Payments

The uncertainty of the modern political climate has created a number of business issues — and a few opportunities for the companies that can guide others through difficult times.

Mastercard has dropped out of a recent bidding war with Visa to acquire Earthport, announcing it will instead buy Transfast, a different cross-border payments firm.

The Bank of England is requiring Visa to appoint PwC as an independent third party to review the card brand’s progress in implementing recommendations that followed a 2018 outage in Europe.

The upstart lenders have been chipping away at credit cards’ consumer-lending dominance by offering fixed-rate loans with predictable repayment plans. Now the card giants are fighting back.

Barclays plc has spent years experimenting with creative ways to promote mobile payments, and it's not showing signs of stopping.

Events like the recent government shutdown present opportunities for banks to help customers when they need it most.

SIFMA approval could bring new competitors and housing finance reform; number of applications rose but amount borrowed still lags other firms.

The mobile revolution is turning Western Union into a very different company, one that must adjust to new ways to pay while pouring substantial resources into fending off the threat of e-commerce.

In a new, global twist to its ongoing Visa Everywhere competition, Visa is targeting female entrepreneurs who are looking for the right technology to solve their payment-related business problems.

INTL FCStone's Global Payments Division's foreign currency pricing has picked up enough momentum to extend beyond its initial launch to more than 350 correspondent banks globally.

Small-business projects in India and Latin America will provide a test of how well an open source blockchain can reduce the fraud that can occur when businesses try to free up capital from outstanding payments.

Amazon’s an attention machine, making its reported attention to Mexico’s criticized mobile payment project something banks have little choice but to see as a welcome development instead of a threat.

The State Bank of India and Hitachi Payment Services plan to bring their heft to a joint merchant acquiring venture to expand digital payments in India.

There may be plenty of fish in the sea, but there's also plenty of phishers. In today's digitally-driven culture, many people find their future spouse by dating online — and there are even financial advantages to doing so — but there are also major risks.

Companies are scrambling to shore up Brexit strategies to ensure their payment systems work, a difficult if not impossible task given the political uncertainty. But it’s also an unavoidable complication, which Tipalti hopes will provide a boost for its service, which is built to expect uncertainty.

Fuel-card giant FleetCor has been working to diversify its payments operations by expanding corporate payments services, and now it’s buying Nvoicepay to speed up the process.

Chinese mobile payment apps Alipay and WeChat Pay have made deep inroads into Western markets, and now UnionPay, China’s state-run card network, is catching up.

Pan-European payments and transaction services provider equensWorldline has launched its domestic interoperable P2P mobile payment scheme across the continent.

Online retailers must accept hacking, malware and phishing as a reality of doing business in our digital world, but tokenization can make the prize less worthy for crooks, according to André Stoorvogel, director of product marketing for Rambus Payments.

U.S. credit card debt hit $870 billion — the largest amount ever — as of Dec. 31, according to data from the Federal Reserve. Credit card balances rose by $26 billion from the prior quarter.