Payment processing

The single-platform transfer is part of London-based Moneycorp's full integration of Commonwealth FX, a U.S.-based corporate international payments business it acquired at the start of the year —and part of a strategy to expand its U.S. market.

Once personal and financial information is accessible to criminals, it feeds the pipeline of future cybercrime for years to come, writes Ryan Wilk, vice president of customer success for NuData Security.

While nearly all banks, financial institutions and other organizations have a disaster recovery strategy in place, it’s clear that these plans are not enough to ensure these organizations remain online, regardless of what happens, according to Gijsbert Jassen van Doorn, technology evangelist at Zerto.

The Office of the Comptroller of the Currency has been taking the lead on a federal license for fintech firms, but the central bank will decide if such companies can access the payments system and other benefits.

Divido, a London-based retail finance marketplace platform provider, has raised $15 million in a Series A capital round that includes American Express and Mastercard as investors.

By using a network of vendors with existing payment and financial terms, TD Bank hopes to expedite the paper processing for supply chain transactions and treasury management.

By combining different types of structured and unstructured online data with the traditional offline data and applying data science to it, we can much more reliably discern whether a person's identity is real, according to Sunil Madhu, founder and chief strategy officer of Socure.

Stripe is making a Stripe Terminal available to its e-commerce clients, looking to unify online and physical point of sale payment streams.

Uber’s corporate existence has jumped from one PR crisis to another, but the company has always been lauded for how seamlessly it handles payments. Until now.

The growth and dominant market share position of payment cards in U.K. retail sales is prompting a new pushback from retailers who are wary of rising network fees.