John Adams is executive editor of payments for American Banker.
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Technology companies like Square and Stripe have nimbly captured small-business share from banks that often overlooked the segment. Royal Bank of Canada is trying to respond through a mix of merchant services, tied to the national debit system and incentive marketing.
October 17 -
The information you need to start your day, from PaymentsSource and around the web. Today: Paytm draws new investment; Interac expands mobile payments; Klarna and Samsung collaborate; Shopify and Splitit team up; Aliant pays staff in crypto.
October 16 -
Facebook’s controversial Libra cryptocurrency project is moving ahead, undaunted by the rapid departure of five high-profile companies. The Libra Association confirmed 21 members have formally signed on and formed the association’s council.
October 15 -
The information you need to start your day, from PaymentsSource and around the web. Today: Alipay makes a move in Russia; Google Pay expands transit support; Unicef adds crypto; BofA's hiring blockchain experts.
October 15 -
The Libra Association's remaining stakeholders — under very public pressure to abandon ship — will potentially find strength in numbers at its meeting in Switzerland.
October 12 -
As regulatory pushback against Facebook's Libra cryptocurrency has accelerated, keeping the project together has become a major challenge, with Visa, Mastercard, Visa, eBay and Stripe joining PayPal in leaving the project.
October 11 -
The information you need to start your day, from PaymentsSource and around the web. Today: Salesforce bolsters ordering; Mastercard extends its reach in Africa; Caixabank ramps up use of AI; Standard Cognition acquires computer vision technology.
October 11 -
The information you need to start your day, from PaymentsSource and around the web. Today: PayPal loses on its Uber investment; Rapyd gets a license in Singapore; Masabi builds interoperable transit payments in Ohio; Binance finds partners for crypto in China.
October 10 -
Cash is not dead, but the burdens of ensuring access threaten to break long-standing ecosystems that sustain traditional payments.
October 10 -
The information you need to start your day, from PaymentsSource and around the web. Today: Barclays cuts cash access at U.K. post offices; Taiwan offers incentives to use mobile payments; WEX expands; Japan allows political donations in crypto.
October 9
