The license would allow the firm to operate like a traditional bank and gain direct access to payment networks like Fedwire and ACH.

Lloyds Bank has provided clarity on its procedures after worries about duplicate payments being taken from customer accounts.

Beijing has removed several key restrictions on its payment system, allowing it to expand beyond yuan settlements, economist ...

For the banking veteran, it's a return home of sorts.

The US banking regulator just invited crypto firms into the Federal Reserve payment system and removed the approval ...

Even encrypted tap-to-pay isn’t foolproof. Here’s how card data can still be stolen, and what to do if it happens to you.

March 4 (Reuters) - Cryptocurrency exchange Kraken's banking unit has gained access to the Federal Reserve's payments system through a limited-purpose account, the first U.S. digital-asset bank to do ...

LONDON, March 12 (Reuters) - Andrew Bailey, chair of global risk watchdog the Financial Stability Board (FSB), urged ...

Banks that don't offer buy now/pay later risk pushing customers — especially younger ones — into fintechs' arms.

The bank is partnering with a French software company to upgrade its usage of the emerging forms of artificial intelligence. Plus, Ripple plans to buy a local payment company to secure a license in ...