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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Many companies no longer rely on static passwords alone, and use two-factor authentication to protect consumer accounts. The problem is they're using the same second factor: text messages sent to mobile devices.
September 26 -
Zelle doesn't require a bank or credit union to participate in its network to allow it to receive funds; so even Zelle holdouts will see some activity on their accounts. This allows credit unions to compare members' demand to usage, and to determine whether signing up with Zelle is worth the trade-offs.
September 24 -
The variety of these new devices may seem random or experimental, but each is responding to a specific threat to Amazon's work in voice-controlled commerce.
September 21 -
The information you need to start your day, from PaymentsSource and around the Web. Today: eBay pursues hands-free tech; Sacramento Kings text tickets; NFC reaches 7-Eleven; Hong Kong's 'bay area' gets UnionPay mobile; Ripple and R3 settle legal fight.
September 12 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon Go opens in New York; Paul Galant joins Softbank subsidiary; Visa adds disaster recovery feature; Russian hacking suspect extradited to New York; Vizeo TV may have to disclose spying on viewers.
September 10 -
The information you need to start your day, from PaymentsSource and around the Web: Apple Pay stalls in India; Walmart's grocery partner; FIDO's new program; and more.
September 7 -
The information you need to start your day, from PaymentsSource and around the Web: mobile ordering on the golf course; Facebook users take a break; PayPal invests in U.K.'s Monese; and more.
September 6 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon Go adds its biggest store; Elavon buys a Virginia fintech; Line Pay gets a major cash boost; and more.
September 5 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Paytm launches investment app; Reserve Bank of Australia suffers an outage; Virtual Cryopto Technologies launches a bitcoin ATM converter; Ipagoo joins Chaps; Adyen tests 3D Secure.
September 4 -
Amazon Go may be stealing the spotlight, but it is far from alone in the rush to revolutionize in-store checkout through the use of sensors, scanners, mobile devices and more.
August 31
