Payments

As major U.S. cities continue to implement contactless tap-and-go acceptance to collect transit fares, at least one bank sees this trend as an opportunity to put its cards on center stage.

Apple is expanding the list of merchants where Apple Card users may earn 3% cash back, starting with Uber.

In the age of e-commerce and the "Pays," redemptions will no longer be viewed primarily as an expense to be managed, but rather as a tool to create value through higher spending, brand engagement, and long-term loyalty, says Capco's Daniela Hawkins.

Barclays has jumped on a huge range of technology that brings payments closer to myriad activities, but as competition looms, the bank is working to better organize its projects.

JCB International has formed a partnership with EVO Payments to enable acceptance of JCB credit cards at across the U.K. and Ireland.

Banks are under competitive and regulatory pressure to either compete or partner with fintechs that support services such as mobile payments, and credit unions are in the same boat — though with a very different challenge at the start.

Facebook's cryptocurrency poses serious regulatory and economic challenges to global markets, argues Ralf Gladis, CEO of Computop.

The last stage of moving goods from ships and trains to trucks and warehouses involves a stream of payments that is often clogged with complexity.

Professional Bank and Marquis Bank, both of Coral Gables, have been competing against each other for more than a decade. Now they are merging in hopes of landing larger clients and making better use of technology being developed in Professional's innovation lab.

Deutsche Bank overhaul plan will put taxpayers and the financial system at risk; the San Antonio company names three women to key technology positions; issuers like Chase and Citi need to think beyond traditional card options; and more from this week's most-read stories.

Siemens Mobility has announced it’s working with Bytemark, a company Siemens partially owns, to develop a payment solution enabling riders to pay once for a trip across the city using multiple public and private modes of transit, from buses to scooters.

Issuers like Chase and Citi that added installment features to compete with digital lenders will need to think beyond traditional card options.

Apple is far from the first to apply a high-tech spin to the ordinary payment card. Several other companies before it have experimented with technology and materials in the hopes of providing a unique form of payment.

For many entrants in the integrated receivables space, payment data is the foundation for nearly every other business process or decision. Increasingly, banks are latching onto data services and making them available to their small and midsize business clients.

Readers react to states investigating payroll advance companies and the GOP's weak response to cannabis banking, heed a warning that nonbanks are prepared for CECL and more.

Gregor Dobbie is taking on the role of CEO of Vocalink as the company looks to expand its B2B payments business in the U.K.

Square's working to boost its appeal to third-party developers, especially as a growing number of competitors and broader economic challenges loom on the horizon.

Tipping the valet can be tough without cash in hand. It’s only one of many cash-payment scenarios that don't translate well into digital payments, where P2P apps typically emphasize social connections over anonymity.

Regulatory sandboxes can create a lot of opportunity for the winners but inadvertently put losers at a competitive disadvantage.

Offering 3% on purchases through its App Store, Apple hopes to make its competitors' phones a less-appealing option; a call for speeding up FedNow.