Daniel Wolfe is director of data services at Arizent, which publishes American Banker. Previously he headed American Banker's payments and credit union coverage, and before that was editor-in-chief of PaymentsSource, a sister publication that combined with American Banker in 2021. Prior to that, Daniel held roles at American Banker including tech and risk management editor; technology, cards and payments editor; and technology reporter. He has a master's degree in print journalism from Boston University's College of Communication and a bachelor's degree in English from SUNY Binghamton.
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Googles upcoming personal assistant and cross-platform messaging apps make substantial use of payments, though the transactions exist entirely in the background to encourage a smooth user experience.
By Daniel WolfeMay 18 -
Back in 2014, Dekkers Davidson, then CEO of the Merchant Customer Exchange, declared that the mobile wallet venture would draw inspiration from Uber and be just as disruptive to financial services as the popular ride-sharing app was to the taxi industry. But Uber's success stems largely from its decision to make payments invisible, whereas MCX was developing its CurrentC wallet to do just the opposite.
May 17 -
Uber riders that prefer to pay with Google Wallet will have to switch to Android Pay on May 9, according to emails reportedly sent out to Google Wallet users.
By Daniel WolfeMay 3 -
Everything that makes Chase Pay possible is built on the foundation of ChaseNet.
By Daniel WolfeApril 18 -
Biometric authentication is coming to numerous e-commerce merchants who may not realize that it will be a part of their checkout process, depending on the issuers involved.
By Daniel WolfeApril 15 -
Visa insists that EMV chip card transactions take no longer to process than magstripe transactions do, but it is aware that many consumers disagree.
By Daniel WolfeApril 13 -
Just as startups can open new markets and take longstanding clients from incumbents, they may also rob traditional companies of much-needed diversity in their higher ranks.
By Daniel WolfeApril 13 -
The honorees, selected by the editors of PaymentsSource, are responsible for businesses and innovations as diverse as the payments industry itself.
By Daniel WolfeFebruary 9 -
The honorees, selected by the editors of PaymentsSource, are responsible for businesses and innovations as diverse as the payments industry itself.
By Daniel WolfeFebruary 8 -
For years, the financial services industry has relied on tactics such as education campaigns, sales pitches and financial penalties to get merchants to upgrade their technology. Ironically, the bad security that led to Target's 2013 data breach may have been the strongest way to deliver this message.
By Daniel WolfeJanuary 21