Payments

Starbucks and Kroger have invested heavily in payment technology over the years to gain an edge over their competitors. Their newest systems are focused on shaving off valuable seconds at checkout.

Revolut works on its internal culture, Splitit collaborates with Alipay, and more.

The Federal Trade Commission singled out Mastercard in its recent proposed consent order, but other implicated card networks and issuers are unlikely to escape censure.

The processor wants to accommodate multiple mobile wallets and real-time processing.

Crypto pain deepens, credit union merger is official and more in banking news this week.

Some Affirm customers reported duplicate charges this week to their bank accounts for Affirm's buy now/pay later loans. The San Francisco-based fintech on Friday said it's resolved the problem.

By extending access to easy payments and delivery to more merchants, the e-commerce giant can gain ground in the "super app" race.

Because they have mature revenue streams or can support embedded finance, payment companies may find themselves favored by investors at a time when other tech firms are tightening their belts.

Amex signed a deal to buy Nipendo, a Tel Aviv-based startup whose technology reduces business check usage by laying the groundwork to digitize payments between buyers and suppliers.

TCH wants to boost adoption of its real-time payments rail without undermining the Federal Reserve's option, which is set to launch this year.

Ant Group's Alipay teams up to expand mobile wallet acceptance, CaixaBank forms a cybersecurity consortium, Santander plans buy now/pay later for businesses, and more.

A Visa executive explains how China's long lockdown held back Asia's travel-spending recovery and why government policies, economic trends and even the hit Netflix series "Bridgerton" caused post-pandemic cross-border travel spending to spike in many parts of the world.

More U.S. consumers are relying on their credit cards each month — and many are doing so without knowing the interest rates they're paying.

As one U.S. CBDC project comes to a close, it's increasingly clear that government-backed currencies can't succeed unless they are interoperable on a global scale.

By adding the Atlanta-based Paya, the Canadian payment technology firm can expand its client base in business-to-business transactions, government agencies, utilities and health care.

Chatting up Square, Afterpay's Mexico vamoose and more in banking news this week.

By opening a recording-artist accelerator featuring virtual worlds and nonfungible tokens, the company plans to reach an industry that appeals to young consumers.

Credit card interest rates are expected to reach a four-decade high this year, a positive for lenders poised to benefit from the increased income while painful for consumers facing escalated borrowing costs.

The rise of legalized online sports betting has pushed the payments industry to create some of its stiffest defenses against scams.

As 2023 begins with an aura of economic uncertainty, businesses will seek a competitive advantage in how they accept and initiate payments, Dwolla COO Dave Glaser contends.