Payments

The consumer app, which was originally distinct from the company's merchant network, can now be used to pay via a QR code.

The wireless network will send digital request-for-payment messages, which can be paid immediately over The Clearing House's network from a Citigroup account.

Toast Inc., which helps restaurants handle payments, is seeking as much as $717 million in a U.S. initial public offering. 

Stripe, the digital payments company last valued at nearly $100 billion, is in early discussions with investment bankers about going public as early as next year, according to people with knowledge of the matter.

The myWalgreens app functions as a hub for the retailer's growing range of financial products. It's designed to encourage consumers to use their Walgreens card accounts for deposits and payments.

Apple was ordered by a court to allow developers to steer consumers to outside payment methods for mobile apps, in a ruling that is a severe blow to the iPhone maker.

The revenue that banks earn from these loyalty programs provides a substantial offset to potentially shrinking interchange fees.

Businesses requiring customers to show proof of vaccination could streamline verification by incorporating inoculation records into wallet apps that patrons already have on their phones.

Meta Financial Group’s next CEO, Brett Pharr, is expected to keep the company's prepaid and digital banking strategy on track.

The bank is taking a majority stake in a VW unit that enables drivers to use their dashboards to pay for such services as gas or parking. It's a recognition of the innovation taking place in the automotive sector.