Payments

Bill.com has implemented a strategy to make B2B payments more like Zelle or Venmo, removing the same pain points that those P2P apps do for consumer payments.

Tech-focused private equity firm Francisco Partners is leading a take-private deal of Verifone Systems Inc., a world leader in payment and commerce solutions.

Starbucks has reported an impressive number of in-store sales in the U.S. coming through its mobile app, a figure that has climbed quarter after quarter since the 2009 introduction of the Starbucks Card app — until July 2017, when it reached 30% and has not budged from that number since.

The Masterpass digital wallet will become embedded into the My Phillips 66 app later this year, enabling customers to pay at the pump or in the convenience store.

The agency should consider exempting some registered cryptocurrency exchanges from state money transmission laws.

Retail banking chief Christian Sewing will become CEO immediately; higher deposit rates could trim lending margins as banks head into earnings season.

So far, U.K. fintechs' options range from relocating to other countries to finding ways to offset negative effects by attempting to “Brexit-proof” their businesses. The latter option can still be a substantial undertaking.

Ann Cairns has been named vice chairman at Mastercard, effective June 1, moving on from her role as president of international markets for the card brand.

The "Global Good Card" from Summit Credit Union has donated nearly $12,000 to the Worldwide Foundation for Credit Unions, and one person leading the charge says the program can easily be exported to other CUs.

Fintech companies such as WorldFirst, TransferWise, OFX, and WorldRemit give people more cost-effective means to make cross-border transfers, writes Jon Dela Cruz, a researcher for iCompareFX.com.

Several states have created their own operations aimed at shoring up what they see as oversight holes created by the CFPB; JPMorgan CEO’s annual letter (47 pages, this one) runs the gamut.

Brand and access to capital can suffer if companies don't take proper care of data from payments and other online activities, according to David Thomas, CEO of Evident ID.

The U.K. government has committed to a 5G Urban Connected Communities Project for a city-wide trial of 5G wireless technology as part of the fourth phase of the government’s 5G strategy. This trial should spark substantial investment in new payments technology.

Companies that aspire to be the Uber of their industry should take a second look at the ride-sharing market, where Grab has become a lightning rod of payments investment and innovation.

More e-commerce companies see recurring billing as a key revenue model, a trend that convinced Stripe to try to lower the bar to entry.

In deploying the Social Pay money transfer service, ICICI Bank says it is the first bank in India to allow nonresidents to send money to family and friends in the country for special occasions like festivals and birthdays.

Implementing an electronic payments solution isn’t about replacing one payment method (checks) for an electronic one—as in abandoning checks for ACH, writes Ralph Perdomo, a research analyst at Nvoicepay.

Some of the biggest digital wallets in the world — including Alipay and WeChat Pay — succeed because they have very little in common with other big-brand wallets like Apple Pay, Google Pay and Samsung Pay.

Last month, banks submitted draft policies on the so-called application programming interfaces, or APIs, that will open up their systems to fintech firms seeking to do everything from payments and remittances to budget planning

New York state's pension funds are urging credit card companies to consider following Citigroup's lead in cracking down on gun sellers.