Payments

Pilots have to pay for gas and let air traffic controllers know when they need it, but a mobile payment app can help them do that while eliminating paperwork and managing other tasks common with flying corporate, private or charter planes.

A few months after introducing its mobile wallet in the U.S., BBVA is attempting to lure adoption through 'instant' cash-back credit card rewards for qualified transactions at checkout.

Apple is reportedly adding person-to-person payments to Apple Pay, based on technology from the bank-run clearXchange network. If this feature comes to market, it will face many competing systems that run on Apple's own handsets.

At a time when the financial services industry is moving toward faster payments, a handful of entrepreneurs are looking to narrow the gap between an honest day's work and an honest day's pay.

After unveiling Square Payroll in California earlier this year as another component in its strategy to aid small businesses, Square Inc. is expanding the service for businesses with hourly or salaried employees into Texas.

Industry advocates say Consumer Financial Protection Bureau curbs on arbitration will eliminate a favored legal option, but where's the evidence that banks really prefer arbitration?

Video games have long been supportive of new payment systems, in part because many games cater to an audience that may be too young to have a traditional bank account or credit card. But can gamers also be a good target market for financing?

Apple is reportedly adding person-to-person payments to Apple Pay, based on technology from the bank-run clearXchange network. If this feature comes to market, it will face many competing systems that run on Apple's own handsets.

MasterCard has made a series of changes to its executive slate, including the appointment of a chief information officer.

MasterCard has made a series of changes to its executive slate, including the appointment of a chief information officer.

PayPal has completed its purchase of Xoom in an $890 million stock deal, the San Jose-based online payment company announced Nov. 12.

Amazon is constantly unleashing new payment-related products and services. Some efforts succeed, some fail and the rest are a mixed bag — but regardless of the outcome, retailers have a golden opportunity to learn from Amazon's experimentation.

Barclaycard's first range of wearable bPay devices never looked like they had a home on the fashion runway, but the issuer is betting the fashion brand TopShop can make it in vogue.

Apple is reportedly going to its bank partners with a pitch to tie in their scale to jump-start an Apple-branded person-to-person payment system.

MasterCard is extending its Zero Liability protection to cardholders and small businesses in all of its markets in an effort to recalibrate the program to match the realities of digital commerce.

MasterCard is integrating software developer Cardtek’s HCEXpert solution to enable Near Field Communication-based mobile payments for customers of MasterCard Payment Transaction Services, a unit of MasterCard.

Central Bank of Kansas City in Missouri has agreed to issue prepaid cards for Cachet Financial Solutions in Minneapolis.

The term "mobile wallet wars" has been part of financial services lingo for several years, with banks, merchants and software companies fighting for control of digital payments. But the real battle is taking place in an entirely different arena.

Credit unions and community banks are preparing to adopt Android Pay and Samsung Pay, while reporting more consumer use of Apple Pay since its launch last year.

Square Inc., the payments startup led by Jack Dorsey, released a 38-minute marketing video in advance of its planned initial public offering.