Payments

Here are some major ways that mobile banking, P-to-P payments and fintech are changing banking.

Boston-based Flywire has made another move to diversify beyond its original cross-border tuition payments niche by acquiring Pace Invoice, a multi-currency invoicing platform enabling clients to more easily link outgoing cross-border invoices with incoming receivables.

Executives at Wells Fargo, SunTrust and PNC insist that credit cards, mortgages and other consumer lines can help pick up the slack as commercial borrowers remain cautious.

FastPay says it will provide digital businesses with a new platform for receiving payments from advertisers and agencies, and also for paying vendors in a timely manner.

Advertising, marketing and payments are changing very quickly and traditional players will need to adapt quickly in order to survive, according to new data.

American Express Co. has struck back against Citigroup Inc., winning exclusive rights to issue credit cards for Hilton Worldwide Holdings Inc. and ending an agreement in which the two banks shared the business.

Visa plans to support 3-D Secure 2.0 in an upcoming enhancement to its Verified by Visa service, giving merchants and issuers real time accurate customer authentication of cardholders and a superior end user checkout experience.

In the elite card sector, issuers have been aggressively honing their rewards programs and offering hefty bonuses to those who switch. It's a golden opportunity to win the long-term spending of a wealthy customer base, but only if banks can keep those customers on board after the sparkle fades from that initial offer.

Processors are investing billions of dollars to build huge menus of tools for retailers that may no longer have the time to work with multiple vendors. These transformations are years in the making, and each investment or acquisition has the potential to dramatically change the competitive landscape.

Singapore’s Oversea-Chinese Banking Corp. (OCBC) will soon expand acceptance of its person-to-person mobile payments app to local merchants.

In this market, Amazon no longer has the advantages it once held over physical booksellers. As grocery stores prove increasingly innovative and tech-savvy, can Amazon viably compete in their domain, where digital expertise may not be enough?

PayPal has worked to build support from retailers and consumers, positioning it well in the competitive e-commerce game, writes Lauren Freedman, senior vice president of digital strategy at Astound Commerce.

Pizza Hut has played a large role in building China's middle class. It's also a major cog in Ant's investment in Yum China.

SkyShopper enables Emirates NBD’s credit and debit card customers to make purchases from retailers through a single portal.

The consortium joins a growing list of cross-industry groups exploring uses for distributed ledger technology.

The integration is designed to improve user experience for international transactions.

Pangea’s instant-transfer app serves six Latin American countries and it’s eyeing expansion to Asia, with a formula based on speed and simplicity.

Automated teller machines have come a long way since Barclays rolled out the world’s first ATM at a branch in north London 50 years ago. Here’s a look at some of the milestone moments and key innovations in ATM technology over the past five decades.

Since e-commerce retailers often don't have the same personal relationships as traditional retail, it can be harder to dispute chargebacks.

Messaging app Kik Interactive is the latest and potentially most well-established company to delve into a quirky new form of fundraising -- creating its own digital currency.