John Adams is executive editor of payments for American Banker.
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There’s no PSD2-style law requiring banks in the U.S. to share data with third-party payment apps, but the market is progressing as if there will be one, leaving some smaller banks at a disadvantage.
By John AdamsSeptember 30 -
Amazon's palm-reading payment system is the sort of product that could probably succeed only at this point in time.
By John AdamsSeptember 29 -
If the Senate confirms Trump's nominee for the Supreme Court, it will cement a conservative majority that will likely decide a variety of fintech issues, including the rules digital payment companies have to follow when providing broader financial services.
By John AdamsSeptember 26 -
New research reveals Republicans and Democrats overwhelmingly believe a sweep on November 3 — by their own party — is the best outcome for the industry and the nation.
By John AdamsSeptember 25 -
Burger King envisions a future in which the only thing its patrons will touch is their actual food, a redesign acknowledging 2020’s emergency workarounds have permanently shifted how people engage businesses and gained habits that go beyond their fear of spreading germs.
By John AdamsSeptember 23 -
The months-long saga of Bytedance’s forced sale of TikTok in the U.S. is finally close to the finish line, and Walmart stands to gain new social tools and youthful consumers in its battle with Amazon and other brick and mortar chains.
By John AdamsSeptember 21 -
The pandemic and subsequent economic crisis have raised the stakes, since the government’s role in recovery and how stimulus is delivered — and policies impacting the goals of card and technology companies — will be largely determined by the philosophy of leadership.
By John AdamsSeptember 21 -
The Trump administration has barred the use of TikTok and WeChat inside the U.S., including a direct ban on WeChat Pay, setting up potential retaliation against U.S. companies that could interrupt international payment flows.
By John AdamsSeptember 18 -
As more consumers look for alternatives to credit cards, investors are flocking to point of sale credit firms, with Affirm raising a fresh $500 million.
By John AdamsSeptember 18 -
The pandemic has upended many business tasks, creating a rush among processors to expand the digital experience without complicating it.
By John AdamsSeptember 16