Technology

Calculating the average U.S. phone bill to be around $80 a month, San Francisco-based Digit has established a way for consumers to more easily set aside money for that expense.

Square's merchants have shown early interest in cryptocurrency payments, and if merchants accept this new concept, it could exist along with other Square services to support numerous use cases, including broader financial services.

The financial wellness fintech focused initially on building an app that helped people understand their financial picture, CEO Jon Schlossberg says.

In a move to increase the attractiveness of its Real-Time Payment network, The Clearing House is raising the transactional limit for single payments to $100,000 starting Feb. 1.

In a move to increase the attractiveness of its Real-Time Payment (RTP) network, The Clearing House is raising the transactional limit for single payments to $100,000 starting February 1, 2020.

In a move to increase the security of card transactions, the Reserve Bank of India (RBI) is requiring all advanced features such as contactless to be turned off for new and re-issued cards until the user opts-in.

Moving to an open banking system comes with both costs and benefits that each bank will need to weigh before diving in.

Bank for International Settlements report says central banks don't have tools to handle climate change; banks could face different CRA rules.

Even in mature markets, consumers may not feel very connected to their payment cards. This is making issuers more reliant on selling data-driven experiences over simple transaction processing.

Buyers are researching payment options, and choosing suppliers accordingly, says MSTS' Brandon Spear.