Payments

Western Union, the world’s largest money-transfer provider, will soon test banking products for its customers.

The digital transformation of payments has reached its next phase — with banks and fintechs leading the way. Avoiding the one-size-fits-all approach to deliver the experience customers want is key.

The pandemic spurred millions of merchants to add contactless payments within a year, pushing the number of global stores accepting contactless to 90%, according to new data from Mastercard.

First-quarter transaction volume rose 61% from a year earlier as merchants began using the bank-backed network to accept and make more payments.

First-quarter transaction volume rose 61% from a year earlier as merchants began using the bank-backed network to accept and make more payments.

More than a year into the pandemic, with the U.S. economy improving and consumers having paid down debt, bankers are finally loosening the reins in auto lending and credit cards.

The company hopes to someday return to 2019 levels of in-person money transfer activity, and its recent pact with Walmart is a big part of that strategy.

There is no doubt 2020 was a year of contactless transactions. But what implications do contactless payments present when it comes to security?

Payment facilitators give the power back to field service companies and allow them to run their business their own way, says WorkWave's Rick Agajanian.

The retailer's mobile app didn't allow sales staff to earn commissions. An arbitrator's ruling requires Macy's to update its app — and signals another complication in the shift to all-digital payments.

On Dec. 31, 2020. Dollars in thousands.

The debate over whether NFC or QR codes is the best technology to adopt persists. So far, there has been plenty of room for both.

While German consumers prefer using cash in stores and are accustomed to paying for products after delivery, the global nature of e-commerce is sparking a change in payment habits.

As businesses accept automation, more innovation is flowing into the market, says Billtrust's Flint Lane.

The debate over whether NFC or QR codes is the best technology to adopt still persists today. So far, there has been plenty of room for both.

Contactless ticketing innovation has long driven parallel adoption nearby retail. New work habits may change that dynamic.

The Alviere finance platform has entered a partnership with B2B fintech Currencycloud to offer its clients a multicurrency e-wallet for cross-border business payments.

People want their payments to be quicker, safer, and more readily available across a wider range of channels. How are industry leaders leveraging data to build stronger relationships with their clients?

The Los Angeles bank's service, offered in partnership with the fintech Extend, enables card controls and uses tokenized account numbers to improve security.

Social Finance is edging deeper into cryptocurrencies, allowing its customers to redeem rewards earned through the company’s app for bitcoin or Ethereum.