Payments

The bank consortium R3 CEV has released its Corda platform as open source to encourage innovation and interoperability in the industry's development of blockchain technology.

Another leading company in the turbulent online lending sphere has replaced its chief executive officer.

Ant Financial’s attempt to add a social-network function to China’s biggest payments platform has backfired.

Big data was supposed to unleash a lot of powerful insights for banks, but many financial institutions still haven’t found a way to harness their own data because the amount of available information is so vast.

Consumers aren't just sharing the charming personal moments of their lives on social media — they're producing data that Israeli startup Feelter contends can revolutionize online shopping.

USAA has debuted several new features designed to make its digital wallet more versatile and to cast payments as one of a series of services.

Bank of New York Mellon has created a dedicated innovation group for launching new technologies in its treasury services unit.

Bank of New York Mellon has created a dedicated innovation group for launching new technologies in its treasury services unit.

Israeli mobile technology company On Track Innovations (OTI) hopes to cash in on the trend toward fashion-direct payments by embedding transaction functions inside a ring.

Jack Henry & Associates is adding the Zelle person-to-person and faster payment services to its current P-to-P features for credit union and bank clients.

Citigroup mobile-app users can now track the status of deliveries of replacement credit cards.

Apple Inc. scored a victory in the global battle to control the future of mobile payment technology after the Australian competition regulator refused to grant a group of local banks permission to negotiate collectively over the introduction of Apple Pay.

Citigroup mobile-app users can now track the status of deliveries of replacement credit cards.

The growth of China’s fintech scene is providing a less developed financial market with much-needed updates. But those improvements also serve as a stepping stone to bring Chinese fintech players to Western markets.

Retailers are adding e-commerce services quickly, but older technology systems are making the migration difficult.

As the holiday shopping season kicks off, retailers are preparing for an influx of payment volume from shoppers and scammers alike. Here are a few of the problems they face.

When Stripe Inc. launched its e-commerce payment services in 2011, the San Francisco-based startup wasn't presenting itself as a major threat to online giant PayPal — and even with its new $9.2 billion valuation, it still might choose a different path.

Stripe Inc. raised new financing that values the startup at about $9 billion, cementing its status as a major player in the crowded digital payments space and heralding a possible initial public offering.

An Israeli startup in the emerging B2B2C space that allows consumers to make payments through major messaging apps has completed a $6 million round of funding backed by Banco Santander, Mastercard and other investors.

Capital One Financial in McLean, Va., is splitting up the management of its cards business.