The central bank wants financial institutions to enable additional routing options for online purchases, a change industry advocates say would strain the resources of smaller card issuers.

The card network is bringing Verizon into its innovation lab to turn more phones into payment acceptance devices and use the growing number of consumer gadgets and digital assistants to better verify consumer identities.

Card networks are working with the Metropolitan Transportation Authority to build on touchless fare collection for marketing and commerce.

If the new Facebook Pay feels underwhelming compared to the social network's past efforts, that's by design. It's now taking a slower approach that could help overcome the privacy concerns that plagued earlier projects.

A posting for a digital currency job at Amazon stirred speculation that the e-commerce giant might begin accepting bitcoin at checkout. The company denies that — and experts say it has many other ways to make the most of its intended hire.

The payments company has completed development of its all-in-one portal. It's an ambitious project, but the first few services — such as bill pay and savings — are relatively straightforward.

Persistent coronavirus fears have accelerated consumer interest in checkout-free retail options like Amazon Go, just as new technologies like 5G make such concepts more practical to implement.

The card brand's recent deals to buy Tink and Currencycloud for a combined $3 billion are meant to give it a stronger presence in fast-growing fintech markets.

These nine fintechs have made their market debuts or signaled plans to do so in the past few weeks, continuing a robust year for both IPOs and e-commerce.

For years mobile wallets have been a solution in search of a problem — until now.

While pandemic restrictions cloud the sector's outlook, the London-based payment and fintech company is making hotel booking and other services part of its financial super app strategy.

The card brand's spots will focus less on credit cards and more on real-time payroll, cryptocurrency and mobile commerce.

The technology holds great promise for financial services, but it could be just as powerful for scammers looking to break payment card encryption. Visa, Mastercard and others are already building new defenses.

Apple Inc. is working on a new service that will let consumers pay for any Apple Pay purchase in installments over time, rivaling the buy now/pay later offerings popularized by services from Affirm Holdings Inc. and PayPal Holdings Inc.

The card network and telco are designing systems that use 5G to support more payment processes hosted in the cloud rather than on local hardware. The goal is to make services such as autonomous checkout available to small businesses.

The payments technology provider is adding a handprint biometric digital ID to its authentication system through a partnership with the French fintech A3BC.

The payment company is blending technology from its Swedish subsidiary with other features, such as invoicing, to provide a more robust offering to U.S. merchants.

Building on renewed consumer interest in digital payments, companies such as linked2pay and Pax are making it easier for retailers to add options like ACH and to import shopper data into back-office systems.

The timepieces are meant to appeal to consumers who are comfortable with wearable payments but prefer something simpler than a high-end smartwatch.