Payments

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.

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.