Payments

A top Bank of England official has doubled down on claims that new technologies such as digital currencies could present lucrative new opportunities for businesses.

The fintech added support for Android handsets, giving the company more juice for its brick-and-mortar ambitions and making it more competitive with the many companies trying to transform the point of sale.

TD Bank gets approval to buy a U.S. brokerage, Western Union adds installment payments, and American Express is awarding $1 million in grants to restaurant operators. These stories and more in banking news this week.

The card network is offering incentives to help cash-strapped small businesses eke out savings they can't get on their personal cards.

Goldman Sachs said that investigations and inquiries into its credit-card business has expanded beyond the Consumer Financial Protection Bureau to include other government agencies.

A pair of payments startups are getting strong traction with products that can be used to counter a recent slump in charitable giving.

Goldman Sachs is offering its richest clients access to a fundraising round for Stripe, the payments giant that's trying to raise billions in part to cover a looming tax bill.

Former Mastercard chief executive Ajay Banga is a surprise pick to be the next president of the World Bankm as Washington pushes the lender to expand its financial firepower and confront global issues such as climate change and public health.

The terminal maker's collaboration with Splitit, Klarna and biometrics firm Fujitsu Frontech are an attempt to go beyond the limitations of traditional payments hardware.

Digital asset startup MoonPay has appointed former Coinbase executive Asiff Hirji as its new president and chief operating officer. Hirji aims to continue the company's push into the nonfungible token market.