Payments

The slow rollout of Apple's buy now/pay later service contrasts starkly with the aggressive moves of leading BNPL fintechs. Analysts say Apple's restraint could pay off in time.

Cashless ATMs — which imitate a typical debit card transaction but code them as cash withdrawals — can lead to hefty fines. But many dispensaries still use the devices, partly due to the murky legal environment that surrounds the entire weed industry.

Josh Williams, chief banking officer for Seattle Bank, explains how changes in payments technology will affect smaller institutions.

Sen. Dick Durbin, D-Ill., has reintroduced a plan to reduce merchants' credit card acceptance costs, with more backing from bipartisan lawmakers.

This week in global news: JPMorgan Chase works on blockchain in India, U.K. reps want faster crypto regs and more. 

As incentive marketing and payments preferences change, Geeta Chandan, vice president and head of product and loyalty at Discover, will join us at American Banker's Payments Forum to discuss opportunities and challenges. interview at Payments Forum

The companies are offering retail merchants a digital catalog of transaction services, which JPMorgan hopes will help it better compete with fintechs and other banks.

Barclays' Peter Gasparro describes Barclays' unique approach

The blockchain company bets its experience with cross-border payments is transferable to stablecoins and central bank digital currencies.

More than half of U.S. consumers now use digital wallets, according to new data from J.D. Power. But PayPal and Apple Pay have a huge lead over rivals, and are already experienced combatants in the battle for consumers' spending.

After an appeals court sided with the Consumer Financial Protection Bureau in February, the CFPB and PayPal filed a round of legal arguments in late May to resolve remaining claims from a lawsuit PayPal first filed in 2019.

The Consumer Financial Protection Bureau is advising consumers to transfer money stored on nonbank digital payment apps such as PayPal, Venmo and Cash App to insured banks and credit unions.

The ill-conceived proposed rule would increase costs for a significant majority of credit card customers.

The search giant is adding travel, health care and other consumer services to encourage users to stay within its ecosystem.

This week in global news: CaixaBank adopts softPOS; AI makes more inroads and more.

The founders of Vesey Ventures are most interested in startups that want to play nice with the giants of the banking and payment industries.

The lawyer representing tech entrepreneur Bob Lee's accused killer has quit, following a disagreement with her client over how quickly he should press forward with his defense against murder charges.

After years of attempting to pivot away from its historic reliance on ATMs and point-of-sale hardware in favor of software, one of the industry's mainstays is running out of options.

Credit-card issuers and other lenders are developing financing options focused on managing interest, rewards and credit scores for consumers who face ongoing economic pressures to their budgets.

Because the youth account must be tied to a parent or guardian, it guarantees that an adult must also sign up — or keep active an account they may have left unused.