MasterCard has emphasized prepaid cards to replace cash as a first step to extend financial services to the underbanked, and is adding mobile technology to add more services to its financial inclusion initiative.

American Express Global Payments is adding cloud-based software from Intacct, a move that can make it easier to automate corporate payments, which still include paper-based processes.

Mocapay and Merchant Link are partnering to offer a bundle of mobile payments services that includes data-driven security and loyalty programs, both areas that have held back merchant uptake in the past.

Mobile point of sale technology is gaining traction, though providers say the middle market requires a stronger sell.

Safeway FCU and Spokane City CU have selected D+H Corp. in Lake Mary, Fla., as their provider of outsourced, online banking services.

Alibaba Group Holding Ltd. is open to working with EBay Inc.’s PayPal to expand payment options after shoppers bought a record amount of merchandise during the Chinese company’s annual Singles’ Day promotion.

Security passwords that have become common for e-commerce transactions and financial accounts translate poorly to mobile devices, fueling consumers' bad habits regarding weak or reused passwords.

New York’s top banking regulator Benjamin Lawsky, who used his leverage to stiffen penalties against some of the world’s largest financial institutions and also instituted policies friendly to payments startups, will probably step down next year to take a job in the private sector, said a person familiar with the matter.

This is an exciting time to be in the payments industry. The U.S. deadline for the EMV chip-and-PIN migration is officially less than one year away, and Apple Pay recently became available to iPhone 6 and iPhone 6 Plus users.

Nacha CEO Janet Estep discusses how her organization polices bad actors on the automated clearing house network, why it doesn't single out specific merchant categories as risky, and how nudging the industry toward "push" payments will help.

Regulators are expecting financial institutions to provide detailed modeling of deposits and ever-greater documentation in the next round of stress tests, bankers and consultants say.

Apple Pay and the card networks' support is boosting tokenization as a security option for mobile payments, though fraud trends suggest an even more layered approach will be necessary.

Acquirers are encouraging vending-machine operators to add card and mobile electronic-payment acceptance, which could represent a whole new category of transactions.

Brick-and-mortar retailers are chasing a missing link for sales and marketing—the deep customer data that e-commerce merchants easily obtain through online orders and shipping information.

The launch of Apple Pay last month was undoubtedly a defining moment in the evolution of mobile payments.

The vast majority of credit unions in the U.S. don't have adequate insurance coverage in the event of another online data breach.

JPMorgan Chase and Co. will update its QuickPay person-to-person mobile payments app because the consumer experience could be better, according to Chase CEO of consumer and community banking Gordon Smith.

A proposal to improve the way online banking information is shared with data aggregators has sparked a debate over a decades-old practice.

Remittance incumbents and digital startups are aggressively dismissing each other in public statements, though both sides have distinct advantages in the battle to control the expanding remittance payments market.

Payments are proving to be an enticing use case for wearable computing, drawing the attention of companies as varied as amusement parks, banks and phone manufacturers.