Payments

By now most of the world knows of the disruption India's monetary system has undergone as its government discourages paper cash and pushes digital alternatives, stopping short of outright forcing the issue. But there's another challenge within the market.

Quona Capital Management raised $141 million for the Accion Frontier Inclusion Fund, which will invest in companies that provide financial and other services to underserved customers in emerging markets.

Because he is blind, Chris Danielsen assumed he’d need a friend to help him deposit a check remotely. But he did it on his own using USAA's mobile app.

U.S. corporations with heavy international payments traffic between buyers and suppliers are looking for ways to use financial technology to streamline processes.

Chip cards have decreased card fraud, but online fraud is on the rise. By asking the right questions, merchants can find payment partners that can fight the fraud migration.

The investment will help BillPro's international expansion ambitions in a cross-border payments market that's expected to expand for technology-driven providers.

Other quick serve establishments such as Starbucks have had challenges in managing the changes in customer flow that accompany order and pay.

Technology and payment companies are both trying to get businesses to automate supply chain payments, but for years their efforts have stalled.

The Indian government's major change in cash policy and push for digital payments attracted the Chinese company to increase its stake in India's Paytm.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

The way people seek and buy music—in a store, online, or a download—is as generational as the art itself. Madrona Venture Group is staking a claim on 'buy' buttons as the next hit.

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.