Payments

Most consumers, when dining, still enjoy the simplicity of dropping cash on the table than using something newer, like an EMV card or a mobile wallet, even when those payment forms are becoming more commonplace in other stores.

The smartwatch revolution didn't begin with Apple, and the early adopters of wearables may not want to upgrade just to add payments. Fit Pay Inc. has a plan to meet this audience halfway.

Visa is rolling out a new transaction-notification service service today through the application program interface-based Visa Developer Platform the network unveiled last week.

Some say the U.S. payments infrastructure is a prime target for government-sponsored cybercriminals. But the aged and fragmented nature of our infrastructure could, for once, work in its favor.

PayPal technology exec James Barrese will leave the company April 1, according to an SEC filing.

Cross-border payment provider Payoneer will partner with digital marketing company Tradedoubler to provide commission-based payments between advertisers and online publishers.

Hong Kong's status as an iconic financial capital stands in contrast to its relatively lackluster record for technology. The city is regarded as below average as a hub for startups, and MasterCard places Hong Kong in the middle of the pack for mobile payments readiness.

Fit Pay in San Francisco has launched a campaign on the crowdfunding site Kickstarter to raise funds for the final production of a payment-enabled wristband developed for Pebble Time smartwatches.

Despite their recent growth, too few marketplace lenders are reporting data to the consumer reporting agencies, which could negative repercussions on the financial system.

A consortium of Swiss banks hope the country's reputation for banking, technology and smartphones will give its financial institutions a commanding position for in-store and in-app payments.

Developers will now be able to access much of Visa's technology and services as the card network looks for ways to meet the demands of consumers increasingly relying on connected devices to transact.

For the first time in its nearly 60-year history, Visa is inviting third-party software developers onto its network with the goal of advancing digital commerce.

Seamless, a Swedish maker of mobile payments software, has partnered with Xpress Money for international money transfers.

Square, which has been selling its Apple-friendly new reader for $49 on its own site, revealed Feb. 3 that it will sell the readers for the same price at Apple stores.

Contactless payment company Zapper is integrating PayPal's One Touch to power faster execution for contactless transactions.

For many e-commerce merchants, the migration to EMV-chip card security at the point of sale — and the expected shift of fraud to the Web — is akin to a message in a bottle that hasn't washed ashore. Too many simply don't know about it.

Cross-border payments, even small ones, take days to clear, cost 5% to 10% of the payment amount, and can be baffling to the consumer. Zenbanx, TransferWise and Ripple and other startups are trying to change this.

A Federal Reserve task force issues criteria for faster payments initiative, part of the long road to build a framework to securely accommodate near real-time processing for digital commerce.

A Federal Reserve task force has issued criteria for its faster payments initiative, part of a long journey to build a framework to securely and efficiently accommodate the near real-time processing for digital commerce.

DES MOINES – Payments processor TMG (formerly known as The Members Group) on Monday said its card-issuing partners grew their credit and debit portfolios by 15% in 2015.