John Adams is executive editor of payments for American Banker.
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A more active Consumer Financial Protection Bureau, competition from Big Tech and sanctions on Russia are combining to make compliance a much larger concern than in the past, according to legal experts who spoke at American Banker's Payments Forum.
May 19 -
In international news this week, BNP Paribas extends a credit line with green incentives to Ant Group; four NatWest bank units were penalized for overcharges on interchange fees; Experian agreed to buy a stake in a Brazilian fintech; and more.
May 18 -
Consumers are still the driving force of payments innovation — even in business use cases, according to honorees from this year’s Most Influential Women in Payments who spoke at American Banker’s Payments Forum.
May 17 -
The point-of-sale lender is teaming up with Fiserv to streamline its onboarding process for merchants. It's part of Affirm's effort to differentiate itself as more banks and fintechs enter the highly competitive buy now/pay later market.
May 16 -
Paul Stoddart joins the U.K. company at a crucial time. A specialist in account-to-account transfers, GoCardless sees an opportunity to capitalize on friction over interchange rates.
May 12 -
The card company and financial institutions are collaborating with cross-border settlement platform Carbonplace to improve processing and risk management for environmentally-focused transactions.
May 10 -
Card issuers have pushed for more direct access to iPhones for years, and with the tech giant's policies facing fresh political and legal heat, Wells Fargo exec Ukrike Guigui says a more open mobile payment market would benefit merchants and consumers.
May 10 -
The standards body's new guidance would prevent vendors from managing multiple protocols in different countries.
May 9 -
The bank is working with invoicing vendor IFG to simplify the process of paying multiple suppliers.
May 9 -
Shortly after the reveal of Stripe Financial Connections, the CEO of its longtime partner Plaid took to Twitter to accuse the company of exploiting their relationship to build the new service. At stake is the growing market for digital transactions.
May 5
