Payments

Seoul-based Viva Republica, which is seeing brisk growth with Toss, its person-to-person payments app, recently drew $48 million in venture capital funding. The series C funding round was led by Silicon Valley’s Goodwater Capital, along with PayPal, Bessemer Venture Partners, Altos Ventures and Partech Ventures.

Chase Pay is the result of years of investment in ChaseNet, a closed-loop system that allows JPMorgan Chase to cut costs in a way few other banks could. So what value — if any — does Chase get from buying the discarded remains of the MCX merchants' mobile wallet?

Many banks and money transmitters have built successful billion-dollar businesses around P-to-P payments without social sharing and letting users send emojis.

Mobile money apps have proven to be a major force in building financial services in emerging economies, but under the hood they can be starkly different.

The industry has made great strides in faster payments over the past year. Even more cooperation among stakeholders will be needed in the year ahead.

The technology from MCX's CurrentC wallet, which never formally launched, will get new life with Chase Pay, which debuted in 2016 with Starbucks, Best Buy and commitments from MCX members such as Walmart.

Republicans repeatedly claim that the Dodd-Frank Act has hurt consumers by raising costs and hampering credit availability. But the data doesn't back that up.

The move may prove particularly helpful in reaching rural parts of India, where the latest smartphone technology has not arrived.

The certification covers compliance, risk and strategy expertise as the payments industry becomes increasingly digitized and global.

The terminal and ATM maker, which is making a number of changes to its business, expecs the plant will be phased out by the end of the third quarter.

Ever since Apple opened its Siri voice assistant to outside developers late last year, payment companies have been experimenting with the potential of voice-controlled payments. Here's a look at what some of the early adopters have already accomplished.

For the music industry, which globalized quickly as its products moved online, payment processes haven't kept up.

Consumers who prefer fancy designer watches will soon have the option to add contactless payments to their bling, as Movado Group rolls out a crop of stylish watches with Android Pay built in.

TriMet, the regional transportation system based in Portland, Ore., recently began a test of a reloadable fare system and later this year it will add Near Field Communication-based payments via bank cards and smartphones to its pilot.

The steady march of smartphone technology makes mobile wallet adoption seem inevitable, but consumers still need convincing.

American Express Co. is looking to weed out customers who jump from credit card to credit card just for the sign-on bonus.

The cross-border payments startup will use proceeds from its Series D round to fuel growth.

Instant card issuance is an older technology, but it's tailor made for the digital and mobile world, where instant gratification is key.

Bank of the West waited until the fall of 2016—many months longer than most banks—to offer its customers any mobile wallet. And when it did finally join the mobile wallet craze, it went all in.

Visa is amplifying its support for female entrepreneurship by sponsoring Girl Starter, a technology company that nurtures girls’ interest in technology and business leadership.