Payments

Banks are looking to beef up ease and convenience in P-to-P payments to avoid being reduced solely to back-end payments processors for fintech startups.

Visa has nabbed an executive from the media company Time Inc. to be its chief marketing and communications officer.

If mobile wallet developers are banking on young consumers to become early adopters, they should not include college students amongst them.

The Secured It Card requires a security deposit but also offers cash-back rewards and other perks normally associated with Discover's traditional cards.

There have been many reports of bitcoin's demise, but the fate of one currency doesn't eliminate the many use cases that virtual currency could still address in payments, according to Evan Duffield, a Phoenix-based developer and founder of the virtual currency Dash.

If mobile wallet developers are banking on young consumers to become early adopters, they should not include college students amongst them.

The Secured It Card requires a security deposit but also offers cash-back rewards and other perks normally associated with Discover's traditional cards.

The card issuer, buoyed by employment gains and its partnership with the megaretailer Amazon, is bullish on its growth prospects for 2016.

Fleet card provider WEX is realizing an unexpected marketing opportunity in preparations for Winter Storm Jonas: Its mobile app can enable snowbound users to instantly locate of the nearest operating gas station.

Starbucks' new order ahead mobile feature is off to a fast start, handling more than six million transactions per month only three months after the feature's launch.

The future of retail isn't happening behind the counter; it's happening in the aisles, on mobile phones and at a much faster pace than even the Internet can accommodate. And all of these ideas were the subject of excitement and debate at the National Retail Federation's conference in New York.

Telcos, banks and technology companies have all taken their shots at mobile wallets, but as mobile commerce matures, the niche players are reaping the biggest rewards, according to Remitly CEO Matt Oppenheimer.

The newest audience flocking to omnichannel shopping is the one no one invited—fraudsters.

It may seem tough for a system that limits itself to one retailer per vertical to expand, but Plenti is making it happen.

Global Payments Inc. has finalized an agreement to distribute Mobeewave’s contactless mobile card acceptance technology to its Canadian clients beginning this spring.

Starbucks has integrated its mobile pre-ordering and payment feature into its Android app in the U.K.

Fiserv in Brookfield, Wis., has agreed to buy the community financial services business of ACI Worldwide for $200 million in cash.

More companies are using installment payments to lure consumers away from credit cards, and MasterCard is testing a model that could lure them back.

Union Bank & Trust Co. in Nebraska was an early supporter of Apple Pay. With that platform sputtering, the bank is now looking at additional ways to stay ahead of the mobile-wallet curve.

It may seem odd for a vendor of payment acceptance hardware to discredit EMV security, which is commonly seen as a catalyst for hardware sales, but that's exactly what MagTek is doing.