Payments

Although those fintech companies whose primary service is the provision of faster payments may face a future threat for the proposed FedNow Service, fintech companies may also benefit from the availability of a Fed-led real-time payments network, Jeffrey Alberts and Dustin Nofziger of Pryor Cashman write.

The patent office is getting buried in applications for distributed ledger systems, a mountain of documents that chart a clear course toward making static identity and password protection irrelevant.

Stripe is joining the throng of providers offering merchant loans based on payment receivables with Stripe Capital, a service for e-commerce companies already using Stripe for payments processing.

They’ve scrapped the newspapers and beefed up the food, but most Starbucks cafes in the U.S. don’t look all that different today than they did a decade ago. That’s about to change.

As bans on sports betting ease in more states, payment processors are counting on new revenue streams, particularly as the NFL season gets underway.

There are lots of reasons for companies to have multiple payment accounts, though reconciliation can be a pain. But there are ways the cloud can mitigate the headaches, says Nvoicepay's Mike Fortmann.

Amazon is reportedly testing technology that allows contactless payments via a hand gesture, applying technology that would provide valuable insight to fuel other initiatives such as Amazon Go.

The Fed's development of a real-time payments systems has sparked a pointless debate about paper checks.

Dwolla is quickly adding to its product line by arranging for clients to connect directly to the payment company's third party collaborators.

The European Central Bank’s key legal official Yves Mersch described Facebook Inc.’s plan for its Libra digital currency as “beguiling but treacherous,” in a defense of money issued by institutions such as his.

Young people prefer transfer apps, but privacy and authentication will need to be improved, says Sonarax's Benny Saban.

A year after the major credit bureaus agreed to strip tax liens and civil judgments from consumers' credit files, a new study says it is hampering lenders' credit decisions. But proponents of the move insist it was the right call.

Months after Denmark’s Nets A/S completed its merger with Germany-based Concardis, the combined operation is rolling out a broad new digital payment service tailored for small businesses in Germany.

Seven European mobile payment firms have formed a cross-border transaction association covering an addressable market covering 25 million users and 350 banks.

The East Lansing, Mich.-based credit union exceeded its growth expectations for card performance during the annual e-commerce event.

No crypto company wants to be in Facebook's shoes — but many of them want to fill those shoes once the social network's Libra cryptocurrency has is done being pummeled by global regulators.

Institutions that don't fully provide information on how they provide access to deposited funds could be putting their members and the credit union at risk.

Many in the payments industry insist that cash is becoming less important — but that doesn't mean it will ever go away.

Crypto technology will play a major role in the central bank's real-time payments system.

PNC has gone live on RippleNet, giving the blockchain company a major win in its effort to build a real-time cross-border payments network that includes large U.S. banks.