Merchant

The Fed’s rate hike on Tuesday will raise bank's funding costs, serving as a stark reminder that a return to strong, broad-based business loan demand can’t come soon enough.

Target Corp. agreed to purchase grocery-delivery startup Shipt Inc. for $550 million, stepping up efforts to challenge Amazon.com Inc. in e-commerce orders.

Grupo Coppel and Insikt, an online lender, would appear to be cut from different cloth, but they share an expertise in providing credit to working-class, largely Hispanic consumers. The retail conglomerate also operates 1,000 bank branches in Mexico, mixing banking and commerce in a way that U.S. regulators have not allowed.

The case for real-time payments isn’t just about instant gratification. Truncating settlement times has enormous benefits to FIs, businesses and even governments.

Swedish payments company iZettle AB is said to be open to a sale as an alternative to preparing for an initial public offering, in a so-called dual-track process, according to a person familiar with the company's plans.

Interactive Brokers says it will allow customers to bet against the cybercurrency; aides to Alabama senator drafted for key regulatory positions to ease banking rules.

Financial services organizations increasingly need an unwavering commitment to customer experience in order to compete, or the competitor down the street will do it first, writes Chris Millner, a principal of financial technology and a payments consultant at North Highland.

Kroger Co., the largest U.S. supermarket chain, will begin offering JPMorgan Chase & Co.’s Chase Pay mobile wallet in certain markets beginning next year.

While much has been said about the "total supply" of bitcoin as a fixed amount, the reality is that "hard forks" in the Bitcoin blockchain have eliminated this limit, writes Mariam Nishanian, a spokesperson for Dentacoin.

For merchants, a processor that’s a tad better, a bit more comprehensive, can make an enormous difference, writes Eric Grover, a principal at Intrepid Ventures.