Bank of America announced Thursday that it customers can now suspend their debit cards temporarily; it is the first of several new features the bank has planned for 2016 after it tripled its digital banking budget.

Visa Inc., the world's largest payments network, said fiscal first-quarter profit rose 24 percent as consumer card spending increased.

Outsourcing has allowed CUs to offer broader services and improve convenience, but it also adds a complex risk dimension for credit unions to manage.

By selling its community banking products to Fiserv, ACI has signaled it is no longer interested is no longer interested in that space. Fiserv, meanwhile, is beefing up its small-institution offerings.

Though most of the fanfare behind mobile wallets is around in-store contactless payments, consumers are cutting through the hype and devoting more of their attention to in-app payments.

Splitit has expanded its interest-free installment payments technology to health care providers, enabling their patients to receive instant approval to finance health care costs through their Visa or MasterCard credit cards on file.

Discover Financial Services reported a slowdown in growth in its credit card business but vowed to take steps to reverse the trend.

The rush to be a "one stop" for merchants by bundling mobile, Web and in-store payment technology is proving to be a heavy lift, in terms of cash, resources and IT skills.

PayPal Holdings Inc.’s fourth-quarter sales beat estimates, reassuring investors concerned about the company’s prospects as an independent company amid mounting competition from Apple Inc. and Square Inc.

Twitter's move to pluck American Express' top exec for digital partnerships as the social media network's first marketing chief was more than an executive reshuffle—it signals a new strategic direction for Twitter to double down on in-app e-commerce, some observers say.

Apple Inc. measured a strong pickup in mobile payments during the last six months of 2015, CEO Tim Cook said on Jan. 26 during a discussion about the company’s results from the final quarter of the year.

Wendy’s Co., the third-biggest U.S. burger chain, is investigating reports of unusual activity with payment cards used at some of its 5,700 domestic locations.

Capital One Financial's fourth-quarter profit fell short of projections as the McLean, Va., company boosted its reserves in anticipation of higher loan losses.

Fintech companies are threatening banks on many fronts, but it is in peer-to-peer payments that banks may be most at risk of being reduced to "dumb pipes."

Any way you slice it, 2015 was the year of fintech. From Bitcoin to marketplace lending and everything in between, fintech was a venture capital honey trap and a cocktail party buzzword.

Verifone, which is challenged to move beyond its reliance on selling traditional payments hardware, is producing an almost dizzying array of products in hopes of diversifying.

Fintech is a chic topic at Davos, but it's barely a blip on the radar of analysts who lock in on hard numbers during earnings calls. Yet with tech taking a bigger role in financial services, mobile banking or the blockchain might soon become as topical as efficiency ratios or net interest margins.

Samaha Associates, a consulting group for financial institutions, announced that Fort Bragg Federal Credit Union and SkyOne Federal Credit Union sought out its services to find a way to ensure that their respective electronic funds transfer (EFT) systems are optimized, efficient and meet regulatory standards.

Retailers often worry that their customers won't return after a breach, but as logical as this expectation is, it may be far from the truth.

Twitter Inc.named Leslie Berland chief marketing officer as it undergoes a major overhaul of its top ranks in an effort to reboot growth.