John Adams

The investment money’s flowing into fintech that’s flexible and broad enough to build a bridge between issuers and merchants. For PayU’s investment wing, that’s a $500 million blanket covering cross-border commerce, open tools and markets in dire need of a digital revolution.

There’s no clear winner yet in the “war on cash,” so investment is flowing into technology that’s designed to accommodate a wide set of payment options that can still take cash along for the ride.

The information you need to start your day, from PaymentsSource and around the Web. Today: Santander adds gig economy tech; U.K. calls out open banking laggards; AMC suffers a breach; A new threat for bitcoin fraud.

Mastercard hopes to tap into existing partnerships and clients from multiple business lines to combine services in a single menu for small to mid-sized businesses, a market where fintechs have made great strides over the past few years, enough to draw extra attention from established companies.

Facebook’s pursuit of a crypto-based payment system would seem to be filled with potholes and red flags. The social network’s stealth project isn’t much of a secret, and another Facebook virtual currency has already failed years earlier. But Facebook also has a lot in its corner — enough to threaten the e-commerce and payment processing establishment, should its crypto project take off.

The information you need to start your day, from PaymentsSource and around the Web. Today: Facebook pushes crypto; Denver transit teams with Uber for ticketing; Canada and Singapore team on distributed ledger; Simple adds Samsung Pay; Paytm Mall offers auto payments.

Transferrable dynamic authentication is something almost everyone wants but still seems just out of reach. Experian says there are a couple of places where that problem can be solved, adding it’s time to realize that even digital-age ID rules no longer work.

The information you need to start your day, from PaymentsSource and around the Web. Today: Apple and Cubic extend transit pay; U.K. technology firm debuts biometric card; Alexa's payment skill reaches more countries; How to make a contactless ring.

Mastercard’s board is pushing back against an activist group’s calls to create a board-level human rights committee to track potential transactions involving extremist organizations.

The information you need to start your day, from PaymentsSource and around the Web. Today: U.K. regulators say PayPal's iZettle deal won't hurt competition; Amazon extends its Key service to some Ford brands; Remitly adds to its network; Refundo and BitPay offer cryptocurrency tax refunds.