Payments

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.

As the U.K. rapidly transitions toward a cashless society — with U.K. Finance predicting that by 2028, just 9% of payments will be in cash — even pocket money is going digital. And the disappearance of tactile interaction with cash changes how kids learn about budgeting.

Kristy Kim was an immigrant success story with a degree from Berkeley and a lucrative job — except her lack of credit history precluded her from getting a car loan. She started TomoCredit to help the many young folks who struggle to qualify for a credit card.

Streaming and ride-hailing services have become an entry point for cash-reliant customers in the Philippines to try electronic payments, according to a report by Visa Inc.

It took a few years for mobile wallets to get past the aura of just a "cool technology" looking for a problem to solve, but Google Pay and its peers are clearly finding their niche as a way to embed payments with customer engagement tools.

Debit cards often lack the rewards and spending power of credit cards, and thus do not figure prominently in TV ads or direct mail flyers. Yet despite these limitations debit cards are beloved by millennials and anyone else who wants to avoid credit card debit.

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

The CFPB ordered Texas money transmitter Maxi to pay a $500,000 fine for allegedly deceiving consumers by saying the company is not responsible for errors made by agents.

Amaten, Japan’s largest gift card exchange platform, is expanding its current operations using blockchain in partnership with the decentralized cloud computing network and smart contract provider aelf.