John Adams is executive editor of payments for American Banker.
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Purchasing VocaLink has cost Mastercard more than $900 million and some regulatory headaches, but the investment has to potential to spark new payment products and facilitate the card brand's pursuit of faster processing.
July 27 -
PayPal's strategy to partner with large institutions and push its popular Venmo social transfer app are literally paying off, as the company raised its earnings outlook and reported earnings that beat analysts' expectations.
July 27 -
Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: PayPal's earnings boost; Stripe buys tax tech; UniCredit suffers a breach; ItzCash raises funds.
July 27 -
Wirecard has released a flurry of products in recent months as it builds a global footprint, and its most recent effort focuses on risk management for small businesses that want to sell online.
July 27 -
Bank of America will tokenize BofA cards across Mastercard and Visa portfolios in the U.S., supporting PayPal's mobile wallet.
July 26 -
Visa has led a $25 million investment round in open card issuing platform Marqeta, and the two companies will collaborate on consumer and commercial payment projects.
July 26 -
Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Wells Fargo mistakenly leaks data; Canadians learn more about fintech; UniCredit embraces instant payments; A look at ransomware payments.
July 26 -
ABN Amro is enabling its Tikkie social P-to-P app to send tuition payment requests to students, a dramatic expansion from the transaction types the bank designed the app for.
July 26 -
Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Apple Pay expands with JCPenney; Western Union, BP team in Australia; Citi collaborates with Cornell; Three Square Market plans ID chips in staff.
July 25 -
As ATMs on large bank networks increasingly use mobile phones for account access — a trend driven in part by mobile banking — non-bank ATM operators are working to enable the same features to attract mobile-savvy cash users.
July 25
