Payments

The mobile device and its embedded technology can make a strong combination to protect user ID, and comply with new European regulations for security.

The number of new checking accounts at the embattled Wells Fargo fell by double digits year over year, and account closures remained brisk. Yet the figures on credit card applications were worse.

MoneyGram has deepened its reach in Ghana’s busy remittances market with a new partnership with Accra-based Capital Bank, its fifth alliance with a major financial institution in the country.

U.S. households increased their borrowing in the final three months of 2016 at the fastest pace in three years, according to the Federal Reserve Bank of New York.

More everyday products are becoming connected devices, including refrigerators, washing machines and even mirrors. As each household item evolves, companies are eager to transform them into channels for shopping.

Buying clothes can be a tedious process of waiting in lines to get into the dressing room, and then waiting in line again to make a purchase. As it turns out, eliminating the second half of this process can also reduce the first half.

Linking payments accounts to public profiles is a convenience that makes digital payments as easy as typing a tweet, but after a high-profile trolling incident involving one of President Trump's closest colleagues, it seems there are still issues to work out.

The Canadian Federation of Independent Business (CFIB) and Mastercard have reached an agreement that will reduce payment card interchange rates for members of Canada’s largest small-business organizations, bringing them on par with large merchants’ rates in the market.

The rush to stake out central roles in the emerging Internet of Things is picking up speed, with IBM and Visa announcing a partnership for adding secure payments technology to everyday objects, including vehicles.

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.