John Adams

JPMorgan Chase has made several investments in financial technology startups, but its plan to buy WePay will give its 4 million small-business clients a much more direct way to adopt digital payments.

The information you need to start your day, from PaymentsSource and around the Web. Today: Swift CEO slams bitcoin; A big vulnerability for WiFi; New Russian cryptocurrency; Softbank's close to a big investment in Uber.

The banking crisis in 2008 has created a generation of consumers that will always carry some mistrust of traditional banking, making them more agreeable to alternative payment models.

The information you need to start your day, from PaymentsSource and around the Web: Equifax may lose its IRS contract; A cheaper smart contract; Reseller Meesho draws funds; London's fintech status holds for now.

IBM plans to use blockchain technology to power real-time execution for international transfers, joining the push to streamline a traditionally cumbersome payment type.

Cash is resilient, especially during times of crisis or uncertainty. But there are significant efforts to make cash less relevant in areas where it has typically been a mainstay.

The information you need to start your day, from PaymentsSource and around the Web: Bitcoin at the top banks; Hyatt and Equifax targeted again; and more.

Mike Kennedy is OFX's new president for North America, providing more local digital payment experience for the Australian-based international transfer company.

Omnyway wants to boost its global reach, necessitating a geographically diverse range of investors for its $12.75 million funding round, led by Nyca, CommerzVentures and CEFIF.

The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon updates Echo; ZenCash expands to include billing; SecureKey adds a large bank to Canada's national ID project; Cash declines in Sweden.