Consumers enrolled in the CurrentC mobile wallet in Columbus, Ohio will be cut off after June 28 when the year-long pilot conducted by Merchant Customer Exchange (MCX) ends.

Fintech firms and banks should collaborate on using alternative data sources to qualify more borrowers for small-dollar loans.

Mobile wallet providers and retailers have been hunting for the magic formula to seamlessly blend loyalty and mobile payments, in the hopes that one would inevitably fuel the other. But it's a delicate recipe, and easy to get wrong.

A query from one of Malauzai's bank software clients, Redding Bank of Commerce in California, helped spark an idea to create a wallet app that's geared toward small businesses that have also not yet made the leap to mobile commerce.

Most mobile wallet providers and retailers have been hunting for the magic formula that would seamlessly blend loyalty and mobile payments, in the hopes that one would inevitably fuel the other. But it's a delicate recipe, and very easy to get wrong.

Federal regulators issued a statement Tuesday reminding banks how they can protect themselves from cyberattacks.

Federal regulators issued a statement Tuesday reminding credit unions and banks how they can protect themselves from cyberattacks.

Following Wells Fargo's salvo against screen scraping, one of the leading account aggregators says the larger issue is who has control over consumers' data: the customers themselves, or the banks?

Globe Telecom, the Philippines' largest wireless carrier, has formed a partnership for carrier billing with Fortumo, enabling its mobile phone customers to bill digital purchases to their monthly wireless statement.

Western Union has opened U.S.-to-Cuba digital money transfer through its mobile app and website.

The archaic practice of using customers' online banking credentials to copy and paste their account information into other programs has been under fire. With a new API, Wells Fargo hopes to bring this practice to an end.

U.S. card issuers lose $10.9 billion each year to card fraud, according to research released Tuesday by LexisNexis Risk Solutions.

More banks are showing interest in developing their own branded mobile wallets, and Visa has launched a platform to make that possible.

The same multichannel shopping and payment experiences that are designed to reduce cart abandonment may also pose hard-to-spot vulnerabilities that can threaten information security.

Taking a page from the age-old adage of "if you can't beat 'em, join 'em," credit unions are ramping up efforts to partner with fintech companies.

Her prepaid card may have been short-lived, but superstar Kim Kardashian West still has opinions about payments.

Oberthur Technologies has teamed with Chinese smartwatch maker Mobvoi and China UnionPay (CUP), to add contactless payments technology to Mobvoi’s popular Ticwatch.

In late April, blockchain evangelist Blythe Masters told a crowd in the London Docklands that banks could solve many of their problems if they embraced the transaction-processing technology.

Embracing technology that gives innovators access to their platforms will provide banks with the upgrade they sorely need.

The Society for Worldwide Interbank Financial Telecommunication, or Swift, has the ability to oversee security on its network and demand far more of its members to coordinate those efforts. But its current structure may not be the best suited to do that.