Payments

The quick adoption of financial technology, coupled with remote work, requires firms to focus on internal innovation as well as customer-facing advancements.

Central bank digital currencies are moving much faster in China and Latin America, where the financial structures are less complicated than in the U.K. and U.S.

Mobile wallets have seen strong adoption as an in-store payment method in China, but have lagged in appeal in the U.S. until recently. Coronavirus fears have caused many Americans to rethink the mobile wallet’s value proposition.

The Federal Reserve and other central banks deciding whether to compete with private cryptocurrencies should heed the financial stability risks, such as expanding the economic power of governments and altering longstanding payments models.

Affirm's deal to buy Returnly emphasizes the need to simplify the process when a point-of-sale lender stands between the consumer and merchant.

Amazon.com is poised to bring its automated checkout technology to full-size supermarkets, a significant milestone in the race to revolutionize how people buy their groceries.

More than 50 countries support Apple Pay, which launched seven years ago, but adoption still lags in certain developed regions including Israel, Mexico and South Africa.

The card brand is expanding identity theft protection and using data analytics to reach beyond its current customer base.

The card brand is expanding identity theft protection and using data analytics to reach beyond its current customer base.

Mainstream attention to crypto and active projects mean it's time to have a strategy for CBDCs, says R3's Todd McDonald.

Recurly is making the options available in its launch of Wallet, which represents a major expansion in its payment capabilities portfolio for its e-commerce and digital services clients.

Accounts payable is one of the most paper-intensive business functions, with lots of room for more environmentally sound processing, Daniel Ball of Medius says.

It is the largest global treasury bank so far to implement Mastercard’s direct debit service.

Two years after the country laid out plans for an instant-payments service backed by Saudi Arabia’s central bank, the project has gone live through a collaboration with Mastercard’s Vocalink and IBM.

The Federal Reserve and other central banks deciding whether to compete with private cryptocurrencies should heed the financial stability risks, such as expanding the economic power of governments and altering longstanding payments models.

Cardholders get a discount, but anyone can use the issuer's new airport lounge — even kids.

Banks face increasing competition from fintechs, third-party lenders and large technology companies as customer demands evolve, says Mastercard's Fabrizio Burlando.

Cardholders get a discount, but anyone can use the issuer's new airport lounge — even kids.

The PayPal subsidiary serves a more youthful and tech-savvy demographic than many of the mainstream payment companies that have already added crypto support.

The PayPal subsidiary serves a more youthful and tech-savvy demographic than many of the mainstream payment companies that have already added crypto support.