John Adams is executive editor of payments for American Banker.
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Businesses requiring customers to show proof of vaccination could streamline verification by incorporating inoculation records into wallet apps that patrons already have on their phones.
By John AdamsSeptember 9 -
The bank is taking a majority stake in a VW unit that enables drivers to use their dashboards to pay for such services as gas or parking. It's a recognition of the innovation taking place in the automotive sector.
By John AdamsSeptember 8 -
The fintech's partnership with the world's largest card network allows it to expand in a market where red tape has stymied many U.S. payment companies.
By John AdamsSeptember 7 -
Individual stock trading may seem far removed from these companies' core payments business, but the service could fatten account balances and increase customer engagement.
By John AdamsSeptember 2 -
Both tech companies require developers to use the app stores' built-in payment systems and pay as much as 30% of each consumer transaction. South Korea just passed a bill that ends this practice, and U.S. lawmakers have proposed similar legislation.
By John AdamsAugust 31 -
The partnership pits the buy now/pay later company against the e-commerce company's issuer partners, JPMorgan Chase and Synchrony Financial, and adds to the fintech's allure as an alternative to payment cards.
By John AdamsAugust 31 -
As more banks and fintechs offer installment loans at the point of sale, CO-OP Financial Services and PSCU are designing products to allow credit unions to compete in this market as well.
By John AdamsAugust 30 -
The e-commerce giant will partner with Affirm to offer installment payments as point-of-sale credit becomes increasingly popular as a finance option.
By John AdamsAugust 27 -
David Marcus, Facebook's financial services chief, discusses how its Novi digital wallet and the Diem stablecoin project it's involved in can be the backbone of a platform that offers real-time digital transactions, acts as a merchant acquirer and helps commercial banks handle central bank digital currencies.
By John AdamsAugust 26 -
The payments firm Boku is uniting hundreds of fragmented mobile apps to compete with Visa and Mastercard for unbanked consumers in different regions of the world.
By John AdamsAugust 23