Payments

Digital money transfer provider Xoom has introduced an instant mobile reload service that allows consumers to send airtime credit online from the U.S. to prepaid mobile phones abroad.

MY CU Services is set to take ownership of the PCSi division of Palmetto Cooperative after the parties entered into a strategic alliance.

American Express Co. unveiled an online checkout system today that lets customers use their account passwords to order clothes, flowers and concert tickets from a roster of retailers.

The delinquency rate on loans backed by the value of consumers' homes hit a postcrisis low in the first quarter, according to the American Bankers Association.

MasterCard's decision to do a 500-person trial of facial recognition for payment authentication next month may seem like a bold move in security, but it's really taking aim at friction.

QR codes, a relatively old technology, are back in the spotlight thanks to a consortium of retailers led by Walmart and Target that plan to use the codes in their CurrentC payment technology.

JPMorgan Chase has agreed to pay more than $200 million to settle claims by federal and state authorities that the megabank wrongfully collected credit card payments on hundreds of thousands of consumers.

JPMorgan Chase has agreed to pay more than $200 million to settle claims by federal and state authorities that the megabank wrongfully collected credit card payments on hundreds of thousands of consumers.

Chase Card Services has rebranded and redesigned its small business management mobile app, previously called Jot, to Ink from Chase.

Mobile banking technology provider Monitise Plc has informed its shareholders that Visa Europe will reduce its investment in the company, but will complete a three-year commercial agreement to develop services and finish products.

Many e-commerce companies are pressured to enable sales in multiple nations without the benefit of a local presence.

Apple's customers not only love buying Apple devices, they also love using Apple devices to spend more money at online and mobile commerce sites.

Lloyds Bank is exploring a way to use Near Field Communication to authenticate shoppers, but in a twist, it is using the mobile phones to receive – rather than send – the NFC signal.

Banks are particularly interested in fingerprint biometrics right now, likely due to the popularity of Apple’s Touch ID, which is used in Apple Pay.

A federal court has stopped the operations and froze the assets of a national debt relief telemarketing business that is under investigation by the Federal Trade Commission and the state of Florida.

PayPal is putting a lot of effort into ensuring that the company that emerges from eBay ownership this month is a much different — and more powerful — creature than the one it has been until now.

When Citi launched its Apple Watch app three months ago, it made the tough decision to offer it as a separate download from its Citi Mobile iOS app, rather than integrating it directly.

As wearable devices like the Apple Watch gain an audience, banks and retailers are exploring ways to make the most of this new style of consumer technology. But a number of hurdles stand in the way.

Alibaba is reportedly upping its game in India, on the heels of its half-billion-dollar investment in Paytm in May.

When mom-and-pop merchants need a loan, they are increasingly turning to some big names in the payments business, which are quickly becoming noteworthy players in small-business lending.