John Adams is executive editor of payments for American Banker.
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The months-long saga of Bytedance’s forced sale of TikTok in the U.S. is finally close to the finish line, and Walmart stands to gain new social tools and youthful consumers in its battle with Amazon and other brick and mortar chains.
By John AdamsSeptember 21 -
The pandemic and subsequent economic crisis have raised the stakes, since the government’s role in recovery and how stimulus is delivered — and policies impacting the goals of card and technology companies — will be largely determined by the philosophy of leadership.
By John AdamsSeptember 21 -
The Trump administration has barred the use of TikTok and WeChat inside the U.S., including a direct ban on WeChat Pay, setting up potential retaliation against U.S. companies that could interrupt international payment flows.
By John AdamsSeptember 18 -
As more consumers look for alternatives to credit cards, investors are flocking to point of sale credit firms, with Affirm raising a fresh $500 million.
By John AdamsSeptember 18 -
The pandemic has upended many business tasks, creating a rush among processors to expand the digital experience without complicating it.
By John AdamsSeptember 16 -
Dodger Stadium looks odd now — filled with fake crowd noise and cardboard cutout spectators — but in this downtime it's putting in an almost entirely invisible 5G wireless connection and new point of sale system.
By John AdamsSeptember 16 -
The controversial TikTok U.S. divestiture is inching toward a conclusion, but the battle over how and where data is collected has become a geopolitical barrier to international e-commerce growth that goes far beyond the Chinese video-sharing app.
By John AdamsSeptember 14 -
It could take years for the air travel industry to recover from the pandemic, but some of the airlines' responses could fuel other payment streams.
By John AdamsSeptember 9 -
For the dozens of technology companies trying to enable shopping without point of sale terminals, making it work in a full-sized store is the path to disruption. But the coronavirus pandemic flipped the script, bringing disruption well before the technology was ready.
By John AdamsSeptember 9 -
The upcoming U.S. election could move the cannabis industry closer to the mainstream, but legal dispensaries will still have to deal with workarounds to accept card or mobile payments.
By John AdamsSeptember 3