Payments

U.S. consumer credit card debt just passed an ominous milestone, beating a record set just before the global financial system almost collapsed in 2008.

The development and adoption of technology too often move at different rates in the payments industry, creating a need to manage usage that is out of sync with expectations.

Unless security systems are implemented thoughtfully and provide a comprehensive view of an organization’s end-to-end security position they’re little more than a distraction, writes Luis Rojas, vice president of product management for cyber fraud and risk management at Bottomline Technologies.

MoneyGram’s total revenue declined slightly during the second quarter to $410 million, resulting in flat growth compared to the previous quarter based on constant currency.

Bank Asia in Bangladesh has partnered with Western Union, enabling consumers to send and receive funds via a network of 1,250 bank agents throughout Bangladesh.

With clients seeking a faster way to reimburse employees for expenses, Shoeboxed turned to payments technology provider Dwolla to help create Fetch.

Under PSD2, banks are expected to admit all vetted comers, but how they will connect to them is up to the individual parties, writes Raz Rafaeli, CEO of Secret Double Octopus.

If everyone has a universal digital identity, the documents that identify us in the physical world will no longer be necessary, writes Michael Gorriz, group chief information officer for Standard Chartered Bank.

Credit card issuers are beginning to see significant upticks in credit card account charge-offs, with Discover the latest to report a spike, flagging a 55% hike in losses during the most recent quarter. But what exactly is driving the increase?

Even the most honest customers can look risky if they frequently travel. Their movements can throw off traditional vetting techniques that authenticate transactions by looking at location as a risk factor.

Current SVP Tom Davis will take over as dictated by the firm's long-time succession plan.

China’s fastest-growing online industry segment in the first half was food delivery, as startups backed by Tencent Holdings Ltd. and Alibaba Group Holding Ltd. touted discounts and marshaled armies of people to get restaurant meals to the homes of almost 300 million.

As technology around us evolves to be more pervasive but less intrusive, the interface between devices and the world around us is adapting to mimic and recognize human senses such as voice and sight.

As the digital age reduces the wear on physical cards, how is it that some consumers are requesting new cards more frequently?

From gold plating to silicon guts, the plastic card is not what it used to be. Here are some of the most ambitious attempts to make credit and debit cards relevant in a high-tech world.

The promise of a connected future has enormous implications for all aspects of our lives, but there are great risks along the way.

A "smart" token is a regular token on steroids, transmitting the information needed to authorize the transaction together, including enhanced counterpart identity, transaction and invoicing data, writes Marten Nelson, vice president and co-founder of Token.

Push Payments' Travis Dulaney discusses the Fed task force report; Brian Roemmele talks voice pay.

Germany-based Payworks is the latest to partner with Ant Financial’s Alipay as it works to expand the base of merchants capable of accepting the popular Chinese online and mobile payments app in Europe.

Flywire and Volvo Car USA have formed an agreement to streamline cross-border payments for international students leasing cars from Volvo.