Payments

The mobile wallet will initially be available to clients of Sberbank and Mastercard, according to an Oct. 4 news release from Sberbank, which did not indicate if or when it might extend that access to other credit card operators and financial institutions.

Visa, MasterCard and American Express lost an early round of a lawsuit alleging they colluded to pin liability for fraudulent transactions on merchants who didn't meet a chip-reading technology deadline.

Google is placing more emphasis on hardware and voice-controlled assistance, and its payment technology is coming along for the ride. Here's a look at Google's history in mobile payments—what worked, and what got cut over time.

Capital One Financial plans to start issuing credit cards for the outdoor equipment chain Cabela's under a deal connected with the retailer's expected sale to Bass Pro Shops.

Facebook officially launched Marketplace today to make it easier for its users to buy and sell stuff with others near them. But for the time being, Facebook is keeping the payments aspect of this project at arm's length.

EMV chip cards have delivered on their promise to halt counterfeit fraud at the physical point of sale. But for a technology developed long before the invention of e-commerce, mobile wallets and the word "omnichannel," delivering on its promise still feels like falling short.

Restaurants are burdened by a basic payroll issue that might be easily solved by technology, and investors are taking notice.

Simple, the digital-only "neobank" owned by BBVA Compass, is testing out its second product, a contemporary twist on the traditional joint account.

A year after the U.S. EMV liability shift kicked the country's migration into high gear, there are still major hurdles to widespread adoption. The shift took effect Oct. 1, 2015, placing liability on the party unable to handle EMV security, but even this incentive wasn't enough to get everyone on board at the same time.

The U.S. Supreme Court will take up a free-speech clash with big stakes for retailers and credit-card companies, agreeing to decide the fate of laws in 10 states that limit how merchants can describe the lower prices they charge for cash transactions.

Samsung Pay has partnered with Quotient Technology to bring users an in-app coupon service and a function that lets them restore information when they sign in from a new device.

NCR, which is primarily known for its ATMs and point of sale hardware, is taking more steps into digital banking.

Generation Z, the generation following what is commonly referred to as the Millennials, has only just formed its identity, yet its older members are already preparing to enter the workforce and take part in modern commerce.

Citi will join Early Warning's clearXchange, giving the bank-operated digital transfer network a boost as it takes on apps like PayPal’s Venmo.

Walmart Stores Inc. is in advanced discussions to invest as much as $1 billion into India’s Flipkart Online Services Pvt, an alliance that could help the companies battle Amazon.com Inc. in e-commerce, according to a person familiar with the matter.

Nodding to a future in which innovation can come from almost anywhere and personal relationships matter just as much — if not more than — invention, Mastercard is changing how developers access the payment network to bring new ideas to life.

British cosmetics powerhouse The Body Shop this week will accept Alipay at three of its London stores, through a new integration by Germany-based Wirecard.

USAA is a famously fast adopter of new technology, but that also means it must constantly tune up past investments to meet customer demand.

American Express can prohibit merchants from steering customers to credit cards with lower transaction fees, a federal appeals court ruled in a case involving about $50 billion of merchant fees annually.

For merchants still on the fence about whether to buy Square Inc.’s $49 contactless card reader, there’s a new enticement to consider: Square has sped up the time it takes to accept EMV cards by 1.5 seconds.