Payments

Capgemini's 2018 World Payments Report is out, and it has some alarming predictions. Are its findings a threat to traditional payment systems, or just the first sign of a transformation that will affect all economies?

A definition would give lenders a clearer idea of what practices are off limits; the mutual fund giant will provide the service for institutional clients.

Shell has launched a new mobile app called Pay & Save, designed as a frictionless complement to the EMV-chip cards it must accept at its pumps by late 2020.

As Venmo does battle with Zelle and Square for consumers' P2P payments, one thing is clear: Innovation is not cheap.

Banks using Fiserv technology will have access to an automated accounts receivable solution from DadeSystems that the companies say will improve accuracy and lower costs for business clients.

In providing merchants real-time information when American Express cardholders call its customer service to dispute charges, Amex and Ethoca hope to reduce time and money spent handling chargeback disputes.

Allowing third-party access to bank data will open up the opportunity for far wider data aggregation than previously possible, writes Huw Davies, CCO of Token.

Financial crisis-era rebel Simple is turning to payments innovation — along with its traditional combativeness on fees and rates — to stay relevant against the many fintechs lurking at the edges of the banking world.

Banks are still in their experimental phase of using virtual and augmented reality to interact with customers, and the key to their success will be embracing the technology's social nature. And sometimes that means making an app designed for non-customers.

Antivirus solutions, firewalls, secure web gateways and URL filtering cannot reliably detect cryptominer code and have proved ineffective at preventing it from auto-executing within endpoint browsers, writes Carolyn Crandall, chief deception officer at Attivo Networks.

Citigroup spent years reeling in customers with promotional rates, many of which have expired or soon will. The bank thinks it can keep a large number of those customers and make more money off of them.

Cross-border e-commerce is seeing explosive growth, driving a race among payment providers and acquirers to equip online sellers with the technology to accept any kind of payment in virtually any region. Credit and debit cards are the dominant payment type North American merchants accept, but are much less common elsewhere.

Visa showcased payment technologies it’s developing for future Olympic games, including in-home “couch commerce” leveraging augmented reality.

The payments industry stood out as an active market for mergers and acquisitions during the first three quarters of 2018 with a 33 percent increase in transactions over the same period last year.

American Express is launching Early Pay, a digital financing service that allows large U.S. companies and their suppliers to benefit from discounted bill payments.

While businesses' ability to transact internationally has expanded, the act of settling payments has gotten more complex, expensive and time-consuming. That means opportunity for companies that can provide solutions.

Blockchain technology can make it easier to validate a patient's HSA information, for example — helping speed along the process despite the traditional data validation hurdle they may face otherwise in this situation, writes Bruce Silcoff, CEO of Shyft Network.

To remain competitive, retailers must always have one eye on the future. Mobile wallets offer a strategic platform for retailers to harness and promote emerging payment models, writes Julian Wallis, retail director at Rambus.

Companies founded by women receive significantly less than the venture capital available to all U.S. firms, but trends are improving for all startups this year, including for women-owned fintechs.