Payments

An early bank entrant to the BNPL space, Citizens Financial Group argues that other lenders are taking on too much risk by expanding into everyday spending categories.

The California tech giant's take on pay-in-four installment loans has a top-of-wallet positioning that banks and merchants are unlikely to be able to match.

The boost in the transfer ceiling — to $1 million from $100,000 — is opening new use cases for firms such as Dwolla that connect to the transaction rail.

The Columbus, Ohio-based bank will incorporate corporate and customer-facing digital tools it obtained by acquiring fintech Digital Payments Torana in May.

Bruised by recent public relations gaffes, the buy now/pay later pioneer is forging ahead with a plan to complement its installment loans with a physical Visa card.

Consumers share loads of personal information online that scammers can use to break into their bank accounts. But Royal Bank of Canada is betting that users will still keep their PIN codes secure.

Kristy Carstensen, U.S. Bank Payment Services' chief financial officer, discusses how digital innovation projects are opening finance to more communities, and the work that remains.

The chief executive of Klarna Bank has polarized opinion on social media after posting a contact list of former employees recently dismissed by the Swedish company as part of a drive to curb costs.

Scammers are using age-old tactics like phishing to take advantage of the uncertainty — and panic — stemming from the recent price swings of several prominent digital currencies.

This week in global news, U.K. banks suffer an online and mobile outage, Wordline enters the metaverse, a new cross-border payment option comes to Ukraine, and more.

Tandym, headed by a former Capital One executive, is rolling out a digital private-label credit card program that ties into sellers' loyalty programs. It has $60 million in backing from investors including Google’s AI-focused venture fund Gradient.

Cathy Beardsley, the CEO of Segpay, and Christiaan Brand, a security expert from Google, discuss how to overcome the hurdles that are still in the way of cryptocurrencies being widely used for payments.

10 things to know in May: The Credit Union Women’s Leadership Alliance is set to launch its coaching program, U.S. Senate confirms first Black appointee to Federal Reserve, and more.

One of the largest money-transfer services in the U.S. is attempting to broaden the adoption of digital currencies.

EMV and contactless payment technologies evolved at different paces around the world. Brian Byrne of the standards body EMVCo explains how the organization plans to cut through the clutter with its latest release.

The payment company has created a data pipeline to upgrade connections to storage clouds. It's a bid to make Stripe more appealing as competition from other fintechs heats up.

The nation’s six largest credit card companies are facing questions from the Consumer Financial Protection Bureau over their alleged failure to report customer payment data on a regular basis. The agency says that the industry’s practices can hurt consumers’ ability to qualify for cheaper loans.

PayPal Holdings began laying off staffers who worked in risk management and operations this week as the firm seeks to shore up profits after growth in spending on its platform stagnated in recent quarters.

American Express is the first issuer to use the search giant's virtual card technology, which uses tokenized credentials to replace other authentication methods.

The payments startup Bolt Financial is cutting staff, its CEO said in a message to employees on Wednesday.