John Adams is executive editor of payments for American Banker.
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The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon adds pickup to Whole Foods; Canadians like the no-cashier concept; Ant makes a move into Africa; Fossil adopts wearable payments.
August 9 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Microsoft adds Masterpass; A global fintech sandbox takes shape; Shaq invests in gig economy app; Fast EMV processing gets faster; Blockchain tackles mobile payments.
August 8 -
MakeCents uses a distributed blockchain platform to digitize and decentralize fiat currency. For existing stakeholders, the incentives to cede some control in favor of a blockchain are lower costs, faster transactions and greater volume.
August 8 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Facebook wants more data from banks; Arizona opens a fintech sandbox; Alipay gets fined; Visa offers credit to small businesses.
August 7 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Apple Pay offers new incentives; Bids for Ofo; Aimia rejects Air Canada's bid; Patreon's payments problem.
August 6 -
Hochschild, the current president and chief operating officer, has been with Discover for 20 years, and will retain his title as president upon assuming the CEO role on Oct. 1. Nelms (pictured) will continue as executive chairman until his retirement early in 2019.
August 3 -
While mass transit has long been seen as a potential catalyst for changing payment habits, it's apps such as Uber, Grab and Lyft that are making the biggest difference in how people pay for transportation.
August 3 -
The information you need to start your day, from PaymentsSource and around the Web. Today: A big week for the OEM wallets; Barclays adds service for small businesses; Russian card hacker goes to jail; Nexo adds credit for cryptopayments.
August 3 -
The Trump administration's isolationist policies are slowing the flow of foreign students to American universities, and thus may hurt companies that rely on cross-border tuition processing to American corridors.
August 3 -
Pinduoduo's controversial IPO was seemingly a world removed from western merchant acquirers, but it's yet another example of how social payments can upend conventional relationships between merchants, shopping and payment processing.
August 2
