Payment cards

Shugar has previously held technology positions at eBay, Yahoo, Verisign and The Thomson Corp., among other companies.

The deal had been held up by U.K. regulators over concerns about competitive balance.

The company's selling product that's similar to a store-branded card, but without the physical plastic. It hopes to appeal to small or midsize stores that don't want to run their own credit programs.

Australian regulations recently denied banks the right to negotiate with Apple Inc. to directly add Apple Pay to their digital apps, but the victory may do little for Apple, considering consumers in the country appear to have little interest in using mobile wallets.

Charlie Scharf, the former chief executive officer of Visa Inc., was named chairman of the New York City Ballet, the largest dance organization in the U.S.

Instant card issuance is an older technology, but it's tailor made for the digital and mobile world, where instant gratification is key.

There are lots of new technology driven payment startups, though most still at least partly rely on the traditional card/bank model.

Thousands of U.S. merchants are still holding out against EMV because they see no immediate threat from counterfeit card fraud, and business goes on. But a less obvious change in payment card acceptance may finally force them to upgrade.

Shoppers are going to have to choose which apps to keep and which to delete or hide, making it important that retailers develop an app that's worthy of repeated use.

President Donald Trump's plans to deregulate the financial services industry still lack detail, though Mastercard is betting on a more favorable legal environment in the future.

Mastercard CEO Ajay Banga was among the financial services, payment and technology executives to express worry or opposition to President Trump's travel ban for certain Middle Eastern countries.

Achieving the coveted “top of wallet” status is tough for banks, not least because their own credit and debit cards often compete with one another for priority status with the same customers.

Achieving the coveted “top of wallet” status is tough for banks, not least because their own credit and debit cards often compete with one another for priority status with the same customers.

Over the past five years, the slow-but-steady rise of mobile wallets seemed to signal the end of the plastic card era. But that's not how things played out.

The potential user base is huge. Tencent Holdings has 846 million global monthly active-user WeChat accounts, and more than 300 million have linked bank cards.

Biometrics has long had an interoperability gap. Visa is trying to address that with a new project that brings flexibility to biometric options.

Comdata says the majority of fleets are relatively small, and are underserved by most existing platforms.

By collaborating with consumers' favorite products or retailers, loyalty programs can get an extra punch.

Visa and Mastercard are teaming up with wallet providers and technology companies to accelerate payments innovation.

The card network will test a new business-to-business payment service powered by the tech beyind bitcoin.