Payments

Lawmakers in Germany have passed a law that would require Apple to open the iPhone’s NFC chip to other mobile payment providers.

Jack Ma, the co-founder of Alibaba Group Holding Ltd., said African entrepreneurs will find countless opportunities in e-commerce, logistics and e-payments as the continent prepares for the start of a free-trade deal.

A basket of currencies will include a mix of national interests and involve internal and external politics, says Stasis' Gregory Klumov.

Fraud attacks and their avenue of entry are generally regarded as mysteries to most of the companies that suffer from them.

The cryptocurrency world is seeing a surge in the issuance of gold-backed tokens, with some of the digital-asset industry’s biggest and most controversial participants joining in on the fresh gold rush.

The blockchain has the potential to disrupt any industry sector, leaving in its wake a more effective system where people get to own the value they create, says PayStand's Jeremy Almond.

Ahead of the busiest shopping period of the year, CaixaBank is embracing facial recognition retail payments, an option that has met with pushback elsewhere.

Google doesn’t want to be a bank, but its move to offer checking accounts through Citi and a Silicon Valley credit union is a digital wallet architecture shift that will have far-reaching implications for technology-backed payment companies.

MoneyGram is partnering with Wing mobile banking service in Cambodia to offer money transfer services that allow users to send and receive funds directly into their mobile wallets.

China dominates the business. Facebook's proposed cryptocurrency could help alter the balance of power.

Coinbase Card has expanded its cryptocurrency exchange payment cards into 10 new countries and added five new crypto assets that users can spend.

It’s the company’s responsibility to come forward with the information about how an algorithm that could be discriminating against women borrowers was designed and the exact impact of it, she said.

The tech giant’s plan to offer checking raises concerns about how it will use customer data; third quarter loan originations were the second most on record.

Payroll processing provides the same kinds of efficiencies that can streamline procure-to-pay systems, says Nvoicepay's Jim Wright.

Questions about the search giant's planned use of transactional data resonate not only with wary consumers, but also with banks that are worried about big tech’s financial services ambitions, as well as lawmakers and regulators concerned about the tech industry’s growing reach.

EML has agreed to pay £226 million (US$290 million) to acquire Prepaid Financial Services, one of Europe’s largest e-money issuers.

With a growing number of banks adopting digital technology to move B2B commercial cards into mobile wallets, JPMorgan is collaborating with Boost Payment Solutions to automate the delivery of single-use and commercial card accounts to clients.

With the help of fintechs, some of the world’s largest financial institutions have gotten ahead of the curve to implement data sharing programs, says Urjanet's Sanjoy Malik.

China wants to balance functionality with concerns about anonymity as it works toward launching a digital version of the yuan, according to an official from the People’s Bank of China.

Large brands such as Barclays and Amazon recently reversed course and allowed cash to accompany clearly digital strategies, moves that made more sense politically than economically. The question is how long public policy can be the main factor in slowing cash’s decline.