John Adams is executive editor of payments for American Banker.
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Virgin Money has cut about 150 jobs and 39 branches thus far in 2024, the Central Bank of Nepal has hired ACI Worldwide to build a payment switch to enable interoperable card payments for merchants, and more.
By John AdamsFebruary 7 -
PayPal hopes to demonstrate its coin's utility by using it to take a stake in a company called Mesh.
By John AdamsFebruary 2 -
Banks can choose to only receive transactions instantly, and it's the most popular choice. Simply preferring to get paid faster isn't the reason.
By John AdamsFebruary 1 -
U.S. consumers remain healthy despite several factors that weigh on their spending, said CEO Michael Miebach.
By John AdamsJanuary 31 -
Visa will be the payment partner for the 2026 World Cup and other events, companies in Canada are teaming up to promote open banking for credit unions, and more.
By John AdamsJanuary 31 -
The institution is investing more in analytics as it faces pressure from rival banks and fintechs using automation to attract cost-conscious treasurers.
By John AdamsJanuary 30 -
Google Pay's collaboration with the country's digital transaction network is the latest example of Indian tech informing strategy elsewhere in the world, including the U.S.
By John AdamsJanuary 29 -
Steve Squeri said flatness in the segment is an industry-wide trend, and the company is dedicated to the segment.
By John AdamsJanuary 26 -
As new CEO Alex Chriss streamlines the payment company's strategy, 2024's first major product rollout stresses data-driven, personalized connections between merchants and consumers.
By John AdamsJanuary 25 -
Williams, who died this week at age 90, was CEO of SunTrust — one of the banks that would become Truist — for many years. He also served on the boards of several organizations in Atlanta, including Coca-Cola.
By John AdamsJanuary 25