Mobile payments

Businesses may need to rethink their approaches to identity verification for millennial consumers.

Businesses and consumers using Ingo Money will be able to pay credit card bills through U.S. MoneyGram locations.

Tablet-based point of sale terminals may look sleek and modern, but under the hood they must wrestle with many of the same challenges that older hardware faces.

By any account, cash still reigns in Latin America. The World Bank estimates that just one in five in the region has a credit card, and most residents still lack access to a financial institution.

Mobile transactions are getting faster and more efficient. As smartphones become more ubiquitous, more consumers are ready to pull out their phones to make a payment—and expect the option to do so.

Big-box retailers aren’t the only ones being forced to change the way they do business as giants like Amazon reshape the way consumers shop and consume services—small businesses also get caught in the storm.

SVB Financial and Mastercard have accepted six startups for the fifth installment of their accelerator, Commerce.Innovated.

Mobile payments are catching on in Europe at a fast clip, as the number of consumers regularly using a mobile device for payments has tripled since 2015, according to new Visa research.

When retailers first started developing mobile wallet apps, they did so to fight back against Apple Pay and the banks. Today, they are working against a bigger threat: Amazon.com.

As consumers get more comfortable opting into location-based mobile services, U.S. Bank has begun asking them to let it see where they're going so the bank can fine-tune its fraud management.

The “Pays” of the world – Apple, Android, Samsung and others – get a lot of attention for changing the face of the payments industry, but will have little or nothing to do with actually reframing the next generation of payments, experts say.

CHICAGO – Major retailers know what they are up against with Amazon, an e-commerce retailer pulling in 183 million visits per month on its site.

CHICAGO -- Investment organizations are bullish on retail and its underlying payments and omnichannel technology, though Amazon's e-commerce dominance is throwing some cold water at the market.

Square Inc. tried to sell its food-delivery business, Caviar, but couldn’t find a buyer willing to pay enough, according to people familiar with the matter.

Millennials are experts at navigating social media and messaging apps, but they could use some help when it comes to managing their money, concluded the U.K. fintech team behind Plum, a new app aiming to bridge this chasm.

Arguably the biggest shift was that of Avid Modjtabai, the head of consumer lending, who has been named chief of the new payments group focused on digital and online offerings, investments in research and development and strategic partnerships.

When eBay and PayPal purchased Braintree for $800 million in 2013, it was seen as an immediate fix for PayPal's troubled relationship with the developer community. Today, that transaction is showing a long-term benefit as well.

A bipartisan group of House lawmakers on the financial services panel introduced legislation Wednesday that would help banks remotely open accounts.

Apple Pay is steadily making its way around the globe, though it hasn't always had the full support of the major banks in each region. By the end of October, Apple Pay will be live in 10 markets.

Concerns about fraud and theft risks are inhibiting adoption of mobile wallets, yet nearly 60% of executives say mobile money will build their business because it is safer than alternatives like cash and cards, according to new research from NTT Data Consulting and Ingenico's ePayments division through Oxford Economics and Charney Research.