John Adams is executive editor of payments for American Banker.
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Progress in the trade war is welcome news for Mastercard’s ambitions in China, though the coronavirus jeopardizes the rosy outlook.
By John AdamsJanuary 29 -
Facebooks’ Libra cryptocurrency project has been losing high-profile support for months, but the loss of Vodafone may be its most critical.
By John AdamsJanuary 27 -
Two of the largest U.S. fueling station chains are adopting technology that separates the act of pumping gas from the transaction — and in the process, enabling that the purchase of fuel to become a gateway to in-car shopping.
By John AdamsJanuary 27 -
Square's merchants have shown early interest in cryptocurrency payments, and if merchants accept this new concept, it could exist along with other Square services to support numerous use cases, including broader financial services.
By John AdamsJanuary 23 -
Even in mature markets, consumers may not feel very connected to their payment cards. This is making issuers more reliant on selling data-driven experiences over simple transaction processing.
By John AdamsJanuary 23 -
The future of brick and mortar retail is somewhere in the swamps of Jersey. Buried beneath a virtual sea in a place once called Xanadu is an underwater version of New York, a nautical Times Square where marquees scream “Piranha of the Opera,” and “Krill Grill.”
By John AdamsJanuary 22 -
By experimenting with palm-print hand wave transactions, Amazon is putting its resources behind another work-in-progress technology that traditional retailers will almost certainly have to invest in just to keep pace.
By John AdamsJanuary 21 -
Last week, Indian regulators ordered an antitrust probe of Walmart and Amazon while Jeff Bezos and other Amazon execs traveled to New Delhi to tout a $1 billion investment to digitize local businesses. The message is U.S. investment is welcome, as long as U.S.-driven data mining is kept at bay.
By John AdamsJanuary 20 -
The move to dump passwords in favor of more flexible authentication will likely happen in clusters, with schools providing many of the factors necessary.
By John AdamsJanuary 17 -
Before Visa agreed to acquire data company Plaid for $5.3 billion, Mastercard had been pulling ahead in the race among the card brands to break beyond reliance on basic processing fees.
By John AdamsJanuary 14