Retailers

Visa’s little-noticed purchase last year of a Silicon Valley-based rewards platform is playing a central role in a new loyalty program targeting Uber riders, starting in California’s largest cities.

Payworks, a payments technology services company, has launched a cloud-based payment infrastructure for processing in-person payments.

Credit card rewards programs were born in the heyday of plastic and paper. As payments go digital, banks will have to make sure their loyalty programs keep pace.

Financial institutions offering checkless checking is trending, and checkless checking accounts—as part of the FDIC’s 2011 Model Safe Accounts Pilot—appeared to perform well among the underserved consumer participants.

A few years after a deal with Starbucks didn't boost processing volume, Square's returning to partnerships to jog its volume.

Square Inc. unveiled deals with software startups Vend and TouchBistro, the latest partnerships that will offer its products to larger businesses that aren’t already customers of its electronic-payments system.

Banks are playing a more active role in the next phase of fintech, both as investors and partners, says David Sica, partner at venture capital firm Nyca. That change is shaping how the firm looks at new investments.

Successful platform businesses in the 'Uber/Airbnb' age aren't just about matchmaking. There are also value added services that enrich the experience, and keep customers coming back.

It would have to take something big for consumers to flock to a mobile wallet en masse. Whether it meant to or not, California-based RadPad found out what consumers wanted, but it wasn't prepared for the aftermath.

American banks are emerging from one of the most challenging decades for any industry in history, and one area that is showing a potential way forward is payments.