Payment processing

Beyond is a culmination of the many things Carr's done in his life. That includes years spent as as a merchant acquiring executive—Carr was the CEO of Heartland Payment Systems; an author who has advocated for improving conditions for working class Americans while detailing his own challenges growing up in Illinois; and a philanthropist.

A group of credit unions is working to get a jump how real-time payment processing fits into their world, even as the broader payments industry wrestles with questions about the technology's implementation.

The shift in payments at hospitality businesses such as restaurants is hard enough, but it's made even more challenging by the pace and breadth of the changes.

U.K.-based TransferWise has enabled online customer verification at its new Asia Pacific base in Singapore, so users need not visit an office to set up an account with TransferWise's cross-border funds-transfer service.

The B-to-B payments market is ripe for digital innovation. Here are some of the most recent moves to bring B-to-B payments up to speed.

While Germany's Wirecard AG in recent years has been steadily racking up a deep portfolio of payments technology fused with banking services through a white-label approach, it has also quietly established a global business through acquisition.

KKR & Co. reported first-quarter profit that topped all analyst estimates as payment processor First Data Corp. and other holdings drove gains.

The payments processing and technology giant should add more merchant services and marketing to its Star network to overcome competitive and regulatory pressure, writes Eric Grover, a principal at Intrepid Ventures.

Walmart adjusted two of its long-standing, in-house offerings this week, saying it was lowering the rates for its domestic Walmart2Walmart money transfer service and adding a digital money transfer service with Bluebird2Walmart.

The global messaging network Swift and its fintech challenger, Ripple, have been vying for bankers’ hearts and minds for more than a year. Whoever prevails, their latest moves could bring needed change to how international banking is done.

In the midst of some company restructuring, Total System Services Inc. delivered a 60% increase in total revenue during the first quarter of 2017 at $1.2 billion, compared to last year's $739 million.

Vantiv has agreed to acquire Paymetric, an Atlanta-based company that automates business payments processing.

With The Clearing House still targeting November for the launch of its Real-Time Payments service, it relies on a wide range of partnerships to introduce this offering to the banks that would use it.

D+H Corp. has opened its technology to U.S. banks for testing on The Clearing House’s real-time clearing and settlement network in the next phase of development of faster payments.

Attacks on ATMs and point-of-sale machines are getting more sophisticated and frequent. Crooks are trying to get as much use as they can out of their skimming devices before the migration to chip cards is complete.

Using a program built by Ripple, BBVA has transferred about 50 euro-denominated payments to Mexico from Spain in seconds. Such transactions normally take up to four days to clear, the bank said.

Payments and liquidity management provider Dovetail wants to make sure banks in the euro zone have the systems in place to allow business customers to take advantage of new options for sending and receiving payments later this year.

The majority of small and medium-sized businesses in the U.S. and Europe express an interest in real-time payments, but very few are aware of the current options being tested and brought to market.

Attacks on ATMs and point-of-sale machines are getting more sophisticated and frequent. Crooks are trying to get as much use as they can out of their skimming devices before the migration to chip cards is complete.

Ripple's distributed ledger platform has fed an appetite for cheaper and more efficient cross-border payments, but it may not measure up to the needs of a larger market. Ripple wants to scale its payment system to something resembling a large card network.