can look very authentic. Therefore, it is better to diversify and utilize multiple sources of data to help protect your business.

Lenders contend the proposal goes beyond policing third-party debt collectors and could expose banks to enforcement actions and lawsuits.

In a sit-down interview, Cleveland Fed President Loretta Mester discusses how the FedNow real-time payment system will work alongside a big-bank one.

Merchants are embracing open banking at a high rate, creating new opportunities once consumers get on board, says Nuapay's Brian Hanrahan.

The Cleveland Fed president dismissed concerns about the central bank's faster payments system competing with The Clearing House's network, while saying that a national digital currency is less of a necessity in the U.S. than in other countries.

George Cook could have joined Somerset Trust, where his father is CEO. Instead, he founded Honeycomb Credit, a crowdfunding platform that competes with banks.

The payments company has loaned $5.5 billion to 275,000 small businesses, thanks to a data-driven process free from human interaction.

The Peach State is the latest to offer gamified savings programs as an incentive to draw in deposits and improve consumers' behavior.

APIs need to be designed with features such as defenses, proper authentication, batching, and throttling in mind, says Shape Security's Jarrod Overson.