John Adams is executive editor of payments for American Banker.
-
Backups at ports have created inventory and cash-flow challenges for many businesses. Bank of the West, Swift, SAP and others are offering customers faster payments services, short-term loans and virtual cards to ease liquidity pressures.
By John AdamsNovember 16 -
The data aggregator is recruiting partners such as Railsbank, Silicon Valley Bank and Marqeta for a project designed to make certain digital transactions easier to complete.
By John AdamsNovember 10 -
The bank is partnering with Anthemis to match investors with female entrepreneurs, who according to Findexable research attract just 1.5% of investment in the sector.
By John AdamsNovember 8 -
The institution joins a small but growing list of large banks that allow businesses like utilities and mobile carriers to instantly accept consumer transactions.
By John AdamsNovember 8 -
Citigroup, BNY Mellon, JPMorgan Chase and PNC are each working to enable wireless providers, public utilities and other companies to instantly receive funds from the consumers they bill.
By John AdamsNovember 5 -
Jack Dorsey's payments company wants to reach a younger demographic while also giving adults more reasons to use its peer-to-peer service.
By John AdamsNovember 4 -
As installment lending becomes more popular, regulators in the U.S., Europe and Australia are considering new restrictions or taking action against lenders.
By John AdamsNovember 4 -
Digital upstarts like Square, Stripe and PayPal are invading community banks' turf by appealing to local merchants with a mix of electronic payments and lending. Small banks are fighting back by leaning into digital services while maintaining their personal touch.
By John AdamsNovember 3 -
The Indiana-based online banking pioneer is purchasing First Century, a similarly tech-savvy company, for $80 million. The deal would diversify its revenue and improve its prepaid card offerings for small businesses.
By John AdamsNovember 2 -
Fintechs have begun offering consumers installment-lending options to pay for airfare, putting competitive pressure on banks and credit unions that rely on travelers for significant credit card volume.
By John AdamsNovember 1