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The number of transactions to send money across borders has risen for 36 consecutive months, but this could eventually slow.
July 25 -
The P2P service, based on the time its users spend with it, has the capability of luring users into other services attached to Venmo.
July 24 -
The brokerage expects customers will use conversational tech to check accounts and perform other financial transactions while stuck in traffic.
July 24 -
Accounts that offer high interest rates can bolster fee income and lower noninterest expenses, though credit unions have to carefully watch these products to ensure they actually make money.
July 24 -
Calling it the largest B2B trading platform in the world, Alibaba Group has opened Alibaba.com to small and medium-size U.S. businesses to reach an addressable market of $23.9 trillion.
July 23 -
Starbucks is looking to reclaim its role as the global leader in streamlined, intuitive order-and-pay systems through machine learning technology it’s developing in-house and through a deal with restaurant-tech startup Brightloom, its new equity investment partner.
July 23 -
Russia and its BRICS partners are developing cross-border alternatives to U.S.-dominated payments systems such as Swift, driven by the rise in cross-border trade and a desire to find non-dollar alternatives to international payments systems vulnerable to sanctions by the U.S. government.
July 23 -
Payments technology is advancing at such a rapid pace, the most valuable asset for those in merchant acquiring is expertise.
July 22 -
When Amazon was busy driving traffic to its site — and the likes of Walmart and Best Buy were aggressively trying to pull shoppers away — it also invited several issuers to compete to be the top-of-wallet card for Prime Day spending.
July 22 -
Even with an economy that has slowed to a "moderate" pace, American Express says U.S. consumers' spending trends remained solid and, in the case of Amex cardholders, they are willing to pay fees for cards that come with the right features.
July 19