Square Inc., the mobile-payments company founded and led by Jack Dorsey, the interim chief executive officer of Twitter Inc., filed confidentially for an initial public offering, people with knowledge of the matter said.

Protecting payment card data is a never-ending struggle, and the fraudsters are only getting more creative. So far this year several incidents and studies have demonstrated the evolving nature of cybercrime.

The Iowa Credit Union League has launched a new website that features "new and improved functionality" and resources for the trade association's member credit unions.

Discover Financial Services is ready to take a few steps — measured, tentative, exhaustively analyzed steps — down the credit spectrum, its chief executive said.

After almost three years in development, the retail industry's answer to Apple Pay is finally getting off the ground.

PayPal's gotten off to a rousing start as an independent company, but Visa CEO Charlie Scharf doesn't appear to be worried.

Financial institutions worldwide are exploring the possibilities for faster, cheaper, more transparent processing of global payments in near real time offered by distributed software solutions, including blockchains and distributed ledgers. Because this is a new field of study, these technologies are often misunderstood or mischaracterized.

Loyalty programs are typically viewed as a consumer-facing marketing play, but the shift to mobile commerce is bringing these programs deeper into the supply chain.

Wells Fargo tapped the head of its wholesale services unit to lead a new research and development division.

Student Financial Aid Services Inc. is accused in a complaint filed Thursday by the Consumer Financial Protection Bureau of charging families for help in filling out the Free Application for Federal Student Aid.

Starbucks now handles nearly nine million mobile transactions each week in its U.S. stores, representing 20% of sales and more than double the figure it reported two years ago.

No sooner does a CU have one social media site figured out than four new ones pop up. Experts predict which sites are waning and provide practical tips for leveraging these new tools.

When a country migrates to EMV chip cards to improve its security, the fraudsters will move to another channel, but not necessarily another nation.

Capital One Financial Corp. hired former PayPal executive Don Kingsborough to help run a division that makes strategic investments in technology startups.

Europe's clash over interchange rates is being spun into marketing gold by alternative payment companies like Seamless.

Even if shoppers of Amazon.com's Prime Day event — advertised as better than Black Friday — found more to mock than to buy, the promotion last week marked the acceleration of an "on-demand economy" that other retailers can no longer ignore.

New York State's interim bank superintendent is asking pointed questions of a new instant messaging service. The outcome of the inquiry could broadly affect the way vendors work with regulators.

Discover Financial Services in Riverwoods, Ill., continued its run of quarterly profit declines in the second quarter, due primarily to higher costs for compliance, marketing and customer rewards.

Amex will terminate its agreement with Costco in the U.S. next year, a relationship that accounted for 20 percent of Amex's worldwide loans and 8 percent of customer spending.

Apple executives didn’t flaunt Apple Pay transaction numbers or Apple Watch sales figures during a July 21 third-quarter earnings call, but they did provide some measure of merchant acceptance of the growing mobile payment system.