Technology

The Fed should continue to play a key role in the new payments system, rather than leaving it in the hands of the country’s largest banks, Thomas Hoenig and Bruce Summers argue.

As more stores either close down or try to ban the use of cash, they aren't necessarily driving cash users to cards and mobile wallets. Instead, they are driving some to an environment that is, counterintuitively, more cash-friendly than ever: e-commerce.

To generate revenue, SoLo Funds depends on consumers willing to front funds through its platform.

Sweden-based Klarna is replacing the in-house customer authentication process it developed for its buy-now, pay-later online checkout option with a new approach to streamline merchant integration.

Shamir Karkal’s startup, Sila, is launching an API platform that gives developers a way to connect traditional bank systems to distributed ledgers like Ethereum.

International payments provider Currencies Direct is offering a new online platform for batch payments to help clients making multiple payments in different currencies.

Global payments provider Elavon has established a new partnership with Societe Generale for payments acceptance and acquiring services throughout Europe.

As the consumer payments technology market is becoming saturated, B2B payments have captured the attention of the investment community, writes Karla Friede, CEO of Nvoicepay.

When cutting through the noise generated by the highs and lows of cryptocurrency value, the underlying blockchain technology is poised to keep advancing toward mainstream payments.

System breaches similar to events at Equifax and Marriott could just as easily happen to credit unions, leading Mastercard and the credit union service organization, PSCU, to take protective measures.