John Adams is executive editor of payments for American Banker.
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Mastercard, Visa and American Express are reportedly preparing to add merchant codes to identify firearm purchases, forcing the networks to straddle a hot-button issue in an election year.
By John AdamsFebruary 12 -
With countless fintechs nipping at its heels, the bank is working harder to be a one-stop shop for e-commerce, retail store management, payments and authentication.
By John AdamsFebruary 12 -
The city's pilot program enables asylum seekers to pay for food and baby products — reducing government overhead while introducing newcomers to the local economy.
By John AdamsFebruary 9 -
CEO Alex Chriss told analysts the company's AI-heavy product rollouts won't improve financial results in the near-term.
By John AdamsFebruary 7 -
Virgin Money has cut about 150 jobs and 39 branches thus far in 2024, the Central Bank of Nepal has hired ACI Worldwide to build a payment switch to enable interoperable card payments for merchants, and more.
By John AdamsFebruary 7 -
PayPal hopes to demonstrate its coin's utility by using it to take a stake in a company called Mesh.
By John AdamsFebruary 2 -
Banks can choose to only receive transactions instantly, and it's the most popular choice. Simply preferring to get paid faster isn't the reason.
By John AdamsFebruary 1 -
U.S. consumers remain healthy despite several factors that weigh on their spending, said CEO Michael Miebach.
By John AdamsJanuary 31 -
Visa will be the payment partner for the 2026 World Cup and other events, companies in Canada are teaming up to promote open banking for credit unions, and more.
By John AdamsJanuary 31 -
The institution is investing more in analytics as it faces pressure from rival banks and fintechs using automation to attract cost-conscious treasurers.
By John AdamsJanuary 30