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: Facebook starts a blockchain unit; New York pushes ahead with cryptocurrency investigation; CPMI pushes security standards; St. Louis Fed recommends government virtual currency; Monzo adds proximity P2P technology.
May 9 -
Both executives assume their new roles as the Citi unit faces competition from both large banks and fintechs in the cross-border payments market.
May 8 -
The restaurant technology is a category-specific move that mirrors a broader strategy at Square, which has spent hundreds of millions of dollars in the past few months to round out its merchant services products.
May 8 -
The expansion of Visa Direct is designed to speed disbursements for health care patients who can receive an instant payment versus waiting several days to a week for payout.
May 8 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Apple plans to meet with Toronto transit officials; Cryptocurrency goes to the movies; Swedish startup organizes APIs; Digital billing advances in Pakistan.
May 8 -
The information you need to start your day, from PaymentsSource and around the Web. Today: JPMorgan files a patent app for transfer tech; Syncapay's looking for fintech investments; Ticketmaster's deploying new biometrics; Richard Branson warns about scams; Cryptocoin tax payments fall out of Arizona bill.
May 7 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Instagram adds payments; Alipay introduces money market funds for spare change; Ireland plans a fintech census; Reddit will resume bitcoin payments; California gets more cyrptocurrency ATMs.
May 4 -
Visa and Mastercard's "single button" for online payments seems like it would most directly threaten PayPal, but the card networks' campaign puts just as much pressure on Amazon's omnichannel push.
May 3 -
The information you need to start your day, from PaymentsSource and around the Web. Today: CBA cops to old breach; Ulster Bank's day off hurts mobile pay; Token benefits from PSD2; Ripple deepens its relationship with Standard Chartered.
May 3 -
Amazon is trying to acquire Indian e-commerce giant Flipkart, in part to gain control over that country's e-commerce market and in part to make sure Walmart doesn't get hold of the company.
May 2
