Technology

Square will enable sellers to make daily bank deposits, adding another in a series of merchant-focused perks designed to diversify revenue streams and sweeten the company's appeal to businesses.

There may be bumps along the way, but PayPal, Mastercard and Visa all share the same goal, according to Mastercard CEO Ajay Banga.

Banks can borrow some of the best practices from mobile-first fintech firms in order to compete with startups for millennials.

The cybersecurity climate is already an all-hands-on-deck situation, so one more threat – even one prompted by one of America's loudest voices – may not matter.

"Nobody really paid attention" when the technology for algorithmic portfolio management and investment advice was developed five years ago, says Gauthier Vincent of Deloitte. But now that robo startups are all the rage, retail banks want in.

Seven months after disclosing a test enabling Venmo P-to-P users to buy goods and services in-app, the PayPal unit has rolled out the "Pay with Venmo" feature to all users and expanded the list of participating merchants.

TSYS is beginning to integrate its $2.4 billion acquisition of TransFirst, an initiative the Columbus, Ga.-based processor hopes will substantially extend its ability to serve merchants in the high-pressure arena of multichannel commerce.

Apple plans to enable Apple Pay on its Safari Web browser by this fall, enabling users to make purchases directly from websites, but its vision for taking Apple Pay to the Web does not seem to extend much further.

International payment services provider Planet Payment and South Africa’s Absa Bank are expanding availability of Planet Payment’s Multi-Currency Pricing Solution through a new partnership with Xpressa, a Johannesburg-based company offering online and point of sale payment solutions.

Mastercard has announced a partnership with Singapore’s mass-transit agency, Land Transport Authority (LTA), for a contactless payment pilot, marking the first example in Asia of a transit system enabling open-loop payments, Mastercard said.