Small to large retail vendors are constantly aspiring to improve customer experience, resulting in more friendly point of sale (POS) interactions.

Uber's ride sharing app is generally considered less of a threat to payment processors than to the Taxi and Limousine Commission, but the ease of Uber's payment process may prompt consumers to grow frustrated with any process that forces them through a traditional checkout page.

FIS in Jacksonville, Fla., has partnered with the Venture Center to create an incubation lab to boost innovation in financial technology.

Moven will soon prompt its customers for usernames and passwords only for riskier transactions. By removing the login for most functions, the company aims to drive engagement in an app meant to be used on the go.

Ramamurthi has transformed a 123-year-old institution with one branch serving a dusty Kansas town into a seedbed for disruptive financial technology — not to mention a wildly profitable generator of fee income.

Wells Fargo in San Francisco said that its chief information officer will retire at the end of March.

Wirecard has made its boon mobile wallet available in Spain and Ireland.

Uber has long taught that the best way to get consumers to pay with a mobile device is to make the payment almost invisible. Now, with the help of Facebook and Braintree, Uber is applying that philosophy to the rest of its business — and if Facebook has its way, other companies will again follow Uber's example.

E-commerce and mobile fraud detection and prevention provider Kount Inc. has received an $80 million growth equity investment from CVC Capital Partners.

Merchants using Mangopay to sell through online marketplaces will have an option to set up and accept recurring payments through GoCardless' direct debit network.

This year was huge for payments. We saw the mobile wallet wars ignite into an all-out game of “anything you can do I can do better, anything you can do I can do better than you.”

Banks give toasters to new customers, but what can tech companies give? The companies behind Android Pay and Samsung Pay hope to entice users with as much as $25 in gift cards (which, yes, can still be used to buy toasters).

Banks are positioned well to be the trusted digital intermediaries, especially in the business-to-business segment, but only if they stay ahead of the innovation curve.

House Republicans attacked the Consumer Financial Protection Bureau on Wednesday, arguing the agency is not able to safely secure the anonymous bulk data it collects on consumers' financial activities.

Under the direction of Richard Holbrook, Eastern Bank has prepared itself for the next 200 years by embracing a culture innovation, adding scale through acquisitions and advocating for the less fortunate in its community. It's an unusual formula, but it has worked and that's why he is one of American Banker's three Community Bankers of the Year for 2015.

Credit risk, interest rate risk and cybersecurity concerns pose growing risks to banks in the first half of 2016, according to a semiannual risk report issued Wednesday by the Office of the Comptroller of the Currency.

LINO LAKES, Minn. — Core processing provider Sharetec System, based here, said Stepping Stones Community Federal Credit Union in Wilmington, Del., has converted to the Sharetec Core system.

Crowdfunding platform provider Veterans Call has launched a payment application that allows users to donate to veteran charities from their mobile phones and pay through their phone bill.

Following its promise to make mobile point of sale products a key revenue-driver for the company, Verifone Payment Systems released a new mobile card reader for independent and micro merchants.

News that two suspected terrorists took out a loan with a prominent marketplace lender has fueled fears online lending could be more susceptible to terrorist financing.