John Adams is executive editor of payments for American Banker.
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Called Mezu, the P2P platform has been live for about a week and uses a location-based code to execute payments, avoiding the need to even share usernames or other identifying information to move money.
By John AdamsJune 22 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Visa developer event targets gender gap; PayPal halts payments for school shooting game; Akon plans his own cryptocoin; Spanish banks push blockchain ID project.
By John AdamsJune 21 -
PayPal is spending billions on M&A to throttle the heightened competition it faces from the likes of Square and Stripe.
By John AdamsJune 20 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Interac ramps up development; Regulators issue more PSD2 guidance; Contactless technology moves deeper into donations; Payments Canada appoints a payments and technology chief.
By John AdamsJune 20 -
PayPal can combine its payment service, Braintree and Hyperwallet for a variety of use cases for online marketplaces and gig economy workers.
By John AdamsJune 19 -
Visa, which was criticized for its vague explanation of a June 1 outage in Europe, was in the process of installing better technology, but the project was not complete at the time of the incident and won't be finished until the end of this year.
By John AdamsJune 19 -
The information you need to start your day, from PaymentsSource and around the Web. Today: A dire warning for bitcoin's impact; Toss draws funding; A new strain of malware; Press freedom advocate will accept cryptocurrencies.
By John AdamsJune 19 -
Western companies desperately want a chunk of China's vast domestic consumer payments market, though they may find themselves feeling lucky to be left out.
By John AdamsJune 18 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Walmart gets a patent for energy crypto; Chase embeds cards into fitness bands; London tube adds trip trackers to mobile pay; Alipay and WeChat pay expand gaming payments.
By John AdamsJune 18 -
As competition from the bank-powered Zelle mounts, the popular social P2P app Venmo is phasing out support for online payments in favor of its mobile app.
By John AdamsJune 15