Since romance frauds generate more than 10 times the money for scammers per event than other types of fraud, 2020 saw a substantial boost in the use of this tactic.

Some bank regulators are allowing companies that offer digital currencies to apply for a charter, potentially giving them a path to the Federal Reserve system without proper oversight.

JPMorgan Chase has hired former HSBC executive Jeremy Balkin as the new head of fintech and innovation for wholesale payments.

People open new accounts for a variety of purposes, often providing services banks don't provide, says FICO's Anna Hamilton.

The option to transact using Chase Pay will be removed from all merchant websites and apps by the end of the month.

David Heun, associate editor of PaymentsSource, talks to Sara Hafner, head of financial partnerships at Forter, about how the growth of online shopping has raised the stakes for fraud prevention.

Customers and partners will view an easy and reliable payment experience favorably, says Billtrust's Justin Main.

As the lockdown subsided and stores began to re-open, the habits of the British shopper had changed, forcing banks and merchants to adjust.

Dwolla has appointed payments technology veteran Dave Glaser as the fintech's first president and chief operating officer.

With the pandemic driving the need for contactless payment options in health care settings, RevSpring has extended its Deviceless Payments offering to include point-of-service payments — turning payments into mobile transactions and bypassing the need for point of sale terminals.