Payment processing

Avidia Bank joins the network even as other community banks call on the Fed to create its own real-time payment service to compete.

A German fintech firm that counts PayPal Holdings Inc. among its investors wants to expand its internet platform for bank-savings products to the U.S.

Mastercard is making a niche play in the hot point of sale financing market, teaming with Dividio and lastminute.com to offer installment loans at checkout.

Seven European banks are testing Swift's Global Payments Innovation real-time cross-border payments through the continent's Target Instant Payment Settlement process.

Visa's tokenization began as a way to shield digital commerce and has developed into a major catalyst for Visa in landing partnerships.

Fears are growing that the rapid rise in fee-charging ATMs could have catastrophic consequences for the U.K.’s fragile SME market, with major supermarkets and card networks predicted to be the biggest beneficiaries.

The private sector will be able to provide more efficient and innovative technologies for the industry.

Improvements in digital receipts should be enough to spur greater adoption, argues Mike Golebiowski, president of IBT.

A year after trying to save faltering payday lender Wonga, Balderton Capital is investing in the other side of the model by leading a $19 million Series A funding round in Wagestream, a U.K. startup that provides flexible payroll technology to avoid payday loans.

Universal standards such as the nonprofit nexo can support card payment acceptance stakeholders through a portfolio of implementation specifications and messaging protocols that harness the power and interoperability potential of the ISO 20022 standard.