John Adams is executive editor of payments for American Banker.
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By adding direct deposit for payroll, Square is diversifying the Cash App as it competes in the P-to-P space with Venmo and Zelle.
March 7 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Citi and Kabbage join PSD2 forum; Central Bank of Lithuania holds contest for collectable virtual currency; China deepens crackdown on crypto; Armored car company sheds paper.
.March 7 -
Chicago's government agencies are a mess of disconnected legacy systems that smacks of old-school municipal malaise and revenue loss as people trek to midcentury government facilities and wait in line to pay.
March 7 -
The information you need to start your day, from PaymentsSource and around the Web. Today: PayPal files virtual currency payments patent; Manny Pacquiao gets his own cryptocurrency; Chip cards advance in Africa; U.S. Marshals auction seized bitcoin; Iceland investigates alternative currency mining theft.
March 6 -
As with most of the company's inventions, an Amazon checking account would more deeply embed customers into an Amazon ecosystem that provides an endless flow of data and efficiencies.
March 5 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon's reportedly in talks with JPMorgan Chase to build a checking account; Mexico may adopt open banking; U.K.'s regulatory sandbox may expand; Walmart adds to its delivery strategy; Louisiana investigates unauthorized bitcoin mining.
March 5 -
Customer support may seem like it's innovating through the use of artificial intelligence and chatbots, but all of that is built on a foundation that's stuck in the stone age.
March 5 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Democratic senator pressure Trump on North Korea cryptohacks; Ripple expands its use cases; JPMorgan's hackathon encourages diversity; U.K. stores dump cash.
March 2 -
The Amazon Go store isn't just reinventing retail; the company's recent acquisitions of Ring and Blink indicate Amazon wants to reproduce its model of camera-fueled commerce in consumers' homes.
March 2 -
The information you need to start your day, from PaymentsSource and around the Web. Today: New Russian mobile wallet; Canada considers open banking rules; Messenger payments expand in Africa; Nacha and IFX cooperate on API standards; Amazon buys Ring.
March 1
