Merchant

With the recent release of new operating systems for both iPhone and Mac, Apple Pay is available on desktops, marking the continued expansion of Apple’s mobile payments platform. Now, users can click the Apple Pay option on desktop sites and authenticate purchases using mobile devices.

California Bank of Commerce in Lafayette has hired a veteran credit administrator to help expand its small-business lending.

West Town Bancorp in Illinois has revved up its government-backed lending to small businesses, making it a good example of how community banks can outhustle big lenders in the quest for new sources of fee income.

Mobile wallets check off several boxes on consumers’ payments wish list: ease, convenience and options.

CHICAGO – Major retailers know what they are up against with Amazon, an e-commerce retailer pulling in 183 million visits per month on its site.

Restaurants are already busy adjusting to consumer trends toward mobile payments and a rough transition to EMV payments. But there's also a back office payment problem with slow, costly paper checks and invoices for payments to restaurant vendors and suppliers.

The Wells Fargo phony bank and credit card accounts scandal is barely five weeks old, but it felt like John Stumpf had been hanging on for five years.

CHICAGO -- Investment organizations are bullish on retail and its underlying payments and omnichannel technology, though Amazon's e-commerce dominance is throwing some cold water at the market.

CHICAGO -- At some point, the Federal Reserve Bank's three-year journey to create a faster payments system in the U.S. will run head long into one of its major challenges -- making sure it can operate within all networks.

Institutions should define data "liabilities" and "assets" and represent them in a way that both touts data successes and is transparent about data gaps.