Payments

In Zelle’s national advertising campaign, the bank-run P-to-P network spotlights consumers paying a personal trainer, a babysitter and a neighbor. It sets an expectation that Zelle can be used like a credit card, and scammers have figured out how to exploit this trust.

Hot on the heels of the January debut of the first Amazon Go store in Seattle, the e-tailer is reportedly planning to open six more stores over the course of 2018. It's a surprising show of confidence from Amazon.

Amazon Go has swung far to the side of self-service as the company has maximized on technology and eliminated the value of face-to-face interactions. This is not be a recipe for success for every retailer, writes Jon Croy, co-founder and CMO of Point Inside.

Even in 2018, when mobile commerce and mobile point of sale are commonplace, fintechs are able to find plenty of niches stuck in the past.

The internet giant, SunTrust, Ally and other backers have invested $16 million in a new funding round for Greenlight Financial Technology, further blurring the lines between banks and tech companies.

Despite panicked cries to the contrary on social media and cable news, federal authorities are keeping a careful eye on evolving digital currency markets, as regulators are likely to tell Congress on Tuesday.

The U.S. Supreme Court refuses to hear an appeal by hedge funds; South Korea’s leading cybercurrency regulator dies of heart attack.

Rambus has provided the data technology under the hood of Nintendo and PlayStation games since the 1990s, and later became a global token service provider. The next logical progression is mobile payments.

Google launched its Google Pay app for Android devices Tuesday, probably confusing millions of people globally who already used Android Pay. But the change is more than just in the branding.

The rudimentary email pre-orders at Grossman's stores were helpful, but limiting in that it still focused on a one-on-one interaction with the customer. Grossman has since implemented technology that allows multiple customers to submit a single order.

The card activation process is relatively low-tech, but since its introduction nearly three decades ago it has been hugely effective in preventing credit cards from falling into the wrong hands. Among its pioneers was Ash Gupta, American Express’ president of global credit risk, who is retiring next month.

A sophisticated campaign by Russian actors seeking to manipulate the 2016 U.S. presidential election through social media included stealing the identities of Americans and using accounts at PayPal to aid their effort.

Four of the startups are focused on business and consumer bill payments, and a fifth offers student loan repayment assistance as an employee perk.

The Financial Conduct Authority is seeking input on whether it should expand its fintech testing ground to include startups and regulators from around the world.

International officials are discovering they can sometimes avoid bank fees by replacing currency transfers with the technology at the heart of Bitcoin.

The Olympics draw together fans from around the globe to cheer on their fellow citizens, and having such a diverse group of people in one spot can inspire companies to experiment with cutting-edge technologies.

As much as payment companies love to talk about opening up their platforms, there's definite room for improvement.

Grocery has been in Amazon’s sites for years. It’s very appealing because shopping volume and frequency is high, but the margins are low, and the logistics are difficult because of spoilage, writes Tom Caporaso, CEO of Clarus Commerce.

Big companies like Stripe and Visa have written off the idea of bitcoin being used for payments, citing the cryptocurrency’s inconsistent fees and speed — but Coinbase may be uniquely positioned to succeed where others were forced to give up.

Erminia Johannson's promotion is part of an effort by BMO Financial to generate more revenue from its U.S. operations.