FIS is taking a major step toward completing its ongoing project of making it possible for people to pay for fuel without getting out of the car.

Within four hours of being launched, the innovative 3-D website—believed to be a first in financial services and inspired by interns—had more than 178 member-avatars 'walk through' to check it out.

October saw the three main card networks invest in bitcoin-related companies, which comes on the heels of major financial institutions exploring the use of bitcoin and blockchain technology to solve some industry pain points, though credit unions remain wary of the cryptocurrency.

With the highly anticipated EMV liability shift now in effect in the U.S., merchants have been adopting point-of-sale terminals that can accept chip-based cards.

If Visa and MasterCard seem to be shining an extremely bright spotlight on their tokenization efforts, it's because they view it as vital to their survival.

Starbucks Corp. now gets 21% of its U.S. sales in company-owned stores through its mobile app, and its new order-and-pay system looks to be just as popular.

October saw the three main card networks invest in bitcoin-related companies, which comes on the heels of major banks exploring the use of bitcoin and blockchain technology to solve some industry pain points.

MasterCard is talking to Merchant Customer Exchange executives about what role the card brand could play in the retailers' CurrentC mobile wallet, but the card brand insists it is just an interested observer in the merchant mobile wallet venture.

PayPal has long desired to be a force in brick-and-mortar payments, a strategy that's more vital than ever as the newly independent company pursues a course that distances it from its former owner, eBay.

All participants in financial services will have to start behaving, thinking, organizing themselves as technology companies and focus on three things: technology, data and customer (or, better yet, user) experience.

Apple Pay was supposed to be the catalyst that finally convinced banks, merchants and consumers to leave their wallets at home and start paying with their phones. But a year later, it seems mobile wallets still need One More Thing to get off the ground.

With more smartphones coming equipped with technology that can read each user's fingerprint, it might be time to expand this idea and check the fingerprints of the device itself — particularly as mobile and e-commerce see more fraud as a consequence of EMV tightening up security at the point of sale.

Nearly every social media site is experimenting with 'buy buttons' today, but consumers' actual buying habits sometimes challenge the expectations of merchants and platform providers.

PayPal Holdings Inc.'s third-quarter sales missed estimates in its first report since the company's July separation from eBay Inc., revealing a rocky start to its first few months as a stand-alone company.

Eastern Bank's 18-month-old innovation unit, run by startup veterans, is preparing to release its first product as the industry continues to allocate resources to internal tech labs while wondering when and how such efforts will pay off.

Making its first entry into the financial exchange space, Dwolla will provide real-time payments clearing and settlement capabilities for the CME Group futures and options marketplace.

The banking industry largely praised the passage of a major Senate cybersecurity bill Tuesday night, but concerns are mounting about the inclusion of eleventh-hour language that could prompt new rules for financial institutions.

American Express Co., bracing for a decline in profit after the loss of a key retail partner, made a series of organizational changes including combining U.S. and international units and said that consumer product head Josh Silverman is leaving the firm.

The founder of an IPO services company that was sold this month to Nasdaq has lined up several investors for his new company, which will invest in bitcoin and blockchain developers.

The Senate approved a key cybersecurity bill Tuesday after several days of debate on the chamber floor — and several years of lobbying by business groups, including bankers.