Payments

Western Union has found a way to expand its U.S. footprint without building new storefronts through a strategic relationship it’s established with deep-discounter Dollar General.

The gig economy presents many challenges in its reliance on a freelance workforce. Among those is the task of managing corporate spending for workers that don't use a corporate card or expense platform.

Under the hood of U.S. Bank's new mobile app; BofA, Wells Fargo sour on blockchain; are Fannie and Freddie too big?; and more from this week's most-read stories.

The firm wants to expand its acceptance in the United States only to accommodate Chinese tourists, a company official said Thursday. But the CEO of a U.S.-based payments firm expressed skepticism.

The U.K. prepaid gift card market is experiencing strong growth among consumers who buy them as gifts and for self-use, as well as among businesses that purchase them for customer loyalty programs and as employee incentives.

They haven't thrown in the towel yet, but comments by top executives at the two big banks suggested that their interest in finding financial services uses for distributed ledgers is wearing very thin.

Visa and Remitly have formed a partnership enabling U.S. consumers to send cross-border remittances in real time via Visa Direct, the card network’s debit push-payments service.

MoneyGram is investing more time and technology in helping law enforcement agencies spot the scammers moving money on its network.

Digital payment innovators have shown an almost limitless propensity to home in on banks’ turf, and Citigroup is ready to strike back.

Mainstream firms are joining the push to let cannabis firms use banks; the companies say they can help banks make lending decisions quicker.