Payments

The surge in digital and cloud-based payments technology hasn’t killed off point-of-sale terminals; their role is simply changing, as cloud-based payment providers like Podium roll out their first hardware.

Citigroup, the world’s largest credit card issuer, is looking to jump-start efforts to acquire new cardholders after the pandemic caused it to curtail such activities last year.

While accounts payable systems are adjusting to decentralized work, it's unrealistic to expect a complete migration overnight, says Proactis' Michael Ereli.

Amid success stories like Apple Pay, Google Pay and the Starbucks app, there are many wallet apps that failed to gain traction — or squandered it when they did. But there is a lot to learn from their experiences.

BofA is awash in liquidity, but an uptick in credit card applications and heightened interest from commercial borrowers have executives hopeful that loan demand will soon rebound.

The shutdown of the U.K. company's Pingit app demonstrates why even the most tech-savvy banks should collaborate with fintechs rather than go it alone.

The single-use element of virtual cards deters hacking, says Nvoicepay's Kristin Cardinali.

It's not just new transaction rails, but the speed of innovation has increased, says Hangar 75's Ian Wilding.

The shutdown of the U.K. company's Pingit app demonstrates why even the most tech-savvy banks should collaborate with fintechs rather than go it alone.

The banking giant is using technology to empower corporate customers to keep tabs on and resolve issues with cross-border payments.

Lease-to-own fintech Acima has launched a virtual Mastercard payment card to allow underbanked consumers to lease eligible products and eliminate risk for merchants as Acima purchases the goods for rental.

There's a wide range of uses for decentralized finance and related blockchain tech, says Wirex's Yves Renno.

The fintechs Nymbus and Segmint teamed up to translate the gibberish on bank statements into actionable data.

The fintechs Nymbus and Segmint teamed up to translate the gibberish on bank statements into actionable data.

The nine-year-old service predates the payments-oriented fintechs that have become popular in recent years.

The location will replace traditional menus with self-serve kiosks and feature order-ahead pickup cubbies, allowing customers to walk in, grab their food and go.

Gap and Synchrony Financial are parting ways after they couldn’t reach an agreement to renew their longstanding card partnership.

Invoiced is working with with the Mastercard Track Business Payment Service, the open-loop network that supports a vast network and business directory of buyers and suppliers.

While U.S. regulators pressure Visa and Mastercard, there's ample choice, particularly when compared to the national debit rails that exist in most of the world, says Intrepid Ventures' Eric Grover.

CMSPI estimates that retailers lost about $30 billion in potential online sales last year from e-commerce transactions that were declined for a variety of reasons including fraud, insufficient funds, technical problems and errors.