Payments

When Apple came knocking on their doors to sign up credit unions for Apple Pay, these companies saw an opportunity to change their ways and start acting like nimble, modern financial institutions.

SourceMedia's annual PayThink conference is always boiling over with ideas and innovation. This year's event, which took place in New Orleans this month, was no exception.

German mobile payments startup SumUp failed to deliver on plans announced last year to invade the U.S., challenging Square on its home turf, but it wasn’t due to fear of the competition. Merchants were just much slower to act on EMV than SumUp expected.

Millennials hate banks so much, they’d rather go to the dentist than listen to what banks have to say. And digital payment alternatives are taking advantage.

While Barclays was slow to warm to Apple Pay in the U.K., the bank's aggressive development of its own bPay contactless payments technology has continued unabated with deployments ranging from gloves to saddles.

The latest iOS update will soon enable many consumers to initiate payments via voice command, but a German bank is one of the first to take its service live.

Hari Gopalkrishnan, Bank of America's managing director of client facing platforms technology, is adamant that the bank doesn't need to have its own mobile wallet today.

PNC Financial Services Group plans to increase consumer lending with its current tilt toward commercial loans generating lower overall loan yields.

When a mobile banking vendor told a San Antonio Federal Credit Union it didn't have the capabilities it wanted, the institution took a note from Facebook's strategy with Messenger and created a companion app.

Electronics giant Best Buy will accept Chase Pay mobile payments in its stores, a move that clarifies the Merchant Customer Exchange's new role as distributor for Chase's QR-code-based system.

New Orleans--When Dunkin Donuts launched its mobile app in August of 2012, it was already three years behind Starbucks, a pioneer in mobile payments. To make a meaningful impact, it had to do something different.

Payment processor and financial services technology provider Jack Henry & Associates has integrated its Banno Mobile application into its bank and credit union core platforms to streamline access to mobile banking, bill payment and person-to-person payments.

NEW ORLEANS -- What do millennials really want from their financial providers? Bankers with average customer ages in baby boomer territory puzzle over this question every day.

New Orleans--Financial institutions must often consider mobile features that don't integrate smoothly with their existing app, leading to the difficult decision of offering different branded apps for different use cases.

While the retail lobby won in the political arena and successfully decreased its costs through price-fixing, the biggest loser in this situation was the American consumer.

It is inevitable that the masses will adopt cryptocurrencies.

New credit card accounts at JPMorgan Chase have grown by double digits thanks partly to its embrace of borrowers with lower FICO scores, but it sought to reassure investors that credit quality has suffered only slightly.

Facebook is reaching out to payments industry giants such as PayPal, Braintree, Visa, Mastercard, Amex and Stripe to help Messenger bots accept payments directly, Messenger chief David Marcus told attendees at a technology industry event Monday afternoon.

France-based supermarket giant Carrefour and Gemalto leaned on Host Card Emulation (HCE) to create a new solution with the sought-after feature of combining mobile payments and the store’s loyalty program within a single app.

Fresh off testing new payments technology at the Rio Olympics, Visa is heading to the Toronto International Film Festival to demonstrate transaction innovations for augmented reality and connected cars.