Munich-based payment company Wirecard AG will support the implementation and financial processes behind the launch of Orange Cash in Spain.

Wells Fargo and other banks are testing the use of mobile devices to authenticate consumers in the drive-through lane. The pilot, designed to expedite service and improve security, serves as the latest example of a growing trend: preordering banking services via digital devices.

Swatch Group AG will introduce a model that can make mobile payments around July or August, which will give Apple Inc.'s smartwatch more low-price competition.

NCR Corp. has updated its transaction processing solution, Authentic, with features such as a browser-based point of sale and card management interface.

Few businesses accept cards for B2B transactions, dreading an interchange charge of 2% to 5% on sales that total thousands of dollars. But there are instances where the benefits of using cards outweigh the cost.

Charlotte, N.C. — Virtual StrongBox, Inc., said it has received a patent for its secure storage system and file encryption method for safeguarding data at rest — in response to the "growing epidemic" of data breaches.

Internal Revenue Service examiners are conducting bank-like exams of virtual currency firms for possible anti-money laundering violations, Financial Crime Enforcement Network Director Jennifer Shasky Calvery said May 6.

While PayPal deals with Consumer Financial Protection Bureau probes related to its consumer credit products, one of the company's founders is forging ahead with a company he created to develop its own consumer credit service for e-commerce.

The Fintech Sandbox — an accelerator of sorts for startups — has attracted ten data providers and eight fintech startups in two months. But it's still missing what it needs most: bank members.

Corporate payment company WEX has launched a fleet fuel card tailoredto smaller businesses.

Instant card issuance builds immediate value in the eyes of the consumer, and also helps them feel like a valued customer, potentially increasing their card usage rate and extending the longevity of the business relationship.

In theory, all parties benefit when consumers have their choice of payment options, but the deluge of new technologies has led issuers to respond in ways that could create lasting frustration for consumers and merchants.

Kwik Chek Food Stores' new technology for updating gas prices at the pump also pushes those price changes to motorists using its mobile payment app, a feature that gets customers engaged with the retailer long before they pull up to the pump.

Digital currency firm Ripple Labs just made history—but not the kind it's been hoping for.

The Weve joint venture is breaking up, with Telefonica O2 buying out the U.K. telcos that joined it four years ago in planning a country-wide mobile payment system.

Home Depot Inc. plans to enable Apple Inc.'s mobile-payment platform at its more than 2,000 stores, making it the largest retailer to accept Apple Pay.

After the early exuberance surrounding Apple Watch, banks and vendors are ramping up testing of bank apps on other wearable devices and everyday objects, preparing for a day in which most everything is connected to the Internet.

Visa Europe plans to increase V.me digital wallet use this year by getting more U.K. issuers and retailers involved in the online payment service.

Visa is providing merchants with an online information and resource center to prepare for their transition to using chip-enabled credit and debit cards.

Because biometrics can't be reduced to a single hash (a number generated from a string of text), providers that store biometric information must rely on the security of their encryption keys for safekeeping of data that can't be revoked.