Digital payments

Goldman to share code with developers; Mastercard’s digital ID blueprint


Firm “hopes to crowdsource new uses for” its pricing and analysis system; the system could be put on a device and used anywhere to cut down on fraud.


Are global regulators gunning for big tech?


Randal Quarles, a senior Fed official and chair of the Financial Stability Board, sparked debate with a speech about the risks and rewards of companies like Amazon, Facebook and Apple entering the financial system.


What the new Apple credit card means for Goldman Sachs


The Silicon Valley partnership represents an extension of — but also a departure from — the consumer strategy that Goldman has been pursuing since the launch of its digital consumer bank, Marcus.


How 6 million Bank of America customers are using Erica


The most popular features of the AI-driven virtual assistant include transaction search and spending alerts.


Mastercard venture aims to help small banks keep up in payments


The credit card network has teamed up with an ICBA unit and the fintech Urban FT to offer a payments services program tailored to community banks trying to keep pace with bigger banks.


IBM launches challenge to Ripple and Swift


The tech company has taken World Wire, its blockchain-based cross-border payments network, live in 72 countries.


Walmart teams with Affirm to offer point-of-sale loans


The deal marks the first time that the retail giant will enable its customers to use fixed-rate loans, rather than credit cards, for big-ticket purchases in its stores and online.


Community activists oppose Square's ILC bid


More than three dozen organizations are asking the FDIC to reject Square’s pending application to become an industrial loan company, according to a letter filed Tuesday.


PayPal CEO's lofty digital payments vision; Danske’s troubles grow


Dan Schulman predicts digital payments market may reach $100 trillion; the bank exiting Estonia, Latvia, Lithuania and Russia.


How will rivals respond to JPM Coin?


Barclays, Bank of America, TD Bank and other banks have filed multiple blockchain patents over the years, but have yet to publicly announce their plans for the technology.