JPMorgan Chase & Co. and Citigroup Inc. have long competed for dominance in global payments, processing trillions of dollars worth of flows from corporates moving money across borders. That rivalry is ...

As transaction volumes surge and regulatory expectations intensify, financial institutions are discovering that speed without intelligence introduces new forms of operational and compliance risk.

Payments are entering a new evolutionary stage. A recent white paper (jointly by Thunderbird School of Global Management and fintech firm Wiseasy) introduces the concept of Fourth Generation Payment ...