Payments

Because of the opaque nature of internet retailing and widely publicized data breaches, security concerns remain a pervasive gating factor to digital commerce. Key to countering this is providing consumers with the tools to monitor and control where their payment credentials are stored online.

Citigroup is expanding its payments partnership to allow its card members to use their ThankYou rewards points for purchases at PayPal checkout in the U.S.

Like almost everything else related to Amazon's incursion into retail, the company's premium loyalty program has achieved a scale that appears ready to swallow the rest of the industry.

Though a 33% decline in net income was attributable to large one-time gains that the credit card issuer recorded in the second quarter of 2016, Amex faces major challenges in the pursuit of growth opportunities.

Revenue growth in its merchant payments business is expected to be tepid in the foreseeable future. The Minneapolis company says it is looking to ramp up innovation to stay competitive in a business that has been upended by fintech firms and online shopping.

Citigroup is trying to gain an edge in the hotly contested category by introducing these competitive elements to its revamped Citi Prestige card.

Paytm Ecommerce Pvt., the latest entrant into India’s online retailing market, is taking a hard line with suspect merchants to avoid backer Alibaba Group Holding Ltd.’s reputation as a haven for fakes.

Turning a pre-existing digital payment network into an in-store line buster has been a key play for Starbucks and Square, and Amazon is weighing in with its own app that allows its huge network of users to streamline retail experiences.

Mass transit systems have been proven as an effective way of introducing new technologies and driving adoption in many regions, but in many ways they are still vastly behind schedule.

The evolution of the workforce away from traditional 40-hour per week full-time staff is making it harder to handle corporate travel expenses.

The jury is still out on the future of mobile wallets, but a new digital option has started to share the spotlight: social messaging.

When you look at the potent combination of Prime customers (who are the only ones eligible to shop on Prime Day) and Echo owners, Amazon was shrewd to give those customers extra special treatment.

The firm’s latest financial outlook suggests an opportunity to earn profits comparable to those recorded by large, well-established credit card issuers.

The white-label banking platform provider Urban FT has purchased the mobile banking technology firm iParse and several of its patents.

PayPal and Visa are extending their strategic agreement to Europe with a deal enabling PayPal to offer Visa debit accounts in Europe, expanding the locations where PayPal’s European consumer and business customers may make purchases with PayPal funds.

Announcing that a formerly free product or service will now cost money exposes banks to reputational risk. But the process doesn’t have to end in customers getting angry.

The feature instructs consumers to follow an object on the screen with their eyes, in a randomized pattern Jumio said will be nearly impossible for fraudsters to fake.

As retailers scratch their heads to find ways to counter Amazon's ongoing disruption of their industry, investment is flowing to technology companies that meld shopping, payments and fulfillment.

The move will explore the risks and opportunities of the new technology, and the group membership allocation across agencies and stakeholder groups seems to be a reasonable way to include a range of opinions, writes Rob Viglione, co-founder of ZenCash.

Large outdoor events were among the earliest proving grounds for mobile point of sale technology. Will this environment be as welcoming of digital currency?