Payments

Black Friday is making headway with bargain-hunting U.K. consumers, but their 3 billion pounds ($4 billion) in spending is doing nothing to help Britain’s troubled retail centers.

Caixa Bank and its partners in Spain's first cross-industry collaboration to advance payments technology have officially launched their research lab in Barcelona.

Fitbit's expertise in monitoring exercise and health seems pretty far removed from the world of payments, but the company is running full-speed into the world of fintech.

Antiquated testing strategies result in code being deployed with a variety of vulnerabilities and bugs, which is especially dangerous given the current payment landscape of expanding endpoints, consumer devices and payment apps, writes Mark Medlin, chief technology officer of Paragon Application Systems.

Transit agencies worldwide are attempting to eradicate cash and the bottlenecks that it causes from situations where customer throughput is paramount. But is this effort truly viable given the entrenched payment behaviors and requirements for serving everyone, even digital naysayers?

Norwegian banks have been keenly aware of — and concerned about — the prospect of mobile wallets developed in Silicon Valley affecting their own services. So much so that a group of banks has begun preparing to merge their payments systems into one platform and have it up and running by next August.

Uber’s announcement that it had been hacked in 2016 — resulting in the exposure of 57 million accounts — was shocking. The breach itself did not include payment information, but does that really matter from the consumer's perspective?

The federal banking regulators should create a working group that, rather than propose new rules and regulations, would clarify the application of existing rules to blockchain technology.

The main spark for Azimo’s transaction growth in far-flung geographic regions came from its commitment to social media beginning four years ago.

While many companies already have a compliance officer in place, the EU's General Data Protection Regulation requires a data protection officer, writes Sudeep Nadkarni, senior vice president and head of banking and financial services for NIIT Technologies.

A week before he is due to resign, CFPB Director Richard Cordray sent a letter to 29 CEOs at banks, credit unions and other financial companies, urging them to help consumers exert more control over credit cards, debit cards and other payment methods.

Hoping to streamline the payment options across Europe, the European Payments Council has launched the SEPA Instant Credit Transfer scheme.

Cryptocurrency could be a strong fit for online games, which often develop their own realistic economies despite being cut off from mainstream currencies.

PayPal is following up on its P-to-P Facebook Messenger service by adding a chat extension that supports invoicing as part of a broader conversation about a sale.

Boston’s Massachusetts Bay Transportation Authority has approved a $723 million overhaul of its fare system that would eliminate cash payments on buses and trains.

Do the Black Friday and Cyber Monday retail holidays still have meaning in a world where sales promotions are perennial and e-commerce is embedded in nearly every form of digital communication? According to data, they do, and more now than ever.

On Jun. 30, 2017. Dollars in thousands.

Technology has sped up the ability to issue new plastic and boost activation times, but that doesn't mean the service is right for every credit union.

After years of watching shoppers flit from store to store in search of the biggest deals, U.S. retailers are hoping their attempts at building some loyalty will finally pay off this holiday season.

PayPal is following its investment in micro-investing app with a direct link, vastly expanding the app's addressable market.