Payments

Netherlands-based ING is the latest bank to extend person-to-person (P-to-P) payments services to bank customers using popular social media platforms.

The newest iPhones are drawing a lot of attention for omitting the headphone jack, causing worry among the small merchants that rely on headphone-connected card readers to handle payments.

The revelation Thursday that Wells Fargo employees were opening accounts for customers without their consent is sparking doubt about the accuracy of the reported growth in the credit card business. The scandal also casts in a harsh new light on Wells’ strategy of building a large credit card operation through its branch network.

Facing a growing threat from TransferWise and other specialists working to streamline cross-border payments, Barclays and Commonwealth Bank of Australia (CBA) are trying a new system enabling customers to zap funds between the two banks in real time.

While much of fintech over the last few years has been about improving the front end of banking, the focus is now shifting to streamlining the back office.

Alliance Data Systems in Plano, Texas, has reached an agreement to provide credit card programs for Williams-Sonoma, the high-end kitchenware retailer.

Simply offering the best reward or rebate isn't always the best way to sell in a multichannel world, and Wallaby is tweaking its recommendation technology to match the most advantageous card to a particular moment and location in time.

Apple Pay got only a brief mention during the tech giant's introduction of the iPhone 7 on Sept. 7, but the changes have global implications.

Sweden’s iZettle is following a now-familiar playbook to fuel its expansion in Europe with its acquisition of intelligentpos, a company specializing in business-management tools popular with restaurants and other small to midsize businesses.

Android Pay has added scale, winning support from banks including Chase, Santander and TSB, and broadening its Web payment capabilities.

USAA has updated its digital platforms to give customers more control over unexpected declines on large transactions and access to service representatives on its website.

Square Inc. has long hinted it plans to expand to Europe and new clues suggest its base camp will be in the U.K. for an ambitious push into several countries. But its rivals got there first, and have had years to build their defenses.

Mastercard and Visa have now each entered a détente with PayPal, agreeing that a highly competitive stance is not of much use if it makes it too hard for consumers to pay for things.

Ideal Payments, a provider of payment solutions based in Baghdad, has launched a mobile payments app in Iraq.

Mobile technology is radically changing the way people hail taxis, book lodging, consume entertainment and find prospective dates, but the same magic isn’t happening with how people spend money.

History is filled with the stories of failed mobile wallets. The few that survive today have found a way to set themselves apart.

E-commerce payment gateway Instamojo is adding digital wallet payment acceptance to its platform, further pushing initiatives to have consumers in India using less cash.

As merchants and app developers seek to emulate disruptors like Uber or Airbnb by embedding payments in the user experience, the pressure will mount to be one of the few apps that consumers regularly use.

New, stricter regulations on loans to active-duty service members take effect on Oct. 3. Here’s a guide for getting ready.

Chinese handset maker Xiaomi has entered China’s booming mobile payments market with Mi Pay, a contactless payments service running on China UnionPay’s network with support from 20 local banks and six mass-transit systems in the country.