John Adams

The simplified pricing of fintechs like Square and Stripe has finally caught up with banks' more complex fees, prompting Wells Fargo to restructure its billing for small businesses. Other banks will also face consequences—particularly community banks that depend on local merchants.

The information you need to start your day, from PaymentsSource and around the Web. Today: Paytm's push at the point of sale; French ride hailing app SnapCar streamlines payroll; NatWest tests cardless pay; Payments Canada adds risk management exec.

MyBucks plans to give away entry-level smartphones, loaded with the company's financial technology, to encourage mobile payments, mobile banking and broader access to digital services in Africa, where financial innovation often moves quickly.

The information you need to start your day, from PaymentsSource and around the Web. Today: Apple won't allow cryptocurrency mining; Researchers say P2P's precision could turn some people off; Swedish central bank wants input on faster payments; London's mayor touts the city's AI prowess.

The information you need to start your day, from PaymentsSource and around the Web. Today: Recruitment site hack exposes Australian banks; Amex makes a sustainability play; An e-wallet debuts in Angola; Italy gets bearish on blockchain.

Payroll needs can be tricky — especially on the open seas, where cruise staffers often have to go through several expensive steps to cash out their paychecks.

The information you need to start your day, from PaymentsSource and around the Web: Mastercard gets a blockchain patent; A cryptocurrency for pot may sponsor Dennis Rodman's trop to the Singapore summit; The networks and XRP team on a wallet toolkit; ABN Amro gamifies technology hiring.

While the 'buy button' is designed to benefit merchants, issuers and the card networks alike, merchants may not be willing to risk any tradeoff in their access to customer data.

The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon picks spots in Chicago for Go; Italy deploys interbank blockchain; Indian bank gets hit with AML fine; Another startup emerges from the U.K.'s fintech standbox.

Visa's management faces an unwelcome choice: It can share more information about internal shortcomings or mistakes that caused payments to shut off temporarily, or get summoned to Parliament for a politically-infused public questioning.