Faster payments may be in the offing, according to the Federal Reserve, but that term refers to the speed of clearing and settlement. It doesn’t mean new payments methods will necessarily go mass market any more quickly. Take mobile payments, a form of digital value transfer based on smart phones …

Now that the Federal Reserve-sponsored Faster Payments Task Force has issued its final report calling for speedier payments everywhere in the United States by 2020, the really hard work can now begin, say some observers. Payments cleared and settled in near real time has long been a goal of many …

The Federal Reserve on Friday is releasing a report that calls for all American consumers and businesses to have, by 2020, the ability to receive faster payments. The ambitious goal is included in the final report of the Faster Payments Task Force, a Fed-sponsored group of more than 300 industry …

PayPal Holdings Inc. made it clear on Thursday it isn’t done striking deals with banks and other payments companies. Only days after announcing a major partnership agreement with Samsung Pay, PayPal now says it will work more closely with JPMorgan Chase & Co. and the bank’s Chase Pay wallet. And …

In a deal that follows months of partnership agreements with other payments companies, PayPal Holdings Inc. on Monday said its PayPal service will become available as a payment method in Samsung Electronics Co. Ltd.’s Samsung Pay wallet. When it goes live, the link is expected to go a long way …

The overall value of the world’s most important digital currencies nose-dived over the weekend as developers and exchanges struggled with key questions related to transaction capacity, merchant acceptance, and other market dynamics. The 11 largest currencies by market capitalization lost 18% of their total value between midnight Friday and early …

As the nation’s automated clearing house network gears up to introduce same-day debits in September, observers are warning that faster processing is likely to open the door to more fraud unless businesses and financial institutions adopt new policies. Some caution the ACH network’s experience so far with same-day credits, which …

With the growth of payment-facilitator programs and integrated payments, merchant-service companies are expanding services to take advantage of the trends. The latest is Payroc LLC, which on Wednesday announced it has enhanced both its payments gateway and payment-facilitator program. Payfac programs, as they’re called, allow a merchant-service provider to aggregate …

With more than half a million electric cars on the road, businesses are looking at ways to boost the network of charging stations across the country and make it easier to pay for the increasing flow of electricity. Now a partnership announced Tuesday plans to put blockchain to work on …

When fraudsters launch a cyber attack, they may not be their target’s worst enemy. Equally troublesome could be the business’s own staff, according to results of a survey of 5,000 companies around the world released Monday by Kaspersky Lab, a Moscow-based global cybersecurity firm. It turns out employees not only …