Payments

Apple Pay will expand to Canada this year, according to a report by 9to5Mac, a news site that follows Apple's activities.

Nine Polish banks are pushing ahead with the country's mobile payment efforts, promising to launch a Visa-backed, cloud-based contactless service early this year.

One of the clearest things that sets Apple Pay apart from other mobile wallets is its incorporation of Touch ID fingerprint recognition. Now that Apple has opened up Touch ID to outside developers, the fingerprint tech is spreading throughout — and in some cases beyond — Apple's ecosystem.

By targeting construction lending, 1st Financial Bank USA aims to expand beyond its hefty concentration in credit card loans while entering a business segment that has shrunk mightily since the financial crisis.

Starbucks Corp. Chief Operating Officer Troy Alstead will go on an extended unpaid hiatus, leaving the world’s largest coffee-shop chain without a No. 2 to Chief Executive Officer Howard Schultz.

Traditional merchant acquirers have faced disruption from a number of new entrants in recent years from companies such as Square and its peers. And now, a football team is getting into the game.

Revolving consumer credit in the U.S. fell in November by the largest amount in a year, according to a report Thursday from the Federal Reserve Board.

The earliest implementations of the 3D Secure e-commerce system amounted to a password for consumers' payment cards and a link between consumer and card issuer — an idea that is growing stale in a world where consumers are able to authenticate payments with more sophisticated tech.

PayPal's mobile payments application can now be accessed by BlackBerry users in the United States, United Kingdom and Australia, with plans for more markets later on.

Skrill, an e-commerce provider based in New York, plans to offer its digital wallet as a payment option in Second Life, the once-popular virtual world game that was released in 2003.

Wirecard, a digital payments company based in Germany, has partnered with Five by Five, a software provider in Croatia, to provide mobile point of sale technology to small businesses.

An index of late-payment rates hit a record low in the third quarter, as consumer spent less to fill their gas tanks.

A Helsinki, Finland-based startup is hoping to knock down one of the barriers to credit-card acceptance in developing countries: a lack of reliable Internet access.

Biometric security has become a hot topic in the payments industry with many experts lauding its convenience and effectiveness. But there's no consensus on whether to store biometric data locally or in the cloud.

Apple's reputation as a negotiator is rather simple—it doesn't negotiate. But Strategic Resource Management, a negotiation company with 200 clients in financial services, contends issuers and merchants have a chance to win more favorable terms with Apple.

High-tech cards have struggled to gain traction as a distinct, offline — and often expensive — consumer gadget for storing and protecting multiple payment accounts. But the pervasiveness of Internet access points and Internet-connected devices could give some of these gadgets fresh appeal.

Investors' demands that the country's biggest bank produce better earnings amid costlier regulations are prompting fresh cries to break up JPMorgan Chase.

EBay Inc. named Bonnie Hammer, chairman of NBCUniversal Cable Entertainment, to its board as the 10th independent director, bringing in an executive with a background in consumer and social-media content.

The crowdfunding site Kickstarter has adopted payment service Stripe for all of its transactions, replacing Amazon Payments.

As a consortium of banks and mobile networks in New Zealand puts the finishing touches on its mobile wallet system, the group chose a technology "hub" model to ensure that it can adapt to the fast-changing movements in the payments industry.