John Adams is executive editor of payments for American Banker.
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Visa, which was criticized for its vague explanation of a June 1 outage in Europe, was in the process of installing better technology, but the project was not complete at the time of the incident and won't be finished until the end of this year.
By John AdamsJune 19 -
The information you need to start your day, from PaymentsSource and around the Web. Today: A dire warning for bitcoin's impact; Toss draws funding; A new strain of malware; Press freedom advocate will accept cryptocurrencies.
By John AdamsJune 19 -
Western companies desperately want a chunk of China's vast domestic consumer payments market, though they may find themselves feeling lucky to be left out.
By John AdamsJune 18 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Walmart gets a patent for energy crypto; Chase embeds cards into fitness bands; London tube adds trip trackers to mobile pay; Alipay and WeChat pay expand gaming payments.
By John AdamsJune 18 -
As competition from the bank-powered Zelle mounts, the popular social P2P app Venmo is phasing out support for online payments in favor of its mobile app.
By John AdamsJune 15 -
Microsoft is the latest to try to help a big retailer jettison cashiers — and the latest to discover how hard that is.
By John AdamsJune 15 -
The information you need to start your day, from PaymentsSource and around the Web. Today; Amazon's rivals work on cashierless store; PayPal cuts fees in Ireland; Ripple says a full DLT is still on the way; William Shatner endorses a solar cryptomining company.
By John AdamsJune 15 -
As the gig economy balloons, a private network is adding partners and geographies to separate itself in a fintech-dominated market.
By John AdamsJune 15 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Singapore studies the right way to use AI; Slovenia develops a cryptocurrency mall; Klarna expands into auto repair payments; Dixon's suffers a breach.
By John AdamsJune 14 -
A fintech that has grabbed a sizable chunk of the Australian digital payments market has made some quick merchant scores for its American launch.
By John AdamsJune 14