Payments

Regional banks have expanded credit card loan balances dramatically over the past year. For now, they seem content adding cards to existing customers' wallets. But one day, they might be tempted to take on the largest issuers.

Real-time payment systems must be interoperable if they are to succeed, Fiserv says. To this end, the vendor wants to enable an open network, but it faces stiff competition.

The annual Cyber Monday shopping holiday is a boon to mobile payments, but remains a significant challenge for e-commerce security.

Discover's lawsuit this week against Visa stems from years of practices that have their root in the Durbin amendment's debit-routing mandates, and Visa will likely have several ways to counter its rival's allegations.

Apple Pay launched in late October, facing a few early hiccups and an unclear future. But in the month of November, Apple's strategy began to come into focus even as competitors closed in.

The CFPB's proposed requirements threaten to trap next-generation digital wallets and cryptocurrency innovations in a consumer protection regime narrowly tailored to the unique characteristics of reloadable prepaid cards.

A year after the Target data breach prompted retailers to step up their migration to EMV-chip acceptance, many consumers finally have EMV cards or can access the same security through Apple Pay's new mobile wallet. But will they finally change their habits?

A U.K. company is building a mobile payment system that is designed to appeal to the needs of both banks and retailers, but faces challenges in winning consumers away from mobile wallets that have already hit the market.

Twitter Inc. is testing a way for users to redeem discounts through merchants' tweets, expanding its online commerce efforts.

Slyce, a two-year-old company that allows consumers to take pictures of items to make purchases, has launched a "visual shopping app" called Pounce.

American Express' recent moves show it wants to score more points with its Serve digital wallet platform and become a software provider alongside its place as a card network.

Dekkers Davidson, CEO of the Merchant Customer Exchange, wants to create the same type of disruption in mobile payments as Uber did in the taxi world.

In a sign of the success PayPal has had in marketing its digital wallet, slightly more than half of consumers surveyed said they would choose PayPal over the other mobile payment options available for holiday shopping in stores.

Xoom Corp., a digital payments company based in San Francisco, has launched a mobile bill-pay service in Latin America.

BlueSnap says its partnership with First Data Corp. will result in fewer declined transactions for e-commerce merchants, thus convincing more of them to turn to the online gateway provider to support global sales.

Most people don't like reading the fine print. That's a problem when there is important information and money on the line. That is precisely why the financial services industry must change the way that product disclosures are designed.

People's Credit Union said it will offer its members surcharge-free access to ATMs at all 43 Rite Aid pharmacies in the state of Rhode Island.

MIDDLETOWN, R.I. — To make a more personal connection with members, The People's Credit Union offers a personalized debit/credit card program that has attracted hundreds of responses.

Toronto's new express train will provide a mobile ticketing option, though whether that technology can transfer to the rest of the city's transit system remains to be seen.

Most small merchants are not security experts, but the past year's string of retailer breaches may slowly be changing their mindset.