Merchant

If everyone has a universal digital identity, the documents that identify us in the physical world will no longer be necessary, writes Michael Gorriz, group chief information officer for Standard Chartered Bank.

Credit card issuers are beginning to see significant upticks in credit card account charge-offs, with Discover the latest to report a spike, flagging a 55% hike in losses during the most recent quarter. But what exactly is driving the increase?

A "smart" token is a regular token on steroids, transmitting the information needed to authorize the transaction together, including enhanced counterpart identity, transaction and invoicing data, writes Marten Nelson, vice president and co-founder of Token.

Four months after partnering with linked2pay's Bank Centric Payments platform, ICBA Bancard says it will support real-time posting of payments for community banks and their small business customers.

Germany-based Payworks is the latest to partner with Ant Financial’s Alipay as it works to expand the base of merchants capable of accepting the popular Chinese online and mobile payments app in Europe.

Global Payments hasn't hesitated to shell out huge dollars if it provides a quick-strike opportunity to pair technology with multichannel payments in markets where such marriages remain rare.

Square Inc.’s lending business is booming, but Chief Executive Officer Jack Dorsey said that rather than competing with banks, his company is focused on offering traditional banking services to more merchants and consumers who might not have easy access to them.

The online lending platform Kabbage announced Thursday it has raised $250 million from the Japanese telecom giant SoftBank, marking its largest equity fundraising round to date.

Shopping and paying for goods with a smartphone or tablet has been a staple of modern consumerism for years, but mobile wallet adoption is just at its early stages, writes Lisa Stanton, president of InAuth.

Enticements such as rewards, loyalty points and coupons seldom face pushback as a marketing concept, but there's been recent concern that these programs are devouring potential revenue from consumers who would be willing to pay full price.