Technology

JPMorgan Chase and Co. will update its QuickPay person-to-person mobile payments app because the consumer experience could be better, according to Chase CEO of consumer and community banking Gordon Smith.

A proposal to improve the way online banking information is shared with data aggregators has sparked a debate over a decades-old practice.

Remittance incumbents and digital startups are aggressively dismissing each other in public statements, though both sides have distinct advantages in the battle to control the expanding remittance payments market.

Payments are proving to be an enticing use case for wearable computing, drawing the attention of companies as varied as amusement parks, banks and phone manufacturers.

Merchants are enticed by the lure of the huge e-commerce market in China, enough to give a number of early client wins to Alipay's U.S. merchant acquisition effort.

Home Depot Inc., which suffered a data breach between April and September, said 53 million e-mail addresses were taken by hackers during the attack, in addition to the 56 million payment cards that were previously disclosed.

Every day, debt collectors deal with people who have found themselves in tough and sensitive financial situations.

The much-anticipated launch of Apple's mobile wallet was followed by a series of minor disasters for the fledgling payment system. Apple must overcome all of these obstacles if Apple Pay is to succeed.

U.S. Bank, which has been aggressively building business payments technology, is adding Viewpost’s electronic invoice and payment network to the bank's website.

Soltra Edge promises to let financial institutions react to cyberthreats in milliseconds — without human intervention — by translating bankers' warnings from plain English into a format that security software can read.