There may be bumps along the way, but PayPal, Mastercard and Visa all share the same goal, according to Mastercard CEO Ajay Banga.

Banks can borrow some of the best practices from mobile-first fintech firms in order to compete with startups for millennials.

The cybersecurity climate is already an all-hands-on-deck situation, so one more threat – even one prompted by one of America's loudest voices – may not matter.

"Nobody really paid attention" when the technology for algorithmic portfolio management and investment advice was developed five years ago, says Gauthier Vincent of Deloitte. But now that robo startups are all the rage, retail banks want in.

Seven months after disclosing a test enabling Venmo P-to-P users to buy goods and services in-app, the PayPal unit has rolled out the "Pay with Venmo" feature to all users and expanded the list of participating merchants.

Apple plans to enable Apple Pay on its Safari Web browser by this fall, enabling users to make purchases directly from websites, but its vision for taking Apple Pay to the Web does not seem to extend much further.

Offering 24/7 service via self-service technology is only the first step. The next step: allowing members to schedule when and how they want to do business with you.

International payment services provider Planet Payment and South Africa’s Absa Bank are expanding availability of Planet Payment’s Multi-Currency Pricing Solution through a new partnership with Xpressa, a Johannesburg-based company offering online and point of sale payment solutions.

Mastercard has announced a partnership with Singapore’s mass-transit agency, Land Transport Authority (LTA), for a contactless payment pilot, marking the first example in Asia of a transit system enabling open-loop payments, Mastercard said.

Despite the hurdles facing technology giants in offering payments services, they remain keenly interested in the sector and more traditional service providers should stay on alert.

Large incumbents can effectively pursue and cultivate disruptive innovation without buying a disruptor. Here's how.

In many emerging markets, daily financial transactions—buying groceries, paying a utility bill, cashing a paycheck or billing a customer—are notoriously difficult. Banking institutions are few and far between, and large swaths of the population have little or no access to them.

A year from now, Sionic Mobile will have distributed 100,000 free iBeacons to small businesses, a $1 million marketing play the company hopes secures its place among local stores as they start to adopt mobile technologies.

The decision throws out the anti-money laundering charges against Michell Espinoza, who was arrested after agreeing to sell $30,000 to an undercover detective who declared he would use it in an illegal credit card scheme.

Now that Verizon has nailed down a deal to buy Yahoo's search and advertising business, it's starting to look a lot more like Google — and it might even have the tools to take a second stab at the payments industry.

Visa plans to open a facility in Palo Alto, Calif., the latest in a series of technology-focused facilities designed to cement the card brand's role in the world of payments innovation.

Edgeley, N.D.-based Dakota Plains Credit Union announced it has adopted the XP2 integrated technology suite from Fiserv, Inc.

For retailers at least, the most important screens are now the small ones.

Now is the time to correct the mistakes of interchange price controls that harm consumers and community financial institutions to the benefit of merchants.

When Amazon launched Amazon Dash buttons, many observers predicted that the concept would completely upend the retail model. But recent market research shows that fewer than half of Amazon Dash purchasers have actually used the button.