Federal workers are turning to low-cost loans to help tide them over financially as the U.S. government shutdown drags on.

Bank of America could consider acquiring more payment businesses in the United States, but the bank is not looking at deals ...

British regulators are threatening to directly shut down payment companies that don't have adequate risk controls, a move that suggests the banking crisis is increasing the legal jeopardy for any firm ...

Businesses and consumers are increasingly transitioning to cashless or cash-light transactions, driven by the growing adoption of remote and online payment solutions. According to American Bankers ...

Fintechs, short for financial technology companies, are not banks. They are technology firms that use software to deliver ...

In 2023, Visa and Mastercard, two of the largest players in the payment industry, generated over $57 billion in combined revenue, primarily through the fees they charge businesses for processing card ...

In a potentially far-reaching shift, the Federal Reserve is weighing whether to redraw the perimeter of the US financial ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Open banking payments, commonly referred to as pay by bank, might be the best formula to ...

A payment gateway encrypts and transmits customer data; a processor moves funds between accounts. Both are essential for online credit card transactions.

Easter Monday is not a federal holiday in the United States, so banks will typically operate according to their normal ...

Soneri Bank Limited, one of Pakistan’s leading financial institutions, has entered into a strategic partnership with Euronet ...