Technology

The move will help consumers directly authorize payments to third parties without providing the physical card or full account details.

Even as consumers embrace digital payments in the U.K., the value and amount of cash in circulation remain high.

The market for fitness trackers is saturated with generic products, and Fitbit needs to differentiate with devices that have capabilities beyond counting users' steps and tracking sleep.

Jack Henry will be able to provide full-service credit and debit card processing to all existing core bank and credit union clients on a single platform.

When American Express debuted its Bluebird prepaid card in Walmart stores nearly five years ago, it was a sharp detour from the card brand's status as a product for the elite. But rather than bridge these two worlds, the Bluebird card has kept its market walled off.

Innovators offer speed, but banks retain customer relationships and a vast product range that can add services to payments.

One of the post-EMV migration complaints is the speed of the transactions. Consumers dip their cards into payment terminals and let them sit there for an amount of time that may vary from store to story, but always feels longer than the old school swipe.

Large banks and Nasdaq are applying artificial intelligence to the detection of bad behavior such as fraudulent account openings and market manipulation. The technology may spot misconduct where humans didn’t.

Canadian bank CIBC has removed its mobile payment app from the Google Play Store and ended support for it, opting to support mobile payments via Apple Pay and Samsung Pay.

Beyond is a culmination of the many things Carr's done in his life. That includes years spent as as a merchant acquiring executive—Carr was the CEO of Heartland Payment Systems; an author who has advocated for improving conditions for working class Americans while detailing his own challenges growing up in Illinois; and a philanthropist.