John Adams is executive editor of payments for American Banker.
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The industry was already spending billions to automate before 2020. What it needed was a cultural shift to try new things.
By John AdamsApril 2 -
Jack Dorsey's payments company cut 931 jobs. Also: Western Union looks to artificial intelligence; Marqeta adds an e-marketplace; Westpac takes on scams; and more news in the global payments and fintech roundup.
March 26 -
The banking industry's march to ISO 20022 compliance by a November deadline has been sluggish, but the messaging organization isn't budging.
By John AdamsMarch 26 -
Former staffers at Block's crypto unit have launched Stable Sea, a firm that tries to make processing easier.
By John AdamsMarch 24 -
As Klarna wins installment lending for the retail giant's OnePay app, rival Affirm seeks to downplay the loss.
By John AdamsMarch 21 -
Bank technology firm Fiserv agreed to buy the Netherlands-based company, which sells multichannel processing systems. Also: the FCA looks to lighten contactless checkout limits; Ripple's Garlinghouse said the SEC has dropped a suit against his firm; and more news in the global payments and fintech roundup.
By John AdamsMarch 19 -
The payment company's listing comes amid market and political volatility, but the Swedish firm has its strong recent financial performance and distribution deals with JPMorgan Chase and Walmart on its side.
By John AdamsMarch 19 -
As FedWire becomes the latest ISO 20022 migration to get pushed back, Vantage Bank and Wings Credit Union discuss the difficult upgrade.
By John AdamsMarch 17 -
The Swedish institution is best known in the U.S. for its buy/now pay later lending. Its New York listing will be a bellwether for the payments technology industry, which is recovering from a post-pandemic slump
By John AdamsMarch 14 -
While often used to describe a digital asset that hedges against cryptocurrency's volatility, the reality of stablecoins is much more complex.
By John AdamsMarch 13