Online payments

Starting today, banks and credit unions will get two extra chances every 24 hours to handle Automated Clearing House (ACH) credit payments. But by itself, same-day speed may not be enough to meet the demands of an increasingly digital world.

The Clearing House has selected hardware from IBM to help build the real-time payments system scheduled to roll out in 2017.

Cloud-based technology is bringing mobile shopping and payments to more companies, but it also increases risk due to the complexity of how these more open and remote technology tools get used.

CloudPay wants businesses with global operations to have an option to handle payroll and other human resources tasks through cloud-based software.

Alipay got its start in 2004 as a way for the customers of Alibaba Group Holding Ltd. to more easily buy goods online. Now the business’s parent company may be worth $75 billion, or more than Goldman Sachs Group Inc.

At the start of its fourth decade, the Automated Clearing House — a payment method most commonly known for facilitating payroll direct deposits — has found itself firmly in the crosshairs of the card networks and alternative payment providers.

The expanding base of contract workers who use mobile apps to set up jobs and receive payment is upending traditional payroll practices, requiring new levels of speed and efficiency from financial services companies.

Android Pay has added scale, winning support from banks including Chase, Santander and TSB, and broadening its Web payment capabilities.

As the threat of card not present (CNP) fraud continues to rise, a recent survey suggests many consumers are willing to take extra steps during a transaction to block online card fraud if their bank offered the option.

Health care stands to benefit from automated and easier-to-understand billing and payments, but PatientPay is betting that ridding the system of paper is required on the benefits end as well.

E-Commerce startup CaribShopper is fresh off winning an exclusive partnership with eBay to cover its expanding Caribbean footprint as it tackles a market that has a lot of promise, but also challenges in processing digital payments.

Mobile person-to-person payments didn't attract a following until companies like Venmo borrowed ideas from social networking when designing their apps. The same concept may also work for businesses, which need to manage the relationships they have with the clients who owe them money.

Like a lot of alternative payment startups, the light bulb for Marci Lobel-Esrig came from a personal experience that demonstrated how clunky and risky paper-based transactions can be.

Apple Inc. is preparing the first significant overhaul of its MacBook Pro laptop line in over four years, according to people familiar with the matter, using one of its older products to help reverse two quarters of sliding sales.

Beijing-based payment processor PayEase is partnering with KG Inicis, a South Korean payment provider on electronic payments in their respective markets.

Visa and Mastercard are making a lot of noise for initiatives that adapt their existing technology for faster payments in the U.S., but the alternative payment provider Dwolla is moving just as aggressively.

There may be bumps along the way, but PayPal, Mastercard and Visa all share the same goal, according to Mastercard CEO Ajay Banga.

Apple plans to enable Apple Pay on its Safari Web browser by this fall, enabling users to make purchases directly from websites, but its vision for taking Apple Pay to the Web does not seem to extend much further.

International payment services provider Planet Payment and South Africa’s Absa Bank are expanding availability of Planet Payment’s Multi-Currency Pricing Solution through a new partnership with Xpressa, a Johannesburg-based company offering online and point of sale payment solutions.

To hear PayPal CEO Dan Schulman tell it, his company's agreement with Visa this week is a transformative and history-making deal. But in at least one way, PayPal must make sure that history does not repeat itself.