For many banks, the increasing popularity of mobile payment platforms such as Venmo and Apple Pay, among millennials in particular, should be cause for concern.

GORUCK sells what's called "rucking," something so unusual that one of the first things on its website is a link called "what is rucking?"

Banks are slowly warming up to the idea of open APIs, essentially tools that allow banks to easily connect with others, but BBVA's Shamir Karkal says that they will likely also push banks to modernize their core systems.

A former Federal Deposit Insurance Corp. employee took off with data on some 44,000 customers of closed banks when she left the agency in late February, according to an agency memo uncovered by The Washington Post.

AOC Solutions in Chantilly, Va., has launched Transact Global, a processing platform exclusively for digital payments among businesses that still rely on manual processing.

Allied Wallet, a London-based online payments processor, completed a payments gateway integration with Marco Fine Arts Inc., enabling the printing specialist’s customers to accept payments in 196 countries, the companies said April 11.

It's easy to get lost in the technological complexity of "application programming interfaces," but banks need to stay focused on improving business and customer outcomes, which is the ultimate goal.

Could blockchain be the backbone of a universal digital identity system?

Ingenico Group has acquired a startup company that will help the French terminal manufacturer advance "screen commerce" by connecting devices to display screens for payment, marketing or loyalty programs.

"Omnichannel" isn't just a buzzword to describe marketing and payments in different formats—it also applies to corporate dealmaking as merchant acquirers catch M&A fever.

Blockchain technology could power the digital identity of the future, with banks serving as designated authenticators on behalf of their customers.

Blockchain technology could power the digital identity of the future, with financial institutions serving as designated authenticators on behalf of consumers.

Nowait is adding payments to an app that manages customer wait lists at restaurants that don’t take reservations.

Federal rules for technology-based firms providing the fast-moving sector certainty and consistency would be a benefit, even if rules are suboptimal.

Many consumers still prefer to use cash when they owe someone else money. And plenty owe the Internal Revenue Service money at this time of year.

A taxpayer's annual refund is a big prize that fraudsters are eager to steal. Many new risks are being introduced by new technology, but there are cross-industry efforts to combat these new schemes and make sure each refund gets to the proper household.

Cutting out every step except one—opening the app—Domino's Pizza has introduced what may be the most streamlined approach yet to ordering and paying for delivery with its Zero-Click Ordering app, which launched this week for iOS and Android.

Mobile payment users are set to soar in the coming years and this is the chief reason competitive businesses need to get on board.

When JPMorgan Chase recently launched a new website, Gavin Michael, head of digital for consumer and community banking, credited much of the success and speed (it took 18 months) of the project to the bank's recent migration to agile development.

Time has run out for “knuckle-busters,” the clunky contraptions merchants needed for decades to accept card transactions, but their legacy—the raised characters embossed on payment cards—is proving difficult to stamp out.