Having been for years at the center of speculation on the matter, Apple Inc. may finally be readying a foray into mobile payments, according to news reports over the weekend. Citing knowledgeable sources, The Wall Street Journal Friday night said online-services chief Eddy Cue is heading up the effort at …

Steve Mott Financial institutions and retailers are natural allies—not enemies—and nowhere can this alliance yield more profitable results than in mobile payments. Here are five problems the two sides must solve to make the most of this great mobile alliance—along with five proposed solutions.(Editor’s note: This article is the second …

Jim Daly Five years after its momentous leveraged buyout, has First Data transformed itself into a toned-up competitor while confined to what some might say is debtor’s prison? On Sept. 24, 2007, Wall Street’s legendary Kohlberg Kravis Roberts & Co. took leading payment processor First Data Corp. private in a …

With rumors swirling that it is close to launching a mobile-acceptance device for small merchants, PayPal Inc. on Tuesday unveiled a digital wallet that offers a raft of new features at a time when major rivals like Google Inc. and Visa Inc. are introducing new wallets. PayPal’s product, which it …

While acknowledging that federal pricing regulations are crimping growth in its debit card business, Visa Inc. late on Wednesday presented an upbeat report to investors that stressed new ventures like its recently introduced digital wallet, V.me. Separately, the world’s largest card network also unveiled new tools to help client banks …

Endpoint What gives? The global payment card networks are attempting to gain closed-model benefits while remaining open. Vertical integration and emerging players are redrawing the traditional boundaries between networks and other payments players. It can be confusing, but it will ultimately add value to the business, says Eric Grover. Eric …

The carrier-led mobile-payments consortium, news of which became publicly available on Monday, may break new ground in bringing payments based on near-field communication (NFC) to market. But it could confront major issues in attracting merchants, especially the big chain retailers looking to chop transaction costs, says one expert observer who …

Empower Your Business with Seamless Transactions In today’s digital ecosystem, software companies have a wide range of options to create unique payment experience for consumers. Recently, payment facilitation has been an increasingly popular choice for business owners when it comes to accepting payments. Instead of each business needing to establish …

Processor Shift4 Payments Inc. said it will integrate payment-issuance technology from payments provider ConnexPay for online travel agencies operating in the United Kingdom and Europe. The Dow Jones Industrial Average gained 1,100 points in early trading Wednesday as at least five payments companies—including Visa Inc. and American Express Co.—reached all-time highs. The skyrocketing market …

Talk of embedded finance, the marrying of financial services with unrelated applications for businesses, threaded through the Money 20/20 conference this week in Las Vegas, as fintechs and financial institutions devise initiatives that extend beyond simple credit and debit card acceptance. Among the latest of these is Shopify Finance, a …