Payments

As more of China's citizens engage in travel and commerce across the nation's borders, more companies want to help them pay and collect money. Many of China's dominant payment brands are extending their reach globally, but U.S. and European companies are also focused on this audience.

Singapore-based ride-sharing company Grab is looking to expand its reach in Indonesia through its acquisition of Kudo, an e-commerce platform for unbanked consumers who would be unable to use Grab's own digital payment platform.

China-based Ant Financial is preparing to fight for MoneyGram despite a rival bid from Euronet Worldwide, based on signals the company sent today in an open letter to the money-transfer company’s management, employees and customers.

Speakers at PSCU's 2017 Member Forum offered insights on a host of issues related to payments, cybersecurity, leadership and more.

Upgrade, an online lender started by former Lending Club CEO Renaud Laplanche, will tout credit monitoring and education features to stand out in a crowded field.

For London-based fintech provider Tramonex, seeing so many Chinese tourists visiting the U.K. meant a chance to join the success of WeChat Pay. But how to accomplish this was less clear.

Transit systems provide a clear use case for mobile payments, allowing commuters to avoid lining up at ticketing machines when they're already in a rush to get to their destination. But many of the perks of mobile wallets, such as targeted offers, don't apply to them.

Merchants are concerned emerging technology can't keep up with the growing online fraud threat. But there are some steps that can increase security.

Western Union Co.’s mobile app customers can now use Apple Pay to send funds originating in the U.S. to more than 200 countries and territories worldwide, including domestic bill-payments.

Ingenico ePayments is giving merchants a new way to engage consumers at the checkout by offering a choice of games enabling participants to win merchandise instead of having to pay for it.

Shortly after spinning off PayPal, eBay shed another unit, the e-commerce powerhouse Magento Commerce, which is working to spread its wings beyond its core specialty of e-commerce sites.

The U.S. merchant acquirer-processor arena is so mature that the only dramatic gains typically come from consolidation, leading to even more formidable combinations that make the next phase of growth even tougher. But there are also opportunities for companies that know how to specialize.

New payment standards have banks worried about compliance costs, but there is an opportunity for innovation for aggressive institutions.

The neobank Compte-Nickel has opened more than 540,000 accounts since its launch three years ago.

Facebook’s WhatsApp, the Mountain View, Calif.-based messaging app with a broad global following, may be preparing to roll out person-to-person payments, beginning with its app in India.

The process of making cross-border payments to global suppliers is a hodgepodge of technology, banking systems and other factors that can lead to high error rates. And for most companies, such payments occur too infrequently to invite improvements to the process.

After launching a mobile pre-order and pre-pay app at Five Guys burger locations in Paris and Madrid, Ingenico ePayments is preparing to make the system available at the chain's restaurants throughout Europe in the coming months.

Businesses are shedding paper checks in favor of electronic payments, but the migration is not as easy as consumer payments.

Seamless is aggressively pushing the reach of its SEQR wallet through global partnerships designed to make the app available at millions of merchant locations, enable technology-agnostic transactions, and pry more retailers away from bank issued cards.

Splitit has partnered with Magento, the open-source e-commerce platform, enabling merchants to integrate Splitit’s monthly credit payment option into their checkout processes.