An NFC-based mobile wallet and the bold creation of Canada’s largest wireless carriers, suretap looked promising at first. But in the end, it couldn't keep up with juggernauts like Apple Pay, Android Pay and Samsung Pay.

Using methods akin to fighting external hacking can also address risks of employees committing legal or ethical lapses.

If members here are not excited by loan payment options such as online bill pay or dropping a check in the mail, they can pay be text—and 80% of members who sign up for this virtual service actually use it.

Nintendo is known for taking an experimental approach to making video games, and this same mindset carries over to how it handles money. The company's hardware, software and business strategies show a forward-thinking strategy for payment acceptance.

U.S. Bancorp in Minneapolis reported higher quarterly profit boosted by increased fee revenue from credit and debit cards.

Wells Fargo & Co., the world's most valuable bank, posted second-quarter profit that matched analysts' estimates as the firm increased loans and collected more fees from credit cards.

The faster payments revolution has arrived for person-to-person payments, but it’s also disrupting business-to-business payments in a way that might render certain payment options obsolete.

Wearables have made a major breakthrough in the last two years. I believe that in several sectors including payments they are now mainstream technology rather than a minor tributary.

The Deep Target announced several new contracts with credit unions across the nation.

Under the hood, the new Masterpass ties directly to banks' own digital wallets with support for Near Field Communication-based mobile payments via Android devices and the ability to centralize features for supported cards, including balance display and purchase alerts, and support for paying with loyalty points.

USAA now offers voice-guided check deposit on its mobile app for visually impaired customers.

Companies have struggled for years to find a simple way to get consumers to set up a payment account without derailing the checkout process. One company is taking a step back and asking: Why delay a sale by demanding money?

USAA now offers voice-guided check deposit on its mobile app for visually impaired customers.

Lawmakers investigating a slate of cybersecurity breaches at the Federal Deposit Insurance Corp. have accused agency staff of purposefully muddying the waters in an effort to evade Congressional scrutiny.

Google will provide McDonald's customers in San Jose, Calif., this weekend with free burgers as a promotion for its Hands Free payment app at any of 47 participating restaurants.

Cyber risk analytics provider Bay Dynamics has completed a $23 million Series B financing round through Carrick Capital Partners.

Social media may be the soup de jour of bank marketing, but its value as a business acquisition tool may be greatly exaggerated unless banks fine-tune their strategies.

The hit smartphone game Pokemon Go is not a mobile wallet or a loyalty app, but it is arguably far more successful at driving traffic to retailers' stores than many of the apps designed for that purpose.

As financial institutions dive into the newest channels to reach consumers and accept payments in every moment of their lives, they enter riskier scenarios that create a greater need for multi-factor authentication.

Starbucks Corp. is taking its highly success mobile payment app into China, a country in which consumers have quickly adopted mobile payment methods.