As Facebook and Google increasingly become de facto managers of consumers' online identities, some wonder if another, more trusted party, such as banks or the government, should step up and take on this role.

Tom Swidarski, former Diebold CEO, has made a sizable investment in the bank technology equipment and services provider Bancsource, the company announced April 28.

As Coinbase makes its services available in the U.K., Ripple Labs is making inroads with Western Union.

As the mobile payment space becomes more crowded, some CUs are looking toward the next tech frontier — adding loyalty programs to mobile payments.

MasterCard Inc. posted first-quarter profit that beat analysts' estimates as consumer-card spending accelerated outside the U.S.

A former JPMorgan Chase employee was arrested by the FBI on charges of stealing customer data and trying to sell it to an undercover informant for tens of thousands of dollars.

On Amazon.com, shoppers can spend hours browsing and buying products, watching movies and listening to music; on the Apple Watch, however, Amazon is challenged to complete all interactions in a matter of seconds.

MCX CEO Dekkers Davidson has left the merchant-led mobile payments initiative, and will be replaced on an interim basis by Brian Mooney, a former Bank of America and First Data payments executive.

A former JPMorgan Chase employee was arrested by the FBI on charges of stealing customer data and trying to sell it to an undercover informant for tens of thousands of dollars.

AUSTIN, Texas — Jwaala, a provider of mobile and online banking solutions to U.S. financial institutions, Tuesday said it has signed its 100th client in the credit union space — Palisades Federal Credit Union, Pearl River, N.Y.

Best Buy's move to accept Apple Pay in its stores is the clearest public sign yet that the Merchant Customer Exchange has radically altered its vision of and ambitions regarding a retailer mobile wallet.

PayPal is extending its "One Touch" payment technology, obtained through its 2013 purchase of Braintree, to the Web, giving the eBay unit a significant new offering as it prepares to split off on its own.

Many credit unions will need to invest in making their websites render nicely on smartphones after Google started to favor "mobile-friendly" pages in determining what content comes up first on its search pages.

Bank branches are continuing to lose their luster as consumers rely on online and mobile channels, according to a new report.

Tom Swidarski, former Diebold CEO, has made a sizable investment in the bank technology equipment and services provider Bancsource, the company announced Tuesday.

MasterCard Inc. agreed to buy Applied Predictive Technologies Inc. for $600 million as it seeks to expand technology offerings for merchants.

Companies like Square, Roam and Leaf revolutionized small business by turning mobile devices into wireless cash registers, and Visa predicts the same concept can accelerate financial inclusion.

Mobile apps have become an ingrained part of air travel, providing everything from boarding passes to entertainment, and are increasingly handling payments as well.

For all their talk, banks are still sorely lacking when it comes to creating a great user experience in their digital channels, as this unhappy customer can attest.

Apple has had a rough time signing major merchants to accept Apple Pay in stores, but it has finally won the support of Best Buy, a nationwide retailer that swore off Near Field Communication-based payments years ago.