Payments

Unlike some other family spending tools in which parents dictate what their children can spend on prepaid cards, Malauzai Software and payment technology provider Vantiv are delivering an application that encourages users to let the child decide what to spend.

The company behind Android Pay is giving more tools to developers and inking more partnerships in the payments industry. Here are some of the biggest developments surrounding this year's Google I/O event.

The Treasury secretary says the Trump administration doesn't support separating commercial from investment banking; wealthy neighborhoods are designated as low-income, benefitting banks with branches there.

Brick-and-mortar retailers are using technology to transform their physical stores into an Amazon-like digital experience.

3DS 2.0 is designed to vastly improve cardholder authentication, and in so doing, improve the digital checkout and payment process.

The Trump administration must weigh risks to national security in its review of the $1.2 billion deal. Its decision will shed light on whether — given the president’s “America First” rhetoric — Chinese investment is still welcome in the U.S. financial services sector.

Wells Fargo is expanding its fintech accelerator so it is better positioned to connect with customers through channels like the internet of things.

PayPal's strategic partnership with Google has advanced to online shopping, as Android Pay users will soon have PayPal as a funding option for e-commerce.

Ant Financial, China’s largest provider of internet financial services, will continue investing in mobile-payment providers around the world to boost offshore revenue and buttress itself from rising competition and tighter regulation at home.

Paytm, India’s largest digital payments startup, raised $1.4 billion from SoftBank Group Corp. in the largest funding round from a single investor for the country’s technology sector.

One-time passcodes or more complex passwords are not enough, and add friction and potential frustration for the user. The solution is mobile identity authentication, writes Randy Vanderhoof, executive director of the Secure Technology Alliance.

For years, William Shatner plugged Priceline, an online portal to take costs out of travel by pitting hotels and airlines against their rivals. A similar idea is taking shape in the market for payment providers.

Universal Resort's launch of the TapuTapu band at its new Volcano Bay water park illustrates how much more a wearable can do when it is incorporated into the design of the park from the get-go.

The old record was set just before the Great Recession, and what may be most remarkable is that it took nearly nine years to reach a new milestone.

China’s internet titans are set to supply ample evidence that online spending continues to defy a slowdown in the world’s second largest economy.

Cybersecurity professionals are having hard time keeping up with the vulnerabilities exposed on a daily basis in networks handling payments or personal data, according to new research from Bay Dynamics.

Product searches can be confusing, which can increase card abandonment and cut into sales. Virtual assistants and other customer service improvements can solve the problem, writes Arjun Mendhi, a director at Infinite Analytics.

Royal Bank of Canada is applying blockchain technology to its loyalty program, in an effort to make its rewards more tangible and accessible.

MoneyGram’s stockholders have voted to approve a deal to be purchased by China’s Ant Financial for $1.2 billion.

JPMorgan Chase, which already made a $10 million investment in mobile payments and loyalty provider LevelUp, renewed its interest in a just-completed $50 million round of funding.