Technology

Clearpool's chief executive says BMO Financial Group, which is buying his company, saw a chance to gain control of cutting-edge technology that would help it cater to a special type of commercial customer.

Oceanpayment, a payment service provider launched six years ago in Shenzhen, China that specializes in global online e-commerce transactions, has agreed to provide merchant acquiring services for JCB, Japan’s top credit card brand.

The World Wide Web Consortium pushed for an answer two years ago to the mounting problem of mobile and online payment fraud in its release of the Payment Request API, designed to secure the exchange of payment requests and verifications on browsers.

Bank pilots and 'open banking' are paving the way for rampant adoption, says Fingerprints' Lina Andolf-Orup.

CurioInvest, an investment platform, and MERJ Exchange Ltd., a Seychelles-based digital asset exchange, are partnering to offer tokens backed by collectible cars. The companies say tokenizing the luxury assets as an investment could make them widely accessible to a bigger pool of people.

What Google ultimately does with its Google Checking service for banks will have a major effect on how mobile payments at all levels — from point of sale, to e-commerce, P2P and bill pay — will move forward.

Like its rival Mastercard, payments volume is on the rise at Visa, but the coronavirus complicates the near-term economic outlook and makes China an even tougher market.

Cubic Corp is trying to boost transit ridership by allowing rewards earned via mobile payment usage to offset the cost of fares.

TBI Bank is an early regional adopter of a program that allows SEPA instant faster payments for digital lending clients.

PayPal reported strong growth in revenues, earnings, payments volume and users, demonstrating as the company has finally transitioned away from the vestiges of its former eBay ownership.