Payment Systems News

To help you stay on top of developments that are changing the way we pay for goods and services, Wiser has created a payment systems news email. It is delivered to your inbox once a day and features the best articles on the topic from around the web. Down through history the way payments have been made and received has changed. Bartering gave way to currency which lasted for centuries until technology developed electronic methods of payment. These payment systems include electronic transfers and payments by debit and credit cards. Electronic payment systems have become more popular, and have moved on to contact-less payments and payment through personal mobile devices. But new technologies are changing payment systems even further. One change is the introduction of non-traditional financial institutions to control the networks. An example of this is using the technology company PayPal rather than a traditional bank. And this is moving even further with systems that remove the middleman altogether - an example of this is Bitcoin. To stay up-to-date with payment systems news and with developments in the technology and regulatory system, sign up for the free Wiser email digest.

Recent Payment Systems News Coverage
 
Your Weekly Recommendations Tuesday, November 21, 2017
 
Recommended for you
Uber paid $100,000 to cover up the 2016 hack of 57 million customers
BGR • Yoni Heisler
Whitefish Energy won’t finish its work in Puerto Rico until it’s paid $83 million.
Grist • Kate Yoder
THE POINT-OF-SALE APP MARKETPLACES REPORT: How payments firms are upgrading their service offerings to meet evolving merchant demands
Business Insider • Ayoub Aouad
Hundreds of websites record your every keystroke without you knowing
The Next Web • Inés Casserly
Contractor for Puerto Rico Power Suspends Work, Citing Unpaid Bills
The New York Times • Frances Robles
Citi hit with $6.5 mln in U.S. fines over student loans
Daily Mail • Reuters
STOCKS RISE: Here's what you need to know
businessinsider.com.au • Andy Kiersz
PayPal Sellers Can Now Send Invoices to Buyers Directly via Facebook Messenger
Adweek • Adweek Staff
Interswitch names Kenneth Olisa chairman
Finextra
The most absurd Black Friday fails throughout the years
Business Insider • Susanna Heller
 
Recommended for You
Credit Cards, Credit Services
Uber paid $100,000 to cover up the 2016 hack of 57 million customers
BGRYoni Heisler
Uber just can't seem to stay out of the news. Even with a newly minted CEO dead-set on tidying up the company's tarnished reputation, Uber still manages to find itself embroiled in scandal after scandal. The most recent addition to Uber's growing...
Share
Credit Cards, Credit Services
Whitefish Energy won’t finish its work in Puerto Rico until it’s paid $83 million.
GristKate Yoder
you get what you pay for After Puerto Rico canceled its controversial contract with the small Montana company last month, Whitefish had agreed to continue repairs on the island’s devastated grid until Nov. 30. But on Monday, the company paused work 10...
Share
Credit Cards, Credit Services
THE POINT-OF-SALE APP MARKETPLACES REPORT: How payments firms are upgrading their service offerings to meet evolving merchant demands
Business InsiderAyoub Aouad
BII In an increasingly digitized world, brick-and-mortar retailers are facing immense pressure to understand and accommodate their customers’ changing needs, including at the point of sale (POS). More than two years after the EMV liability shift in October 2015, most large merchants...
Share
BBC America, Credit Cards
Hundreds of websites record your every keystroke without you knowing
The Next WebInés Casserly
Hundreds of websites record your scrolling behavior, clicks and movements according to a study recently carried out at Princeton University. Among these are The Guardian, Reuters, Samsung, AlJazeera and WordPress.com. Most of us are aware that our searches, page views and even...
Share
Credit Cards, Credit Services
Contractor for Puerto Rico Power Suspends Work, Citing Unpaid Bills
The New York TimesFrances Robles
With less than half the power on Puerto Rico restored two months after a deadly hurricane hit the island, the company hired to help bring back the electricity is “standing down,” it said, because it is owed tens of millions of dollars...
Share
Credit Cards, Credit Services
Citi hit with $6.5 mln in U.S. fines over student loans
Daily MailReuters
WASHINGTON, Nov 21 (Reuters) - The U.S. Consumer Financial Protection Bureau (CFPB) said on Tuesday it had ordered Citibank to pay $6.5 million for allegedly harming borrowers with student loan servicing failures. The agency said it ordered Citibank to end illegal loan...
Share
Credit Cards, Credit Services
STOCKS RISE: Here's what you need to know
businessinsider.com.auAndy Kiersz
US stocks rose early on the second day of a holiday-shortened week and held onto those gains for the rest of the session. The S&P 500 rose about 0.7%, the Dow Jones industrial average was also up about 0.7%, and the tech-heavy...
Share
Credit Cards, Credit Services
PayPal Sellers Can Now Send Invoices to Buyers Directly via Facebook Messenger
AdweekAdweek Staff
PayPal sellers can now send invoices to buyers via Facebook Messenger. PayPal director of product, next-generation commerce Shilpa Dhar detailed the new chat extension for Messenger in a blog post, saying that sellers can now create and send invoices complete with prices...
Share
Accenture, Credit Cards
Interswitch names Kenneth Olisa chairman
Finextra
Interswitch, the leading Africa-focused integrated digital payments and commerce company, is pleased to announce the appointment of Kenneth Olisa OBE, FRSA, FBCS, as its new Chairman, succeeding Adedotun Sulaiman, MFR. This appointment follows the recent minority investment by TA Associates in Interswitch...
Share
Credit Cards, Credit Services
The most absurd Black Friday fails throughout the years
Business InsiderSusanna Heller
The crowds are unreal.Gunnar Rathbun/Invision for Walmart/AP Images Black Friday is the biggest shopping day of the year, and all kinds of crazy things happen when shopping malls are open for nearly 24 hours. Retail employees see it all: the good, the...
Share