Payments

Bank will have more business lines, all reporting to the CEO; a research paper says the accounting rule could result in eased capital rules.

Western Union's online strategy is paying off, as web transfers help overcome softness in troubled local markets.

While many consumers and large businesses are keen to adopt digital, real-time payments, there are still some groups of users that tend towards longer-established payment methods that are inconsistent with the digital economy, according to Standard Chartered's Tarek Elyafi and Shantanu Vijaykumar Bhosale.

Square is adding to its menu of services just as long-established competitors embed expanding payments technology into their own product mix.

Emburse, a new consolidation of several corporate expense management platforms, now supports instant reconciliation of business expenses at the moment the transaction occurs.

Whether it’s an online sale or a corporate supply chain, the need to silently transfer and convert currencies is inspiring a mix of rapid product development and investment.

Fraudsters are smarter and more devious than ever before. With that evolution comes an increase in successful fraud attempts, seen especially by companies that do not practice modern payment safety protocols.

Nacha is readying its network to meet with the demands of its financial institution members.

A new report from PSCU shows increases in spending levels and transaction volumes, along with a surge in mobile wallet usage during the holiday shopping season..

Visa typically adjusts its interchange rates every April and October, but this year it is getting an atypically strong response.