Technology

LG is officially throwing its hat into the mobile payments arena with the launch of LG Pay in Korea. Available only on the flagship LG G6 handset, its technology has a lot in common with Samsung Pay, but may not be much of a challenge to its rival if it should come to the U.S.

Merchant acquirers are racing to sell "integrated payments," or a one-stop shop for transaction processing and myriad other services that stores can tie to the point of sale. But small to medium sized businesses are not often the targets for these efforts.

The millennial generation — defined by some as consumers 18 to 36 years old — has shifted the expectations for how banks and retailers approach payments. Here are some of the trends driven by this tech-savvy demographic.

Readers weigh in on the in-store branch model, how community banks hone their message, the difficulty cash-strapped consumers face in finding bank loans, and more.

Fed Gov. Jerome Powell says central bank will provide more information to banks about how it conducts annual tests; bank CTO discusses its 2018 blockchain test.

As with anything high-tech, early predictions held that millennial men would be first to adopt mobile wallets. But two new research studies are casting doubt on the assumptions about the roles gender and age are playing in the mobile payments adoption curve.

Business are still reluctant to automate payments and billing, though that can hurt companies financially, writes Daniel Andrew, a vice president at Corecentric.

Here are some major ways that mobile banking, P-to-P payments and fintech are changing banking.

The digital banker of the year is B of A’s Michelle Moore. TIAA's Kathie Andrade compares career advancement to a rock climb. Plus, Marianne Lake, Ellen Alemany and Wonder Woman.

Kmart has been hit with a malware attack that has resulted in the compromise of payment card credentials for the second time in three years.