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PayPal, in a recent agreement with MoneyGram International, is demonstrating once again that digital payment systems aren't fighting cash — they are fueled by it.
October 22 -
Isis, the mobile-wallet joint venture formed by AT&T, Verizon Wireless and T-Mobile USA, launched its test today in Salt Lake City and Austin, Texas.
October 22 -
Establishing contactless card payments in taxicabs in Barcelona, Spain provides another indication that La Caixa Bank intends to make the city a case study for new payment methods.
October 22 -
A group of nine retailers asked a federal judge to approve a multibillion dollar settlement of a lawsuit challenging the way banks and credit card networks set interchange fees.
October 19 -
Is tiny the next big thing for independent sales organizations? That’s the dilemma ISOs have been facing ever since Square Inc. came on the scene two years ago, promoting card acceptance to babysitters, gardeners and yard-sale entrepreneurs.
October 19 -
Many payment products started out as something else, and many payment execs came to the industry from different backgrounds.
October 19 -
Buoyed by strong revenue growth in its credit card operations, Capital One said that its third-quarter earnings rose 48% from the same period last year, to $1.2 billion.
October 19 -
ReadyForZero is one of many companies that provide personal financial management tools to help consumers get a grip on their finances by letting them collect spending data from multiple accounts. Many of these providers do not allow payments, largely out of security concerns.
October 19 -
American Express is getting ready to spend even more to keep its best customers.
October 18 -
PayPal is streamlining its operations, consolidating nine different product teams into one organization.
October 18 -
For the past two years, the word "Isis" has meant a few different things for the payments industry. Its meaning will come into focus Oct. 22, when the joint venture will begin its much-publicized launch in Salt Lake City and Austin, Texas.
October 18 -
Consumers who own a debit card issued by their bank definitely prefer that payment method to other options, including alternatives such as PayPal.
October 18 -
Transit systems are a proving ground for payments: they require high-speed, sometimes wireless, and consistently reliable payments. New York’s subways, buses and taxis are constantly testing potential new systems, and not all succeed.
October 18 -
American Express Co. on Wednesday reported third-quarter net income of $1.25 billion, up 1% from the same period a year ago, as customer spending grew worldwide.
October 17 -
Visa is reportedly planning to name a new chief executive officer as early as this month.
October 17 -
Retailers’ mobile-pay apps are gaining popularity, and many merchants hope their customers will spread their brand affinity by using the apps to send virtual gift cards to a friend or family member’s device.
October 17 -
Giving merchants technical support whenever they need it — as opposed to a technology-based tool — is a lesson that’s taken on greater significance as FrontStream develops its product to compete with Square.
October 17 -
Dodd Frank 1073, which covers remittances and U.S. initiated international payments, is one of more than two dozen payments related rules or regulations either issued in 2012 or with a pending deadline during the next year, which cover most payment types.
October 17 -
Internet connectivity has become an imperative for U.S. small businesses, yet most companies lack formal policies for Internet security and even fewer have contingency plans in the event of a security breach that could expose payment-card and other data.
October 16 -
Bank of America is offering a service that makes it possible for travelers to retrieve their chip-and-PIN card's forgotten PIN without calling a customer service representative or waiting for a mailed response.
October 16





