Payments

Issuance of securities backed by the ostensible Libor replacement hit by money market turmoil; Jho Low will surrender luxury assets.

Dave & Buster’s will introduce mobile payments technology to its self-service kiosks dispensing game cards at the North American restaurant chain that combines dining with video games and other entertainment.

In launching a new international account for its business clients, Starling Bank is converting the bank's debit card to support payments in either pounds or euros.

Consumers needed payment platforms that could handle internet payments, and startups quickly filled the void, says Chief Outsiders' Mark Coronna.

PayPal is adding rewards to its Venmo credit card in a way that seems to echo Apple's strategy with Apple Card.

Many small banks remain skeptical of the payments network because it is owned and operated by big banks and they are waiting for the Federal Reserve to launch a rival service.

Finabler’s Xpress Money cross-border transfer service has partnered with Geoswift to enable consumers in global markets to send funds in real time to Chinese bank accounts.

Mastercard is aggressively building a business payments ecosystem as it keeps an eye on political headwinds it has little control over.

Congress should get behind the Fed's effort to launch a real-time payments service instead of getting in its way.

As consumers are increasingly moving to mobile devices to conduct financial transactions, they are enticing fraudsters to follow them into the mobile channel, according to new research from TransUnion's iovation unit.

President Xi wants faster research on blockchain, the technology behind digital currencies; low rates bring best home loan quarter in 14 years.

Nobody will be keen to go toe-to-toe with the Fed, which is the financial systems’ paramount regulator and central bank with virtually unlimited resources, says Intrepid Ventures' Eric Grover.

American Banker Capitol Hill reporter Neil Haggerty shares how the D.C. community reacted to Mark Zuckerberg’s congressional testimony and how it looks at the project now.

Uber launched a series of financial services to provide real-time wage payments and enhanced account features in a single app, seemingly putting Uber in the role of a digital bank.

A few weeks after debuting voice-supported recurring bill payments in India, Amazon is extending a similar feature to most of its markets.

Halloween is often overlooked as a minor holiday that involves no gift-giving. The reality is that Halloween marks the beginning of a long consumer spending spree that goes through major holidays including Thanksgiving, Christmas, Hanukkah, Diwali and others.

Flywire is working with Bank of America to streamline cross-border payments for the bank’s higher education and corporate clients, whose foreign transaction traffic is rising along with global commerce.

Mastercard has launched two separate initiatives that touch the health care market — blockchain for visibility in food systems and Mastercard Healthcare Solutions to detect fraud and bring efficiencies in health care organizations.

Western Union has gone live with a service enabling real-time cross-border remittances to India harnessing Unified Payments Interface, the central bank’s payment rails.

Newcomers to the U.S. tend to have a hard time getting credit cards because they lack credit history here. Amex has deployed technology from a fintech, Nova Credit, that could change this.