Payments

Barclays is preparing to merge its wearable mobile payments product BPay with its more popular Pingit app, after it struggled to attract users.

It may take several more months of testing before it is deployed in a payments application, but a new money transfer specification the NFC Forum has developed carries the organization's promise of becoming an alternative to QR-code technology.

The slow U.S. adoption of real-time payments hurts half of Americans who live paycheck to paycheck, says Aaron Klein, a fellow at the Brookings Institution.

As companies invest heavily in artificial intelligence and other high-tech defenses, it is becoming more apparent that criminals are investing in equally powerful technology.

Wirecard and Cimple Marketing have teamed with Estonia-based cruise ship operator Tallink Grupp to enable shops on its 14 vessels to accept China’s top three payment options.

Canadian cross-border payment provider SnapPay is expanding its two-year partnership with China's Ant Financial to bring the Alipay app to the country's FoodyMart grocery chain.

Many fintech startups are working to streamline various aspects of payment acceptance for global online merchants, and Modo wants to give those merchants more control over the payment service processors they use.

On Sep. 30, 2018. Dollars in thousands.

The bank-run Zelle P2P network was designed without the social media-esque touches that made Venmo a hit among millennials. And as one might expect, half of all new P2P users are 45 and older.

China dwarfs the U.S. market in e-commerce adoption and is likely to be soon giving lessons to internet executive from U.S. and Western countries.

Alibaba Group Holding Ltd.’s business-to-business trading platform has forged its first U.S. partnership with a large company as it teams up with Office Depot Inc.

To keep up with demands for instant digital payments, retailers should explore options to make their payment processes quick and easy, according to Steve Davidson, vice president of warranty products at Fortegra.

Amazon is focusing more on the virtual and voice-powered reordering on its sites and apps, and as a result is no longer producing new plastic Dash buttons.

Through its acquisition of digital payments and fundraising provider Benefit Mobile, the National Gift Card company is positioning itself to help charitable organizations grow and to strengthen the mobile offerings of retail merchants.

Revolut has caught the attention of U.K. regulators over money laundering compliance, a predicament that sheds light on issues faced by the entire digital financial services industry.

The move by Kroger Co. comes in response to rising interchange fees on Visa's premium credit cards. The cards will be banned at 142 Smith's stores in the western U.S.

Consumers are willing to pay a bit more for repeat business at a merchant. By passing these fees on to shoppers, small retailers no longer have to cut vital operational costs to accommodate for lower margins from loyalty programs, says Robert Maynard, the founder of SurchX.

EBay Inc. has reached an agreement with Elliott Management Corp. and Starboard Value, appointing two new directors to the board and paving the way to potentially carving off some of its businesses.

ACI’s $750 million deal to acquire Western Union’s Speedpay allows Western Union to clear its decks while ACI clears its runway.

Thailand’s Siam Commercial Bank (SCB) is launching its first credit card through Japan’s expanding JCB card network, targeting young adults who like to travel throughout Asia.