Digital money transfer provider Xoom has introduced an instant mobile reload service that allows consumers to send airtime credit online from the U.S. to prepaid mobile phones abroad.

MasterCard's decision to do a 500-person trial of facial recognition for payment authentication next month may seem like a bold move in security, but it's really taking aim at friction and CUs are watching the experiment.

American Express Co. unveiled an online checkout system today that lets customers use their account passwords to order clothes, flowers and concert tickets from a roster of retailers.

With the U.S. EMV migration deadline looming and merchants urged to add encryption and tokenization as well, Transaction Network Services sees an opportunity in helping clients manage all of this technology.

MasterCard's decision to do a 500-person trial of facial recognition for payment authentication next month may seem like a bold move in security, but it's really taking aim at friction.

QR codes, a relatively old technology, are back in the spotlight thanks to a consortium of retailers led by Walmart and Target that plan to use the codes in their CurrentC payment technology.

Business went on as usual at commercial banks as the New York Stock Exchange and other large businesses suffered outages. But the confluence of events served as an unnerving reminder of the cyber risks facing the industry.

As technological problems forced the New York Stock Exchange to grind to a halt Wednesday, financial services insiders and observers weighed in on the vulnerabilities of increasingly electronic financial systems.

ACI Worldwide has added three board members with pervasive experience in financial services, following the retirement of other board members.

Vantiv has bulked up its merchant services capabilities through a series of acquisitions, a strategy that's making it more attractive to financial institutions.

Chase Card Services has rebranded and redesigned its small business management mobile app, previously called Jot, to Ink from Chase.

Mobile banking technology provider Monitise Plc has informed its shareholders that Visa Europe will reduce its investment in the company, but will complete a three-year commercial agreement to develop services and finish products.

Many e-commerce companies are pressured to enable sales in multiple nations without the benefit of a local presence.

Apple's customers not only love buying Apple devices, they also love using Apple devices to spend more money at online and mobile commerce sites.

With the looming liability shift in the United States, EMV is on every payment card issuer’s mind, though with the challenge comes opportunities, such as bolstering customer relationships.

Lloyds Bank is exploring a way to use Near Field Communication to authenticate shoppers, but in a twist, it is using the mobile phones to receive – rather than send – the NFC signal.

Banks are particularly interested in fingerprint biometrics right now, likely due to the popularity of Apple’s Touch ID, which is used in Apple Pay.

Stephen Bohanon of Alkami, a vendor of online and mobile banking software, explains why tech companies serving financial institutions need to hire both industry veterans ("Jedis") and innovative outsiders ("Padawans").

ST. JOSEPH, Mich. — An eStatement solution here not only saves United Federal Credit Union $180,000 annually, but earned the CU the inaugural Q2 Innovation Award.

New merchant technology is rapidly hitting the Australian payments market, putting acquirers on the spot to address the changes or risk losing relationships.