John Adams is executive editor of payments for American Banker.
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Real-time payments carry a trove of valuable data for supply chains, and a way for card networks to grow beyond card-dependent revenue. The collaboration between Payments Canada and Mastercard’s Vocalink will go a long way toward both ends.
By John AdamsNovember 13 -
Even given the huge jump in digital transactions from e-commerce, card brands are holding out for COVID-19 vaccines as a path out of the payment declines that have accompanied 2020’s health and economic crises.
By John AdamsNovember 11 -
Ahead of a holiday shopping season that should focus heavily on e-commerce, Amazon is updating its rewards program to keep delivery drivers interested in handling its packages.
By John AdamsNovember 10 -
President-elect Joe Biden's victory over incumbent Donald Trump will end four years of Trump-led isolationist policies, but the balance in Congress is still uncertain and could stall the President-elect's agenda.
By John AdamsNovember 7 -
One area of certainty in the 2020 election is the momentum for legalizing cannabis, as a string of ballot box victories makes it harder for banks to avoid working with dispensaries and other legal marijuana businesses.
By John AdamsNovember 4 -
As the presidential voting count waged deep into the night on Tuesday, the fate of fintech, financial services and payments regulation hung in the balance.
By John AdamsNovember 4 -
Control of Congress was still in play late Tuesday, as the Democrats retained control of the House of Representatives while neither party gained the necessary seats to control the Senate.
By John AdamsNovember 4 -
As the pandemic and economic downturn take their toll on consumer spending, the card companies are relying on scale, partnerships and subsidiaries to turn consulting, security and fast technology deployment into new and sustainable revenue streams.
By John AdamsNovember 2 -
The concept marries digital ID to the trend toward making the car’s internet connectivity an e-commerce lane.
By John AdamsOctober 30 -
Visa has seen tepid returns of payments volume as economies reopen, but the renewed virus cases and government responses have created an extra layer of uncertainty — particularly for cross-border transactions and travel.
By John AdamsOctober 28