John Adams is executive editor of payments for American Banker.
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WePay's bread and butter has been offering a streamlined e-payments hookup for online merchant platforms, and it's now adding in-person payments to keep businesses with offline needs from turning to the likes of Square.
By John AdamsMay 16 -
As a supermarket chain with no supermarkets, FreshDirect has always been an early mover by design. That made Samsung's Internet-connected refrigerator a natural fit.
By John AdamsMay 13 -
Walt Disney Co., having found success with its wearable MagicBand payment system, is retiring the paper "Disney Dollars" it has long accepted from parkgoers.
By John AdamsMay 12 -
Blockchain, the distributed ledger technology commonly associated with bitcoin, is getting a lot of attention as a way to jettison fee-snagging correspondent banks from remittances, but Align Commerce insists blockchain has even more uses.
By John AdamsMay 12 -
Merchants that now accept EMV-chip cards at the point of sale are not happy with the user experience, and First Data sees itself in a position to help.
By John AdamsMay 11 -
The 'app economy' is getting larger by the year, and a team of entrepreneurs firmly rooted in the payments establishment sees big trouble ahead when it comes to facilitating transactions.
By John AdamsMay 10 -
MasterCard is taking an obscure domestic mobile service global, with the hope of jump-starting innovations that would otherwise be locked to a specific region of the world.
By John AdamsMay 9 -
While it's generally good news when a business gets larger, that growth can quickly get stunted if the company gets hamstrung by a more complicated supply chain.
By John AdamsMay 6 -
Blockchain technology still has not proven itself invaluable to cross border transactions and remittance, but it's turning enough heads that Western Union has begun investing in its possibilities.
By John AdamsMay 5 -
RBC is giving up the revenue it gets from its $1-per-transfer service by offering free Interac transfers from all personal checking accounts, in effect betting that the relationship it builds with customers will be more valuable than its fee income.
By John AdamsMay 4