Payments

To jawbone Mexico into paying for the wall, President-elect Trump has threatened to suspend remittances. Such a move would disrupt one of the busiest corridors of money in the world.

President-elect Donald Trump’s well-publicized plan to build a border wall and make Mexico pay for it could have significant ramifications for a major sector of the payments industry.

Bill.com has gained traction in recent years with a few large banks that market its electronic bill payment service for businesses, but reaching a wider audience has been tough because small businesses are a tough nut for banks to crack.

New research finds that many credit card users continue to pay only the minimum required each month, in spite of government-mandated disclosures designed to encourage them to get out of debt sooner.

Donald Trump’s stunning upset in the presidential race on Tuesday is likely to embolden his followers to push for changes to Internet law that could significantly alter how financial technology is conceived, built and delivered to market.

Consumers may wholeheartedly trust the biometric security built into their smartphones, but banks could be doing more to protect them.

New research finds that many credit card users continue to pay only the minimum required each month, in spite of government-mandated disclosures designed to encourage them to get out of debt sooner.

New research finds that many credit card users continue to pay only the minimum required each month, in spite of government-mandated disclosures designed to encourage them to get out of debt sooner.

The Internal Revenue Service's internal watchdog Tuesday called on the agency to develop a concerted strategy to address the possible use of virtual currencies in tax evasion or money-laundering schemes.

Designed for Japan's automotive industry in the 1990s, QR codes remain a common feature in the latest mobile wallets. They have pros and cons that banks need to carefully consider.

More than two years after Apple Pay made its debut, less than 20% of U.S. shoppers are routinely using their smartphones for mobile payments — but millennials are bucking that trend a bit.

It is premature to say whether criticism of cross-selling and calls to break up the big banks will lead to action, but there is one area where a spinoff could actually be in the banks' interest.

The long-term promise of mobile wallets has been that plastic cards could disappear, even from the point of issuance.

Security software-maker Gemalto NV Chief Executive Officer Philippe Vallee says sales growth will accelerate as soon as this quarter.

Nigeria is becoming a hotbed of mobile payments development, with the nation’s largest banks and wireless telecom companies launching a mobile payments platform this month.

The fintech boom attracted a lot of new investors and in turn, billions of dollars into the market. But some of that money went to projects that haven’t lived up to the hype and in 2016, we’re starting to see a pullback.

Mobile wallets need to be open and accessible across all systems.

Like Uber, Airbnb has become a popular partner for payment companies.

Consumers increasingly are embracing contactless payments for smaller, routine transactions, with average transaction size rising slightly.

There was once a huge push behind contactless payment cards in the U.S., but eventually issuers lost interest in the format. However, there are signs that contactless payments will make another push.