Payments

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.

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.