John Adams is executive editor of payments for American Banker.
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The pending acquisition is one of several large deals involving payment companies in recent years as legacy firms look for combinations that can counter newer fintech rivals.
By John AdamsMay 6 -
Curve, a London-based fintech, has added a mobile wallet to its flagship product that lets consumers switch cards after the point of purchase.
By John AdamsMay 5 -
As Trump's trade war causes politically influenced shifts, the card brand contends it is set to pick up volume in non-American corridors.
By John AdamsMay 1 -
PayPal and Circle are among the companies pushing the rapidly growing payment-friendly cryptocurrency as a catalyst to use other services.
By John AdamsApril 30 -
The card network took a 3% stake in Corpay to improve international payment processing for corporate clients, while also pushing technology that aims to drastically reduce the need for human supervision of artificial intelligence.
By John AdamsApril 30 -
During the payment company's earnings call, CEO Alex Chriss said "we can be a place to come in times of need."
By John AdamsApril 29 -
Supply-chain woes, inflation and skittish travelers are just a few of the tariff-driven factors pressuring PayPal, Visa and Mastercard during upcoming earnings calls.
By John AdamsApril 28 -
As the president's policy changes on a dime, machine learning can quickly alter strategies for compliance, payments and supply-chain management.
By John AdamsApril 28 -
The USDC issuer is trying to connect financial institutions across borders for instant settlement, an industry goal that has proven elusive.
By John AdamsApril 24 -
A federal judge in California blocked rules requiring disclosures for payments near the Mexico border; Stripe has added more products as it bolsters investments in Asia; and more in the weekly global roundup.
By John AdamsApril 23