Online payments

Square Inc. is introducing a new e-commerce tool that lets merchants collect payments on their websites, putting the San Francisco company in more direct competition with online payments leader PayPal Holdings Inc.

Credit card issuer MBNA has confirmed it will be among the first to offer its customers the Android Pay mobile wallet in the U.K., which Google is expected to launch in the coming months.

If Apple Pay has had trouble finding new markets overseas, perhaps it's no surprise that reports are surfacing of another new frontier: E-commerce.

The international transfer business has become a game of spotting and quickly delivering new innovation, and the open development strategies that have worked so well for other types of digital commerce are finding a home at companies such as World First.

American Express Co. took a big hit last year when it failed to extend a lucrative partnership with Costco Wholesale Corp. Now it’s hopping in bed with a would-be Costco killer.

President Barack Obama is in Cuba, and Silicon Valley is tagging along for the ride.

PayPal Holdings Inc. said an updated order-ahead function on its redesigned mobile app is helping the company win more customers in the digital wallet race.

Incorporating stronger data elements and automated processes within aging payments infrastructure remains a monumental task for Swift and any others working to streamline networks or initiate faster payments.

Cross-border online payments provider Payoneer has added escrow payments to its services after completing its acquisition of Armor Payments.

Payment processing and technology provider Vantiv Inc. is partnering with merchant acquiring bank Credorax to expand cross-border e-commerce payments for Vantiv clients.

The focus on the smart-home device marks the latest frontier in the ways in which banks and payment companies are testing features on cars, fridges, watches and other internet of things.

The card brand is updating the Visa Checkout online payment platform with a new button that asks users to swipe, rather than click, to initiate a payment.

Billionaire Henry Sy, owner of the largest Philippine builder and retailer, has partnered with an online retailer backed by Germany’s Rocket Internet SE to target the rising number of consumers in the Southeast Asian nation who shop using the Internet.

Atlanta is flush with payment processors that handle more than 70% of the nation's transactions. These players now plan to expand their reach even further, hoping to make the southern city a fintech hub to rival Silicon Valley and New York.

Putting bank venture clearXchange's push for real-time person-to-person payments in motion, U.S. Bank says it is one of the first to make the service available to its customers.

The payments industry changes fast, and a business model that was viable just two years ago may be obsolete today. Some companies are making major updates to their strategies to stay ahead of these developments.

Facebook's big plan for payments is, true to its core mission, to build its network of friends as much as possible.

The Consumer Financial Protection Bureau on Wednesday ordered online payment processor Dwolla Inc. to pay a $100,000 fine for deceiving customers about its security practices — the first action it has taken related to data security.

It's long been common practice for Americans to head north for bargains whenever the Canadian dollar falls meaningfully below the greenback. During the current slump, they're doing so from the comfort of their homes by shopping online from small-time Canadian merchants.

The corporate disbursement market has long resisted reform, with more than half of U.S. consumers receiving at least one corporate payout via cash or check each year, according to Aite Group.