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: Australia's open banking squabble; Smartwatch payments win adoption in Europe; Canada's central bank pushes for collaboration on data breaches; Ripple finishes near real-time cross-border trial.
May 11 -
Europe's PSD2 data-sharing standards are meant to foster cooperation in the market, but banks are getting more competitive as they seek to plug a revenue drain the new rules threaten.
May 11 -
The irony of the explosive growth of mobile P2P is this: As consumers get more comfortable with paying one another through mobile devices, they're thinking of P2P less as a service that one should find within a bank's app.
May 10 -
China hasn't exactly opened its arms wide to embrace U.S. payments companies, but the nation has gradually become more accepting of the foreign payments businesses that view its tech-savvy population as a lucrative market.
May 10 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Mastercard and Microsoft collaborate on urban technology; Google Pay expands travel payments; Blockchain cross-border grows in South Korea; Flipkart's founders have a past at Amazon.
May 10 -
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
