Payments

About 78% of Mastercard’s European transactions are now contactless, and the company expects the shift in payment choice will be permanent.

Sony has invested in digital transaction security firm MagicCube, citing it as the Sony Innovation Fund's first investment outside of Japan.

Even digitally savvy organizations face a vexing dilemma when sending emergency funds: The neediest recipients often have little other option than to receive paper checks.

There are several ways the coronavirus has shown that traditional manual, paper-based AP processes are not up to the task in 2020 and beyond.

The online retailer is reportedly set to push its biggest shopping event of the year from July to as late as September. The move could impact credit unions' card volumes.

Many companies are postponing product rollouts until the economy improves, but the Samsung Money debit card could be better suited for spending habits during the coronavirus pandemic.

Credit card and debit card spending have improved for several weeks in a row, according to a report from PSCU.

Mobile and contactless payments have generated more consumer attention as ways to safely move money during the coronavirus pandemic, but there's also a growing wave of support for The Clearing House's Real Time Payments network for banks.

Money transfer agent Remitly has launched a cash deposit service for its digital bank account holders on the Green Dot retailer network.

The coronavirus shutdowns have tossed businesses into disarray in numerous ways, most notably the tricky transactions that come with operating a restaurant as a drive-through for the first time.

Latin America's rapidly expanding fintech sector may prove to be the guiding light as we look to establish a widely accessible digital financial ecosystem.

Faster processing is not normal, and payment companies need to add more value to capture business, says Icon Solutions' Lauren Jones.

Like a lot of operations, such as small businesses, hospitals and suppliers, St. Joseph Episcopal Church in Queens Village, N.Y., found out it was not as “online” as it thought.

Kenya’s biggest source of foreign currency slumped last month, with the central bank indicating that shocks caused by the coronavirus will have a greater impact on the economy for the rest of this year.

Companies like Amazon, Apple, PayPal Netflix, Uber and others have made it so easy to transact that consumers are left wondering why their bank or credit union cannot provide them with the same kind of seamless and tailored experiences, says Payrailz's Mickey Goldwasser.

The drop is likely from both a decline in consumer demand and lenders becoming more cautious, according to CompareCards.

The coronavirus pandemic is driving a rapid increase in NatWest’s U.K. small-business merchant acquiring unit, with many being first-time card acceptors.

Checkout-free stores would seem to be the perfect fit for germaphobic shoppers during the coronavirus pandemic, but until now the model has been mostly experimental.

KKR & Co. said it negotiated its biggest Asian transaction, a $1.5 billion deal to buy stake in Mukesh Ambani’s India-based digital platform business, in 10 days.

As the idea of central bank digital currencies starts to gain traction, the U.S. in particular needs to pay attention or risk losing a major aspect of its geopolitical power, according to JPMorgan Chase & Co.