Merchant

American banks are emerging from one of the most challenging decades for any industry in history, and one area that is showing a potential way forward is payments.

Federal financial regulators are incorporating lessons learned from the Swift hacks in their examinations, they told a lawmaker in a joint letter last week.

If there is a takeaway from Citigroup's not-quite-stellar rollout of the Costco Anywhere Visa card, it is this: Even in modern times, the transition of large card portfolios from one issuer to another can prove disastrously complex.

The recent hack of the DAO (short for Decentralized Autonomous Organization) and the subsequent reversal of funds on Ethereum's blockchain should finally put an end to a decentralization charade.

Rewards are considered a key driver to get consumers to adopt mobile payments, and Walgreens has tied its loyalty program to Android Pay.

Fundation Group, a New York-based online small-business lender, announced Tuesday that it has secured a $100 million credit facility from Goldman Sachs.

There’s no way to gift-wrap the EMV woes for issuers and retailers around the upcoming holiday sales season.

Acquirers and independent sales organizations have long heard a similar refrain: Adjust to the fast pace of technology or perish.

The recent security incident involving Oracle POS systems demonstrates once again that no system is immune to security breaches.

Citigroup Inc. mistakenly sent e-mails to some active Costco Wholesale Corp. members telling them their wholesale club membership had lapsed and that their cards would be canceled, bringing a fresh headache to the new partnership.