Google revealed a dizzying number of projects at this year's Google I/O event, and it is courting developers to turn each of them into a thriving commerce platform. Whether or not Android Pay was mentioned by name, it was an undercurrent of nearly every offering.

Paul Fiore's path from online banking vendor Digital Insight to credit union mobile payment venture CU Wallet included a stop in the film business, where he saw firsthand the tricky task of bringing modern technology to a legacy industry where cooperation is in short supply.

Capital One in McLean, Va., has launched an accelerator program for U.K. fintech startups. The 10-week program, called Growth Labs, will operate from the company's Nottingham, England, headquarters in partnership with tech investor L Marks.

When Edison “Eddy" Ortiz isn’t winning patents for Royal Bank of Canada, he’s tinkering in his Orlando home.

Google is helping developers cut steps out of the path to accepting digital payments with several key moves unveiled around the Google I/O developers conference taking place this week.

Total System Services Inc. has announced an agreement with Featurespace to apply machine-learning technology to fight fraud.

Users of the Walmart MoneyCard, issued by Green Dot, took to social media Wednesday to complain about problems they've encountered checking balances and accessing funds. The problems come at inopportune time for Green Dot.

There is merit to the 'coopetition' strategy, such as faster time to market and reduced consumer confusion. But time and again, bitter rivals such as telcos and big-box retailers try to work together only to see their efforts fall apart or vastly reduce the scope of their goals.

Payments’ future in wearables is promising, but if one thing is clear already, it's that banks have no business designing fashion accessories.

Google’s upcoming personal assistant and cross-platform messaging apps make substantial use of payments, though the transactions exist entirely in the background to encourage a smooth user experience.

Banks are trying to upgrade tech offerings, from mobile banking to bill pay. But that's easier said than done, in part because the biggest core processors use their dominant market share to restrict access to banks' networks. They do this, in part, because they offer their own competing tech products.

Financial institutions claiming exposure to Target's 2013 data breach are one step closer to collecting a $39 million settlement.

Android Pay went live in the U.K. Wednesday, making the nation the first outside of the U.S. to support the service.

The international payments market has become an attractive target for startups looking to pry clients loose from banks by providing a way to reduce fees by routing around third parties.

Social Security Numbers may as well be the keys to the kingdom where cybercriminals are concerned, making any business that collects that data—including credit unions—a prime target for hackers.

Back in 2014, Dekkers Davidson, then CEO of the Merchant Customer Exchange, declared that the mobile wallet venture would draw inspiration from Uber and be just as disruptive to financial services as the popular ride-sharing app was to the taxi industry. But Uber's success stems largely from its decision to make payments invisible, whereas MCX was developing its CurrentC wallet to do just the opposite.

Farm Credit Employee FCU in St. Paul, Minn., has chosen Sharetec as its new core system, the company announced in a Tuesday press release.

Fifth Third Bancorp has hired Citigroup's Melissa Stevens to the newly created position of chief digital officer and head of omnichannel banking.

Every business runs the risk of fraud, but some are more likely to be targeted than others. The customers you court, the products you sell and even the amount of time you have been in business can make you more vulnerable to an attack or more appealing to a cyber criminal.

When Walmart switched on Walmart Pay this week at 600 stores in two states, it marked the beginning of a new era, when merchants finally take the reins in mobile payments — and, by extension, the future of digital commerce.