Cards

Apple is reportedly adding person-to-person payments to Apple Pay, based on technology from the bank-run clearXchange network. If this feature comes to market, it will face many competing systems that run on Apple's own handsets.

Millennials are increasingly shunning big banks and going local with their money.

The Shazam PIN debit and ATM network has added the Independent Community Bankers Association of New Mexico to its client list.

Gift cards don't seem like the coolest technology in the payments world, but new and reinvented digital gifting platforms are changing the conversation – by borrowing text-messaging staples like emoji.

Have consumers benefited from the Durbin amendment? Unfortunately for opponents of the Dodd-Frank Act provision that capped debit swipe fees, no one is qualified yet to answer that question.

The alliance between JPMorgan Chase and the Merchant Customer Exchange represents more than an olive branch between two industries that have typically been at war over fee revenue — it's a result of a years-long transformation in how Chase approaches its relationships with the retail sector.

Most mobile wallets clearly favor one industry over another, with banks and retailers often pitted against each other in a battle over payment card fees. JPMorgan Chase just made a stunning move by conceding some of this ground to the benefit of the Merchant Customer Exchange.

United Services Automobile Association, which serves members of the U.S. military and their families, told customers it’s dropping its partnership with MasterCard Inc. in favor of Visa Inc.

Consumer Financial Protection Bureau Director Richard Cordray issued a public rebuke of RushCard on Friday, warning that it must rapidly fix technical glitches that have left customers locked out of their accounts.

Xpress Money is offering up its own slate of self-service kiosks, the 16-year-old global money transfer has announced.