Payments

The boom in digital commerce led to a boom in hiring, and many payment companies have started cutting back. This is creating an experienced pool of talent for employers that have room to grow.

Bank of England Deputy Governor Jon Cunliffe said a new digital version of the pound could help protect consumers in the event of a failure in the banking system, adding to arguments in favor of a project make a form of cash usable online.

The online lending marketplace is teaming up with Upgrade on a card that operates like a fixed-rate loan, in a move to turn around multiple quarters of disappointing financial results.

The U.S. Securities and Exchange Commission is not the right regulator for stablecoins, according to Jeremy Allaire, the chief executive and founder of Circle, which issues the second-largest stablecoin, USD Coin,

A top Bank of England official has doubled down on claims that new technologies such as digital currencies could present lucrative new opportunities for businesses.

The fintech added support for Android handsets, giving the company more juice for its brick-and-mortar ambitions and making it more competitive with the many companies trying to transform the point of sale.

TD Bank gets approval to buy a U.S. brokerage, Western Union adds installment payments, and American Express is awarding $1 million in grants to restaurant operators. These stories and more in banking news this week.

The card network is offering incentives to help cash-strapped small businesses eke out savings they can't get on their personal cards.

Goldman Sachs said that investigations and inquiries into its credit-card business has expanded beyond the Consumer Financial Protection Bureau to include other government agencies.

A pair of payments startups are getting strong traction with products that can be used to counter a recent slump in charitable giving.

Goldman Sachs is offering its richest clients access to a fundraising round for Stripe, the payments giant that's trying to raise billions in part to cover a looming tax bill.

Former Mastercard chief executive Ajay Banga is a surprise pick to be the next president of the World Bankm as Washington pushes the lender to expand its financial firepower and confront global issues such as climate change and public health.

The terminal maker's collaboration with Splitit, Klarna and biometrics firm Fujitsu Frontech are an attempt to go beyond the limitations of traditional payments hardware.

Digital asset startup MoonPay has appointed former Coinbase executive Asiff Hirji as its new president and chief operating officer. Hirji aims to continue the company's push into the nonfungible token market.

CBDC tests in Japan, real-time payments in Singapore and India, and more. Here's what's happening around the world.

Government-operated payment systems aren't necessary and reduce choice, competition, innovation and value for consumers, businesses and banks.

TD Bank estimates it hands out 20 million pens every year. Huntington is getting close to offering its 80 millionth pen. It's a way to get a bank's brand to travel with customers across the globe, but is it worth it?

A new credit union service organization uses Prizeout's technology to incentivize members to buy gift cards from local stores.

If the industry's largest players reported more payment information to the credit bureaus, many consumers would qualify for better offers from competitors, the Consumer Financial Protection Bureau said. It's the latest example of the bureau's increased scrutiny of credit card companies.

To speed up customers' access to new and replacement cards, the Virginia-based bank created a process to provide a digital card number via the web or its mobile app.