Payments

Twitter's long-awaited "Buy" button is live, allowing nearly 30 pilot merchants and nonprofits to accept payments from within Twitter's mobile app.

Fair lending is a key consideration for any consumer lending program. According to the "effects test" or disparate impact doctrine used by the Consumer Financial Protection Bureau, credit card issuers must avoid not only direct, intentional discrimination but also practices that have the effect of discrimination.

Chief Executive Officer Tim Cook is planning to unveil new iPhones, wearable devices and a mobile-payments system on Sept. 9, people with knowledge of the matter have said.

Gemalto NV is offering a network connection hub to provide banks, equipment manufacturers and mobile wallet providers with secure access to Near Field Communication hardware.

The app automates allowance payments and uses an optional debit card to promote financial literacy.

One of the first mobile payment applications in the U.K. has run its course.

The unveiling of the next iPhone is imminent, and with it Apple is expected to announce plans for a mobile payment system with the support of the major card networks, retailers and banks. But what, exactly, would go into such a system?

While student-only payment methods might cater to an audience with a high turnover rate, that audience is filled with early adopters that merchants want to attract.

PayStand's integration with e-commerce service provider WooCommerce is meant to enable multiple payment types with very little technology work.

With anticipation building for Apple's special event and what CEO Tim Cook will announce, it is a fun time to dig into the rumors and speculate about what could be coming to a pocket, wrist or desktop near you and, more importantly, what this may mean to the market ecosystems we all exist in today.

In addition to possibly revealing a mobile wallet next week, Apple is also expected to showcase its long-awaited smartwatch with Near Field Communication capabilities.

Merchant acquirers and processors are looking at a far different payments landscape in light of recent and anticipated developments from the Merchant Customer Exchange, Apple, Amazon.com and other companies.

PayPal has launched the PayPal Here software development kit (SDK), which enables merchants to sell in-store or remotely through iOS or Android devices.

PayPal is continuing to support Samsung's new phones and wearable products with features that make use of device-specific hardware such as the Note 4 smartphone's fingerprint reader.

Google Wallet users can now redeem and manage their gift cards through technology from the prepaid gift card provider Blackhawk Network.

Nearly 50% of customers between 26 and 34 say they are likely to switch banks to get targeted rewards, according to a new whitepaper from Cardlytics.

WASHINGTON — The Consumer Financial Protection Bureau issued a warning Wednesday to credit card companies that use deceptive marketing to mask hidden charges within promotional interest rates.

The steady stream of data breaches is changing how credit unions battle card crime and spotlighting rising fraud costs, which are proving difficult for small CUs to absorb.

Many businesses intentionally delay payments, slowing down the economy, according to MasterCard and Basware, which see an opportunity to clear out the congestion.

Apple is expected to launch a mobile wallet as part of its next iPhone, and the company has already trained its userbase to be active mobile purchasers.