When should banks chase debts? New method could help them decide

Like Kenny Rogers' gambler, who has to "know when to hold 'em, know when to fold 'em," banks face financial risks and uncertainty when deciding when to chase consumers who default on their credit card payments and when to ...

The wallet as you know it may be dying

You grab your keys, smartphone and wallet when you leave the house. Would it be such a disaster if you left that last one behind?

PayPal buys payments startup iZettle for $2.2 bn

PayPal on Thursday announced a deal to buy Swedish online commerce startup iZettle for $2.2 billion, a deal that came as the young company was poised for a stock market debut.

Paypal founder raises $100 mn for new payments startup

Affirm, a startup led by PayPal co-founder Max Levchin, said Thursday it secured $100 million in financing to expand its consumer lending business that aims to disrupt the credit card industry.

Mobile-payment services draw more shoppers and merchants

The pay-by-phone crowd is growing at the checkout counter. More consumers are using their smartphones to pay for goods and services, and more companies are offering "mobile-payments" or "mobile-wallet" services.

What are my options for mobile pay?

With Wal-Mart Stores Inc. becoming the latest retailer to launch a mobile pay system, there are more places than ever to break out a digital wallet to pay for the things you want.

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