John Adams is executive editor of payments for American Banker.
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Europe's PSD2 doesn't directly impact Hong Kong, but its monetary decision makers support open banking frameworks, sparking a network of banks to support that effort through the help of HSBC and Swift.
October 8 -
The information you need to start your day, from PaymentsSource and around the web. Today: EU regulators question Libra; Payment startup pulls huge IPO; Sacramento Kings add blockchain; Stripe expands to Malaysia.
October 8 -
As fintechs like Stripe and Square close in on NCR's traditional businesses, the technology company is adding scale in southeastern markets through a purchase of Midwest POS Solutions.
October 7 -
The information you need to start your day, from PaymentsSource and around the web. Today: Paytm extends wireless; Tim Cook takes a veiled shot at Libra; European regulators warn banks on AML; Ohio shuts crypto tax payment site.
October 7 -
Canada is often at the forefront of payments innovation, with active fintech hubs and a national initiative to restructure the country’s transaction system for e-commerce. Yet outdated attitudes about identity risk linger, showing how hard it will be to achieve global digital ID at scale.
October 7 -
Facebook's Libra cryptocurrency project has lost its first major ally. PayPal — where the head of Facebook's Libra project once served as president — has cut its ties. As a founding member, PayPal was expected to drive the payment-specific part of the cryptocurrency initiative.
October 4 -
The information you need to start your day, from PaymentsSource and around the web. Today: Barclaycard's supply chain; Libra partners hedge on participation; Lyft tries to hold onto drivers; Curve adds former Samsung exec; Fiserv adds school donation support to Clover.
October 4 -
Transit systems want to use contactless and open payment systems to address ridership declines, an innovative strategy that nonetheless is riddled with pain points due to how transit has traditionally modernized.
October 4 -
The information you need to start your day, from PaymentsSource and around the web. Today: Udaan's big haul; Jack Henry promotes executives; Venezuela embraces crypto; Link funds new ATMs.
October 3 -
Facebook is not the only global megabrand tied to the Libra cryptocurrency project, and with a steady drip of rumors about the partners bailing, pressure on Facebook is rising while partners weigh missing out on the initiative’s addressable market.
October 2
