Payments

Square Inc. reported fourth-quarter revenue that topped analysts’ estimates, suggesting the digital-payments business will continue to grow in the face of increasing competition from PayPal Holdings Inc. and Apple Inc.

The banks that launched the clearXchange P-to-P network two years ago sensed the urgency to get solid footing in the consumer payments market, but its mission rapidly expanded.

ExxonMobil, the world's largest oil company, now accepts Apple Pay at a majority of its U.S. gas stations.

The third party wallets, or the “pays” as they are called, are failing to make a splash. Mobile wallets which let you pay any merchant from your smartphone are simply not a reality today.

Banks are ditching the consumer-friendly product as regulations have reduced revenue streams from debit interchange and overdrafts.

Even though it has had a presence in the market since 2014, Square Inc. has made its launch in Australia official as it begins to offer payment processing and sales of its mobile point of sale hardware and software.

Financial technology and marketing provider Kasasa has launched a Credit Card As A Qualifier option for its community financial institution customers.

The promise of unlocking some of the "big data" within payments is coming nearer, with new technology expanding the way consumer purchase data is used to shape marketing campaigns.

Atlanta is flush with payment processors that handle more than 70% of the nation's transactions. These players now plan to expand their reach even further, hoping to make the southern city a fintech hub to rival Silicon Valley and New York.

Putting bank venture clearXchange's push for real-time person-to-person payments in motion, U.S. Bank says it is one of the first to make the service available to its customers.

Adam Draper of Boost VC talks about the rise of the blockchain, the challenges of the bitcoin world and the future of banking.

The payments industry changes fast, and a business model that was viable just two years ago may be obsolete today. Some companies are making major updates to their strategies to stay ahead of these developments.

In the payments industry, tokenization is often portrayed as a new or futuristic security method, better suited for the world of mobile wallets than the era of magstripe cards. But SeatGeak decided early on to make it a cornerstone of its mobile commerce experience.

Apple Pay’s struggles to build its user base are nothing compared with the labors of Sionic Mobile, which has been on a six-year odyssey of inventing and reinventing its mobile payments app.

A large investor in the prepaid card pioneer Green Dot plans to nominate three directors to the prepaid card company's board, as the activist investor group seeks to remove founder and Chief Executive Steve Streit.

Two parts of Powa Technologies, a once high-flying London technology company that filed for administration last month, have been sold in separate deals.

Facebook's big plan for payments is, true to its core mission, to build its network of friends as much as possible.

Allpoint Network added five of the largest U.S. credit unions in 2015, and now counts 24 of the 100 largest CUs as members of its automated teller machine network.

Of all the initials small to mid-sized merchants hear during the digital payments migration—"EMV," NFC," "mPOS"—an older abbreviation may finally pry open the door to widespread payments automation: CRM.

Google is launching its Hands Free Payments app in the South Bay region of the San Francisco area, making it available on a test run at some McDonald's, Papa John's and other local restaurants. The model somewhat resembles an approach attempted years ago by PayPal and Square.