Payments

It may seem odd at first that Square is using the Cash app as a testbed for bitcoin, but if Square Cash is ever to distinguish itself from the bigger options in P-to-p, it needs to take risks that Square can't afford with its primary customer base.

Investors should ask questions about the market necessity of the coin, which economic model underpins it, and how transparent the company is being about its progress to date, writes Shidan Gouran, president and COO of Global Blockchain Technologies Corp.

Beyond the initial coin offerings — a fundraising process, similar to an IPO, in which blockchain companies sell crypto tokens instead of shares — and myriad science projects, is there anything substantive occurring with blockchain?

Credit unions based in California, Michigan, Illinois and South Carolina have rejoined the CUSO’s fold.

One of the risks of omnichannel shopping is showrooming, where consumers browse products in person at a store but purchase online from a rival at a better price. This problem has existed for years in the brick-and-mortar world, and the maturation of digital shopping has caused showrooming to spread to more retailers.

There's talk of a bubble, but cryptocurrency creates value in different ways, so traditional market analysis doesn’t work, writes Mariam Nishanian, a representative for Dentacoin.

As consumers’ personal information is compromised almost daily, hackers are increasingly targeting banks.

National Payment Corp. of Vietnam (NAPAS) and Ant Financial Services have signed a memorandum of understanding for a strategic partnership extending acceptance of Ant’s Alipay wallet to Vietnam.

Only a few banks have so far integrated with Amazon’s personal voice assistant service.

This week's first transaction over The Clearing House's Real-Time Payments system may be a huge step for speeding up payments in the U.S., but it also highlights the long road still ahead.

The most popular P-to-P schemes such as Venmo are still linked to an underlying payment card, meant to benefit “pull” payment incumbents, according to RPGC's Rene Pelegero.

Viewpoint's Henry Ferguson has heard the arguments against digitization firsthand, when checking with advisers who take the temperature of people in the construction industry.

Transit transactions will increase card use and loyalty, and will generate the same sort of reputational boost London enjoys with Oyster, writes Andrey Tikhonov, director of payment technology for Infinite Peripherals.

Barclaycard is piloting a service to deliver instant digital purchase receipts to customers through a partnership with fintech startup Flux, which launched last year with the aim of eliminating paper receipts.

PayPal has suspended the operations of TIO Networks, a bill-payment company it purchased earlier this year, following the discovery of security vulnerabilities that require investigation.

When a coder locked $150 million of digital currency stored in Parity digital wallets last week, many bankers probably saw it as another reason to ignore cryptocurrencies. Instead they should recognize the business opportunity (key custody) that the incident presents.

Citigroup is extending a technology program that's designed to cut excess out of international supply procurement.

For years, American Express has analyzed the more than $1 trillion in annual purchases taking place on its closed-loop network to better advise clients to formulate marketing programs.

HSBC Chairman Mark Tucker has met with shareholders and discussed takeovers of U.S. credit card businesses in his first month in office, the Sunday Times reported.

By learning from others’ mistakes, CUs may be in a position to make real strides forward in digital wallets, despite lackluster adoption rates seen in this space thus far.