Technology

French mobile payments app Lydia has raised €40 million (about $45 million) in a Series B fundraising round led by Tencent Holdings, owner of WeChat Pay.

Having grown up with smartphones in hand, these digital natives crave high speed and instant results, says Wirecard's Susanne Steidl.

The acquisition will vastly expand Visa's platform, giving it nearly Amazon-like influence.

Fearful of being the last one standing, banks and credit unions of all sizes will become more aggressive about real-time payments — or risk getting left in the past.

The ransomware attack chain uses a number of methods to infect an organization's systems, which can easily bypass an entire organizational security framework in seconds, according to Exabeam's Richard Cassidy

Mastercard is partnering with issuer processor EML and technology startup CleverCards to allow any business to send digital Mastercard payment cards directly to an employee’s or customer’s mobile wallet by SMS/text, email or any messaging app such as WhatsApp.

The National Retail Federation's annual conference, taking place this week in New York, is home to many innovations that could change the way merchants accept payments.

Stable coins will extract value amid the volatility of cryptocurrency valuations, argues Bolt Global's Christel Quek.

HSBC has launched its Treasury APIs to offer treasurers easier access to payment and account services, as well as to initiate the transfer of funds for B2B payments.

JPM, Citi shrug off low rates as strong economy propels profits; digital currencies start year with gains as optimism about its future grows.