Payments

It’s no overstatement to suggest that stored value plays a role in nearly all of our daily lives. This suggests that the digital transformation of these instruments should be life-changing. But that hasn’t happened—yet, writes Chris Demetree, CEO of Lazlo 326.

It’s no coincidence that with more than half of consumers ages 20 to 29 now holding credit cards — up from 41% in 2012 — 90-day delinquency rates are at a seven-year high, according to the New York Fed.

Bank of America Merrill Lynch has added Apple Watch capabilities to its CashPro Mobile app, so business customers may approve corporate payments on the go.

It’s no coincidence that with more than half of consumers ages 20 to 29 now holding credit cards — up from 41% in 2012 — 90-day delinquency rates are at a seven-year high, according to the New York Fed.

Digit's savings app, relying on JPMorgan Chase's new real-time payments service, will offer customers an instant withdrawals feature that uses savings as a cushion against checking overdraws.

The Clearing House's Real-Time Payments Network has been slow out of the gate, but it's getting some much needed adoption via a collaboration between personal financial management fintech Digit and JPMorgan Chase.

We must challenge ourselves with transparency by neutralizing gender-specific language in company job advertisements to reach a more diverse pool of candidates and drive responses, writes Nicole Baxby, an account director at Featurespace.

Petal's getting aggressive with its incentive marketing by approaching consumers with limited credit histories, and it's betting artificial intelligence can handle the higher risk.

Apple’s aggressive posture when it makes moves in retail and payments has drawn a lot of pushback and controversy, but its setback in the Supreme Court could be the most dire threat yet to the growth of Apple Pay.

The legislation from Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez is part of an effort to shift the range of what is thinkable in Washington to the left. It may also serve to highlight the vulnerabilities of Democrats with bank-friendly records.

On Dec. 31, 2018. Dollars in thousands.

Apple's App Store was a game changer for mobile payments. But Apple's ecosystem was also very much a digital Wild West, with app developers and Apple itself sometimes running afoul of regulators and legal authorities.

As fintechs race to reinvent transit payments, Uber's laying the groundwork in Denver to make sure it takes a leading position.

Amazon is undeniably a juggernaut in the realm of e-commerce and digital payments — but its journey was filled with missteps and failed experiments.

Solving open banking's challenges requires a whole new approach to international payments beyond basic open development, says Marten Nelson, co-founder of Token.io.

The bank may end its venture with First Data to work on its own; State Street and BNY Mellon's fee revenue from investor clients and stock prices are down.

A dynamic digital identity that can work across functions and channels has to start somewhere. To get into digital ID at the ground floor, more companies are pushing to address identity risk when onboarding new accounts.

Most do not have an independent treasury function, making cross-border finance difficult, contends Chen Amit, CEO and Co-founder of Tipalti.

ACI Worldwide launched a new mobile wallet with loyalty capabilities to bolster its Universal Payments platform with consumer bill-paying services.

Payments wearables have run the gamut from gloves, to sports jerseys, sunglasses and more, but there possibly hasn't been one as eye-catching as a diamond-encrusted bracelet.