Payments

Terrorism financing schemes using cryptocurrencies are growing in sophistication, according to researcher Chainalysis Inc., which helps law enforcement track digital-coin transactions.

Fears that the New York banking giant’s consumer lending product could cut into a key credit union market appear to have been overblown.

Small and midsize businesses often struggle to manage their cash, requiring new means to move funds, said Finsync's Eddie Davis.

The move to dump passwords in favor of more flexible authentication will likely happen in clusters, with schools providing many of the factors necessary.

Plaid may be a more problematic acquisition than Visa made it out to be. But without Visa, those problems were likely to get a lot worse.

French mobile payments app Lydia has raised €40 million (about $45 million) in a Series B fundraising round led by Tencent Holdings, owner of WeChat Pay.

Having grown up with smartphones in hand, these digital natives crave high speed and instant results, says Wirecard's Susanne Steidl.

The acquisition will vastly expand Visa's platform, giving it nearly Amazon-like influence.

Fearful of being the last one standing, banks and credit unions of all sizes will become more aggressive about real-time payments — or risk getting left in the past.

The New York bank said Wednesday that its first-ever credit card has brought in nearly $2 billion of loans in less than six months.