Payments

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.

Amazon is lending its considerable brand and heft to a cash payment model that borrows a vital piece of real estate from Apple Pay.

The merger, which brings TMG CEO Shazia Manus into the CO-OP fold, is expected to directly impact more than half of all credit unions in the United States.

International payments technology provider Cardtek has created the emPAY mobile wallet with partner Emcredit to develop a nationwide payment platform in the United Arab Emirates.

There's been a lot of funding flowing into technology that targets the spending of Chinese travelers as they visit other countries. But this narrow use case isn't the only opportunity for investment and innovation.

Adoption is increasing, but most consumers would stop using the technology if they suffered a security incident

Today, less than 10% of all gift cards sold in the U.S. are digital. That could start to change, as the industry's heavy hitters break down the walls between their plastic and digital gift card operations to spur global growth.

Chinese billionaire Jack Ma’s latest U.S. expansion plan is facing rising political obstacles.

In addition to 11.5 percent loan growth and membership rising at its fastest rate since 1987, membership at Michigan's CUs is growing faster than the state's population.

The 2012 Jobs Act let regular Americans invest in startups, spawning a glut of crowdfunding sites offering real ownership stakes in return for cash, rather than the new smartwatches or electric skateboards available on pioneering platform Kickstarter.

The payments giant has made a lot of money issuing loans to online shoppers with blemished credit histories. But now it is looking to reduce its risks.

Artificial intelligence is steadily making its way through the payments and financial services world. The technology's usefulness for fraud detection is clear, but there are other areas where AI can have an impact.

A full changeout of AML and KYC rules would stress compliance. Working to improve current practices would be better for the financial services and payments industries.

A new generation of Internet-connected vending machines could make digging for spare change and fiddling with uncooperative dollar bills a thing of the past. At a growing number of locations, customers can now pay by credit card and mobile wallet.

Wells Fargo & Co. is expanding its ExpressSend remittance payout network in India to include Axis Bank and, beginning next month, expanding a free-transfer promotion previously available only for those sending at least $500.

Germany's Wirecard is expanding again through the acquisition of MyGate Communications, a small but fast-growing payment services provider based in Cape Town, South Africa.

Visa, Global Payments Inc., Samsung and Arval will help the bank operate Spain's first Payment Innovation Hub in Barcelona.

WeChat, China’s most popular social media and messaging service, has launched a new bid in Europe and the U.S. to develop its payments offering and win new advertisers.

Consumers are increasingly positive about loyalty programs, mobile ads, chatbots and making a purchase from a smartphone, despite an early resistance to changing their payment habits when mobile wallets debuted years ago.

Business still use lots of checks for payments. That may have worked in the past, but it likely won't work in an increasingly digital future.