Payments

A dozen global transaction banks are now using the Society for Worldwide Interbank Financial Telecommunication's new global payments initiative service to improve cross-border payment delivery.

Virtual credit cards are gaining popularity as a one-time-use security method, but payments through these digital cards are expensive for accounts receivable departments to manage.

The payments technology revolution of the past few years has given consumers myriad new ways to shop across different channels. Business payments have not enjoyed the same level of attention.

Billionaire investor Carl Icahn reduced investments in PayPal Holdings Inc., Nuance Communications Inc. and Freeport-McMoRan Inc., according to a regulatory filing Tuesday.

The growing number of Chinese consumers traveling to the U.S. and other countries is becoming a two-for-one opportunity for payment companies. The market's gigantic and growing — and it has a lot of trouble executing transactions.

PayPal has agreed to acquire TIO Networks, a Canadian company that sells software that powers bill payment processing, particularly for underbanked consumers.

The cards could prove to be popular with Americans who travel frequently to Asia.

A key aspect of the job for security leaders at retailers is to present cyber risk threats to boards and top executives in terms they understand. Bay Dynamics says the best way to do that is through the common language of dollars and cents.

Chief executives at the biggest U.S. regional banks are asking U.S. lawmakers to consider easing capital requirements and repealing part of the Dodd-Frank financial overhaul that caps fees banks charge retailers on debit-card transactions.

The attack goes after the social network customer service channels for issuers and other financial services, and is hard for consumers to spot.

While cash back remains a popular reward, consumers would like to see a rewards card in which they would have a choice to establish a program they consider most relevant.

EQ Bank, BankMobile and solarisBank offer insights into how they built their digital-only banks with design thinking, new products and money management tools.

A consortium of 106 Norwegian banks are taking over Vipps, the mobile payments service DNB Group launched that supports person-to-person, mobile, online and in-store payments across Norway.

You’d think financial institutions and retailers in the U.S., with a long list of EMV migration examples to look to in other countries, would have been prepared for fraudsters shifting their attention to e-commerce after security improved at the point of sale. But e-fraud is on the rise, so what's happening?

The Delaware company is also close to completing a compliance program to address anti-money-laundering and Bank Secrecy Act issues.

LG is rethinking its strategy around LG Pay and its newest smartphone, the G6, won’t include a mobile payments feature when it’s unveiled later this month at Mobile World Congress in Barcelona

Money transfer operators have an incentive to inform banks and regulators about the quality of their compliance programs.

It's not enough for a credit union to a mobile payment app—the CU’s app needs to be the first one members turn to when it comes time to pay.

The password management company was an early supporter of the alliance's standards, and is now joining the organization as it seeks to reduce use of static authentication.

The company already has a domestic market for transfers and other payment services, and is looking to serve the international needs of that audience.