Payments

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.

Square CEO Jack Dorsey told CNN that his company wants to help businesses accept all payment forms, including Apple Pay.

Payments processor Calpian reports growing adoption of its mobile money services in India.

WASHINGTON — Payment operators should prioritize consumer protection as bad actors access networks like the automated clearing house and the industry tries to increase transaction speeds, a key regulator said Thursday.

Cardpool is partnering with SCVNGR's LevelUp to give consumers an alternative way to spend unwanted gift cards.

Many companies have found it difficult to build consumer interest in using a dedicated app for payments, particularly for person-to-person payments. Some companies have determined that the best way to keep users engaged is to blend payment capabilities with social networking.

Modern technology has turned the payments industry into a juggling act, particularly for those charged with deploying new techniques to protect payment card data.

Mobile commerce is here and isn’t going away. We can all agree on that. And I think we can all agree that it’s the banking industry’s opportunity to lose, but to date, most banks remain very slow to take action.

Less than two weeks after expanding into 15 Latin American markets, online remittance provider WorldRemit has launched its services in the U.S.

Virtual Piggy, which provides the Oink online wallet service for their youths, will release a prepaid Discover card to extend its offering to retail stores.

Banks and other traditional payment companies need to keep an open mind when assessing the market today as new entrants build systems to disrupt the old models, said Christine Cumming, first vice president of the Federal Reserve Bank of New York.

Square is adding global support for its Register merchant services app, a move that allows the company to measure demand in new markets before investing in the distribution of its hardware and other services.