Payments

Connected devices are expanding quickly, as are payment apps. The combination may make following commerce and security mandates harder in the future.

JD.com Inc. agreed to sell its finance arm for 14.3 billion yuan ($2.1 billion) in cash while retaining a share of its future profits, part of a deal to spin off the fast-growing division and create a strong rival to billionaire Jack Ma’s Ant Financial.

American Express Co. is escalating the rewards war for premium credit cards, offering Platinum customers $200 of free Uber rides while raising the annual fee.

Everybody thinks business travel payments and bookings are a headache, until consumer-style rewards are thrown in.

Fraudsters have a strong desire to take over a consumer's accounts or create new accounts to commit fraud by purchasing clothes or shoes to resell or initiate other crimes or chargebacks.

Banks have traditonally lagged behind in embracing innovation, though blockchain provides the opportunity to quickly ramp up digital services.

Apps that allow consumers to order and pay in the same experience are infiltrating the restaurant industry, and Mastercard is arming itself for competition.

Digital payments can make travel payments easier and boost financial services in emerging markets. In some cases, it's doing both.

Square Inc. said it acquired startup OrderAhead’s dining pickup website and app that allow people to place take-out orders and skip the line at restaurants.

When Visa turned part of its technology shop into an innovator's sandbox, the card brand hoped it would accelerate its evolution from a rail for plastic cards to a diverse commerce enabler.

Third party technology development from APIs and real-time digital payments are expanding, creating a new area of security risk.

The PayPal Charitable Giving Fund was accused in a lawsuit of failing to tell donors that their gifts may not reach their intended charities if the organizations aren’t registered with the online payment platform.

Sweden-based Klarna has partnered with GhostBed, a U.S. online mattress retailer, as the payments company expands its reach with more direct-to-consumer brands.

Electronic payment provider Finnet will deliver its service in Indonesia through a partnership with Cellum and its Mobile Next platform.

Digital transactions tied to travel are growing quickly, putting pressure on airlines to support third party mobile wallets and other e-commerce options.

The retailer is set to announce Tuesday that it is updating its app to allow its customers to input money transfer information electronically rather than having to fill out paperwork in the store.

Banks are unlikely to develop their own social media platforms, but they may have a chance to overtake this market by customizing the smartphone's keyboard app.

Lost in the battle between banks and retailers — which is being fought with renewed vigor in the early days of the Trump administration — is any consideration of how caps on interchange fees have affected consumer spending patterns.

An innovator in the fields of payments and shared branching, the recently retired CEO of CO-OP Financial Services returns to CUNA’s GAC — and dons a tux — one last time.

ACI's Universal Payments software for merchants will deliver various payments options to a new Co-op program which covers more than 2,800 stores in the U.K.