Payments

President Donald Trump's signing of an executive order Wednesday to push forward with plans for a "security wall" between the U.S. and Mexico has strong implications for how the plan will affect cross-border payments.

On Sept. 30, 2016. Dollars in thousands.

Boston-based Buildium, which provides a software platform for real estate property managers, has expanded its ePay online payment service to Canada, marking the first region outside the U.S. where Buildium supports electronic payments.

BMO Harris Bank is providing its customers with a branded P-to-P payment app, continuing a trend of developing mobile payment and banking services.

The breaches at large retailers and other companies are continuing, making it time to fully embrace a new authentication method.

The fleet card provider WEX isn't sure how blockchain can help its business, but it's confident enough in the technology's promise to move forward.

Total loans rose 7%, but the provision for loan losses jumped 27% to $1.7 billion.

Strong loan growth was partially offset by rising delinquencies in its flagship credit card business, as well as in student and personal loans.

Fraudsters are licking their chops at the thought of infiltrating person-to-person payment systems and enabling a never-ending flow of small-value transactions — with the potential to strike bigger accounts.

Target Corp. has demonstrated payments innovation in many ways, including participating in an early pilot of mobile payments with Starbucks, and driving its payments volume to lower-cost debit rails via its Red Card.

U.K.-based Rambus Ecebs, a provider of mass-transit ticketing technology, is harnessing Host Card Emulation (HCE) for its new service supporting a virtual ticketing app that can replace physical transit cards.

Alibaba Group Holding Ltd. raised its full-year sales forecast after quarterly results beat estimates, as Chinese spending stays strong and the company wrings revenue from fledgling areas such as cloud computing, entertainment and search.

New York-based security company Hypr Corp. is working to use biometric authentication as a glue for the currently fragmented state of mobile and online payments.

UnionPay's collaboration with United Airlines and Planet Payment is the latest salvo in a race among Chinese companies to cater to overseas travelers.

For much of the past few years, U.K. railroad systems have been using smartphones to display tickets as bar codes or other forms of digital fares.

Fraudsters are licking their chops at the thought of infiltrating person-to-person payment systems and enabling a never-ending flow of small-value transactions — with the potential to strike bigger accounts.

In markets such as Africa there's a huge market for mobile payments, but a regulatory environment that has not caught up

U.K. supermarket giant Tesco has long supported Apple Pay at its contactless-enabled checkout locations, and now it also supports mobile payments through a proprietary app it’s rolled out to its nearly 7,000 stores.

Kenya Commercial Bank is working with Visa to bring the first mobile payment solution to its customers in East Africa that utilizes a quick-response code for e-commerce and in-store transactions.

Credit card issuers usually reserve their richest rewards for customers at the higher end who are willing to pay steep annual fees. But a recent surge in credit card rewards deals targeting mainstream consumers signals a key strategy shift for issuers.