John Adams is executive editor of payments for American Banker.
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Alipay's deal to buy MoneyGram for $880 million may be the centerpiece of its strategy to expand beyond China's borders, but it's not its first move in recent months. The Alibaba payments affiliate has already extended its reach in several other ways.
By Daniel WolfeJanuary 27 -
Welcome to the new PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Competitive headwinds for PayPal; U.K. tries to retain tech status; Amazon takes to the seas; XBox's transactions soar; Link ATM dispute in the U.K.
By John AdamsJanuary 27 -
The U.S.-to-China payments corridor is one of the biggest in the world, according to the most recent World Bank data. It is dwarfed only by the U.S.-to-Mexico corridor, which the Trump campaign targeted as part of its border wall plan.
By John AdamsJanuary 27 -
Ant Financial, the company that operates Alipay, is buying MoneyGram for $880 million, its boldest move yet in a series of partnerships and investments that signal an international ambition.
By John AdamsJanuary 26 -
Welcome to the new PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Digital currency advances in China; Australia embraces blockchain for bonds; Germany pushes stable fintech regs; Scotiabank invests in AI.
By John AdamsJanuary 26 -
Amazon and other e-commerce disruptors are turning long-held retail models upside down, but in doing so they create a lifeline for retailers who see them as an opportunity rather than a threat.
By John AdamsJanuary 26 -
President Donald Trump's signing of an executive order Wednesday to push forward with plans for a "security wall" between the U.S. and Mexico has strong implications for how the plan will affect cross-border payments.
By John AdamsJanuary 25 -
Welcome to the new PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Airbnb may buy a payments company; Parliament may move on Brexit this week; new tech for vet payments; rewards program debuts for corporate travel,
By John AdamsJanuary 25 -
The fleet card provider WEX isn't sure how blockchain can help its business, but it's confident enough in the technology's promise to move forward.
By John AdamsJanuary 25 -
UnionPay's collaboration with United Airlines and Planet Payment is the latest salvo in a race among Chinese companies to cater to overseas travelers.
By John AdamsJanuary 24