Payments

While the true impacts of the United Kingdom's departure from the European Union are still unknown, there are a number of factors that will pressure payments innovation.

The Stamford, Conn., credit card issuer reported net income of $576 million, up 5.3% from the same period a year earlier.

The new approach is designed to make is possible for issuers to react speed their reaction to online fraud.

The e-commerce company is expanding the buy buttons from one-off buttons used in the home to order items like soap or toilet paper.

The deployment comes as Singapore is in the midst of a broad digital initiative for the entire city.

American Express spend a record amount of marketing and promotions in 2016, following Costco's departure.

The parent of Alipay is also investigating uses for biometrics and artificial intelligence.

Rather than killing off the plastic card, smartphones are strengthening it. Many issuers' card accounts are more valuable than ever, with perks made possible only through the development of smartphone apps.

Technology toolkits such as application programming interfaces (APIs) have enabled small businesses to use simple programming to extend online payments to consumers, and the same technology can be applied to marketplace transactions.

Loyalty programs can be a mixed blessing. When they work as advertised, they can lock in consumers and build relationships; when they fail, they vex shoppers and sour relationships.

The wave of new technology for CFOs should include easier invoicing and a user experience that resembles consumer e-commerce.

American Express Co., the largest U.S. credit-card issuer by purchases, said fourth-quarter profit fell 8.2 percent as expenses exceeded analysts’ estimates and the firm set aside more money to cover bad loans.

BBVA Compass has renewed its long-term payment services agreement with TSYS for processing consumer, commercial and small-business credit cards.

The Western Union Company agreed to pay $586 million and admitted to a lapse in anti-money laundering controls in an agreement with the U.S. Justice Department and other U.S. authorities.

Tipalti is building a presence at the intersection of electronic media and advertising, where a different kind of 'faster payment' movement is taking hold.

As payments become "invisible," easier execution will also make transactions more safe and power marketing programs

Michael Corbat told analysts Tuesday that Citi will no longer report Citi Holdings, its erstwhile "bad bank," as a separate entity.

Quicken is working with PayNearMe's Prism RESTful API to allow customers to see real-time transaction data and historical account information from significantly more billers in the Quicken personal finance platform.

UnionPay customers can now transfer funds from Canada to China without fees through a partnership with Canadian bank CIBC.

The Financial Conduct Authority has given the green light to Geoswift, the Hong Kong-based cross-border payments company, to operate collection and settlement services between the U.K. and China.