Payments

A member of the European Central Bank's board said private sector digital coins like PayPal's could harm competitive balance, Santander makes candy harts with romance scam slogans, and more.

From hidden fees to misleading marketing, small businesses face too many challenges when making and receiving cross-border payments.

Central bank digital currencies may be years away in larger countries, but payment companies are building international networks now. Here's why.

By partnering with processors Worldpay and Nuvei to use Circle's USDC for B2B transactions, the card network can demonstrate the utility of digital assets on a broad scale.

Legislation before Congress would violate individuals' digital privacy by requiring digital wallet providers to intrusively gather and report highly personal information.

The market for services that allow employees to access funds ahead of their two-week payday is a hotbed of activity, even as financial services regulators in some states seek to rein it in.

Dama Financial's new CEO Pat O'Boyle is trying to make his firm the "weed department" for reluctant financial institutions. He has heavy competition — and a reluctant target market.

In a tough time for buy now/pay later lending, the fintech hopes to pivot its strategy while removing the pressures that come from public shareholders.

Rent gateway Piñata and marketing app Shopmium are trying to lure consumers with incentives that don't accumulate balances as consumer debt increases.

The card network is working with the Bank of Montreal and the fintech Extend to enable businesses to approve and track in-store payments via employees' own digital wallets.

Uplinq, which helps lenders make credit decisions for small business owners using alternative data, already has large global banks among its clientele.

Ireland's central bank holds loan data for too long, Bank of America enables two-way corporate disbursements in Canada, and more.

Maryland is the latest state to decree that employer-sponsored EWA products aren't loans, but the battle over how they will be regulated is just beginning, experts say.

The bank's retail clients can enable iPhones to accept payments without extra hardware, raising the stakes for any company that competes with the bank for merchant clients.

Mastercard and Visa stepped back from their card partnerships with Binance Holdings, distancing themselves from the cryptocurrency platform that's under threat from regulators worldwide.

Half of the transactions on the buy now/pay later lender's new plastic card become interest-bearing loans.

Investment in machine learning is outpacing consumer interest on the ground. Here's what companies like FIS and Marqeta are doing while waiting for demand to catch up.