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It’s an interesting time for the humble payment card. Card payments have steadily risen in the last two decades, but innovation for the card has slowed since the launch of contactless more [...]

Storr, a San Francisco-based online retail marketplace, has raised another $3 million in funding led by Spark Capital officially launched its peer-to-peer platform, which allows anyone with a [...]

OpenFin Inc. has raised $17 million in Series C funding from major financial institutions, led by Wells Fargo & Co., to expand the use of its operating system software for banks. According to [...]

Co-op Financial Services has developed new solution lines that align payments and financial technology solutions along five categories of products and services for credit unions. Co-op solution [...]

U.S. Bank and Chrome River recently unveiled a mobile payment and expense management tool, called the U.S. Bank Expense Wizard, which uses chatbots and artificial intelligence to help infrequent [...]

Cash as a payment method isn’t disappearing anytime soon. But consumers are carrying less of it. In 2018, the average American had $42 in their wallet — $8 less than they did in 2017. And [...]

Mastercard has entered an agreement with BMO Bank of Montreal to implement Mastercard Send, which will allow faster cross-border payments for its Canadian-based business and commercial banking [...]

Visa Inc. entered an agreement with Fidelity National Information Services Inc. to allow the company’s commercial financial institution clients to access Visa’s B2B Connect platform, [...]

As U.S. restaurant operators look to comply with EMV standards, there is a shift towards the European model of bringing the payment device to the table in the form of a tableside POS or card [...]

Wells Fargo & Co. has announced the launch of contactless consumer credit and debit cards that will allow customers to tap-to-pay at millions of retail stores, public transit hubs and other [...]