Banks and payment companies have been bearish on Bitcoin, but the virtual currency's underlying technology is growing in popularity and attracting investment.

Apple's latest iPhone could change the way people pay with a smartphone. Its updates improve Apple Pay and bring new tools to developers and merchants.

Barclays has introduced a cloud-based contingency payment service for corporate clients.

Android Pay is in the market, and it joins a mix of mobile pay ventures such as Apple Pay and the pending Samsung Pay that will drive a revolution in how people engage retail and execute transactions.

The New York taxi system has formally launched a mobile app that allows riders to hail and pay for rides.

Supporters of big data tend to be at loggerheads with people who are concerned about fair lending issues. In order to have a productive conversation, both sides need to distinguish between the goals of the lender and the goals of the general public.

Most users don't understand how either tokenization or blockchain works to protect their payments, but a combination of regulatory concerns and a recent Bitcoin-related scandal in the credit union industry is keeping tokenization on top, at least for now.

Orchard Platform, which provides services to institutional investors in the marketplace lending industry, has raised $30 million in additional funding.

With the EMV liability shift less than a month away, U.S. merchants have far more on their plates than merchants in other countries had when only weeks from migrating to chip-based payment cards.

Iron Mountain, the leading provider of document storage, is buying its main rival. If the merged company tried to raise prices, it might be the final straw that motivates banks to shift data storage to the cloud.

Kash Corp. is prepared to move into the money transfer world, launching an application programming interface (API) that will allow companies of all sizes to accept direct debit payments without credit card fees.

Private label and co-brand card provider Alliance Data Systems Corp. has released an EMV co-brand card that features tap-and-pay functionality.

The American Bankers Association has planned a financial literacy campaign to help seniors and their caregivers guard against financial fraud.

Elizabeth Buse plans to step down as Monitise's CEO less than two years after assuming the top role at the slumping mobile technology company.

LINO LAKES, Minn. — Core processing provider Sharetec System said it has teamed up with ProPay to provide credit unions a payment solution for their members.

Concerned about security, the Australian Parliament is recommending that all contactless transactions, which it defines as including Near Field Communication (NFC), default to opt out, meaning shoppers would have to proactively opt-in to use the technology.

With the mobile payments landscape rapidly evolving, banks face a vexing challenge: what should their go-forward strategy be?

MasterCard Europe is making a major push to increase mobile payments acceptance points and encourage higher value transactions, considered a “tipping point” in the market’s maturation.

Trunomi, a startup that aims to simplify account sign-ups and know-your-customer compliance for banks, has raised $3 million.

Visual hacking has emerged as a dangerously straightforward way to pierce banks' complex security systems. Here's how banks can ward off malevolent shoulder-surfers.