Payments

Apple has launched its contactless Apple Pay Express Transit Mode, which does not require authentication such as Touch ID, for the Transport for London mass transit services.

Apple has launched its contactless Apple Pay Express Transit Mode, which does not require authentication such as Touch ID, for the Transport for London mass transit services.

The CFPB has promised an equal-access rule for small-business lending for nearly a decade. But Apple’s recent discrimination inquiry into its credit card could force the agency’s hand.

PayPal is moving ahead with plans to integrate with both Amex and Discover, and the details of how PayPal will work with these card networks are starting to take shape.

PayPal is moving ahead with plans to integrate with both Amex and Discover, and the details of how PayPal will work with these card networks are starting to take shape.

Adoption of contactless is already well under way, and in a few years consumers will likely look back and recall the bad old days when valuable time was taken up waiting for transactions be processed and wonder how they ever coped without the speed, ease and convenience of contactless payment cards, writes Fiserv's Jamie Topolski.

While manual fraud prevention may be manageable at first, as the number of payment types and channels increase, it can rapidly become untenable, says The ai Corporation's Mark Goldspink.

More people are buying digitally, but issues of fraud and authentication could affect this trend.

While manual fraud prevention may be manageable at first, as the number of payment types and channels increase, it can rapidly become untenable, says The ai Corporation's Mark Goldspink.

Visa is adding more fintechs to a platform that puts the card network in the role of a network-agnostic payment technology company to support open banking.

Visa is adding more fintechs to a platform that puts the card network in the role of a network-agnostic payment technology company to support open banking.

Stephen Ranzini, CEO of University Bank, says The Clearing House's RTP and Early Warning's Zelle handle enrollment, encryption and authentication insecurely.

Tariffs and other macro factors have introduced new uncertainty into international trade.

Tariffs and other macro factors have introduced new uncertainty into international trade.

Technology development speed has improved for challenger banks, but there are safety challenges from JavaScript, says Jscrambler's Rui Ribeiro.

With only 17 million users, compared to PayPal’s 300 million, Honey seems minuscule. But this is PayPal's largest acquisition ever by price, and it far eclipses the $800 million PayPal spent in 2013 for Braintree, which owned Venmo.

New tech like APIs and artificial intelligence will help consumers manage all their finances through an app, rather than just transfer funds.

Most mainland investors can still only watch gains in Alibaba Group Holding Ltd., as China’s most valuable listed company extends increases after its Hong Kong stock exchange debut.

One recent study finds consumers have flipped their point-of-sale preference from credit to debit. That could be a sign of fears about a possible economic downturn.

Yale researchers have recommended several consumer banking products and services that could help those with mental health challenges manage their money.