Technology

The high-profile Michelle Moore will step down at year-end, to be replaced by David Tyrie. More synergy between digital operations and consumer products, while maintaining financial discipline, seems to be an important priority.

Automated payment technology provider Yooz North America is partnering with digital payment provider SnapCheck to help companies speed up accounts payable processes, while cutting operational and fraud costs.

Traditional financial institutions still have an advantage over challenger banks when it comes to building relationships with small merchants, despite scandals that have befallen megabanks.

In a letter Monday to Federal Reserve Board Chairman Jerome Powell, the four House Democrats argued that the nation’s aging payments system is contributing to economic inequality.

KBC Bank, a unit of Belgian banking and insurance conglomerate KBC Group N.V., launched a new spare change investing program that rounds up a customer’s daily spend and payment transactions to the next full Euro and invests the difference.

SigFig is partnering with Citizens Bank to launch an advice platform in its effort to become a direct competitor to legacy core systems providers.

As the gift card market grows and becomes increasingly digital, so has the product's utility. Thus, many consumers are shifting their habits and buying gift cards for themselves either due to an incentive program or to help with budgeting.

Several former policymakers have joined virtual currency firms as directors or advisers, but the trend carries risks for officials and consumers alike if these companies stumble.

Mastercard and Visa’s single online payment experience, which has angered some merchants and could shake up the e-commerce market from PayPal to Amazon, is progressing toward a 2019 launch.

After Rooam's initial launch of its nightlife payment app in its home base of Washington, D.C., the company has agreed to acquire a similar payment app provider to pave the way for its launch in Chicago.