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Ripple Labs Fined for AML Violations, Agrees to Change Protocol
Digital currency firm Ripple Labs just made history—but not the kind it's been hoping for.  more »
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Visa is providing merchants with an online information and resource center to prepare for their transition to using chip-enabled credit and debit cards. more »
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China may be removing UnionPay's regulatory monopoly over card payments clearing, but loosening its grip on the market is another matter. more »
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American Express Co. was ordered to drop many rules that prohibit merchants from asking customers to use less-expensive credit cards. more »
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If banks and retailers want a piece of the mobile wallet pie that Apple Pay is steadily gobbling up, Nacha says it has a formula to achieve that. more »
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MasterCard CEO Ajay Banga
MasterCard Inc. is "keen" on taking advantage of opportunities in China and could establish domestic operations in that country by the end of 2016, Chief Executive Officer Ajay Banga said. more »
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As Coinbase makes its services available in the U.K., Ripple Labs is making inroads with Western Union. more »
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MasterCard Inc. posted first-quarter profit that beat analysts' estimates as consumer-card spending accelerated outside the U.S. more »
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PayPal is investing heavily in technology to make sure it is properly equipped for the challenge ahead of it when its split from eBay is finalized. more »
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Rules published by China's State Council, which take effect June 1, clear the way for Visa and MasterCard to gain a foothold in an industry that the Central Bank said handles 449.9 trillion yuan ($73 trillion) a year. more »
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Google Wallet is making a significant change in how it handles funds, in the latest of a series of moves that gives Google a stronger footing against Apple Pay's rising tide. more »
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China's renminbi is quickly climbing the ladder of global acceptance, but many multi-national corporations are not prepared to accept cross-border payments using that currency. more »
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American Express' financial performance is already suffering from the pending loss of its Costco card business in U.S., pressuring the company's focus on emerging payments technology to provide a financial lift to calm nervous investors. more »