Bailey Reutzel
Bailey Reutzel is a freelance reporter and author of MoneyTripping. She was previously a staff writer at PaymentsSource.
Bailey Reutzel is a freelance reporter and author of MoneyTripping. She was previously a staff writer at PaymentsSource.
A handful of misconceptions about Latin America keep many U.S. payments companies out of the region, but the opportunities are too great to let those preconceived notions interfere, according to Sally Baptiste, who helped McAfee take its product south of the border.
While smartwatches drew a lot of the attention to wearable payments and the Internet of Things, in practice smartwatches just don't seem suitable for most transactions.
As marijuana legalization spreads throughout the U.S. and the world, companies in the cannabis market must navigate a delicate tangle of new and old regulations. And many payment providers are unwilling to risk working with dispensaries, leading to some inventive workarounds.
Contrary to many third-party payment providers' practice of pushing customers to lower-cost payment rails, Regalii wants its end users to pay their bills with credit cards. The goal of this arrangement is, of course, to make money for banks.
Apple Pay still struggles to displace cash and cards in the U.S., but its recent integration with Western Union shows the mobile wallet has some untapped potential.
EMV is strictly an anti-counterfeiting measure that leaves several elements of the payment process untouched, and fraudsters are exploiting these gaps.
South Africa doesn't rank as high on Mastercard's mobile readiness rankings as some other countries, but a need for convenience and security is drawing more attention to the channel, particularly among the young.
Artificial intelligence is steadily making its way through the payments and financial services world. The technology's usefulness for fraud detection is clear, but there are other areas where AI can have an impact.
The financial services industry has been using artificial intelligence for decades in trading, and as the technology gets smarter it’s being tested more often with payments as well.
PayPal's February acquisition of TIO Networks is the latest example of a growing trend of financial services providers targeting the underserved, developing products that bring the cash-heavy group into the digital payments fold.