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 Wednesday, July 26, 2017
 
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How AI Will Change the Way We Make Decisions
Harvard Business Review • Avi Goldfarb
Visa And Marqeta To Transform Global Card Issuance
PYMNTS.com • Pymnts
USAT Raises $43.1M In Underwritten Public Offering
PYMNTS.com • Pymnts
Wells Fargo - A Return To Ethical Banking?
Seeking Alpha • Mary Jane Fountain
Ottawa rejecting many expense claims from public servants with Phoenix payroll problems
CBC Radio-Canada • Ashley Burke
S.E.C. Issues Warning on Initial Coin Offerings
The New York Times • Nathaniel Popper
Economic Outlook: PayPal earnings: A boost from partnerships, but are the benefits already priced in?
MarketWatch • Caitlin Huston
Area high school students learn financial responsibility through Burbank City Federal Credit Union
Los Angeles Times • Priscella Vega
Chinese Fintechs Use Big Data To Give Credit Scores To The 'Unscorable'
Forbes • Contributor, Rebecca Feng
Prosecution and defense plan to rest in Martin Shkreli trial; closing arguments expected Thursday
CNBC
 
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Credit Cards, Credit Services
How AI Will Change the Way We Make Decisions
Harvard Business ReviewAvi Goldfarb
With the recent explosion in AI, there has been the understandable concern about its potential impact on human work. Plenty of people have tried to predict which industries and jobs will be most affected, and which skills will be most in demand....
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Credit Cards, Credit Services
Visa And Marqeta To Transform Global Card Issuance
PYMNTS.comPymnts
If the payments landscape is marked by entrenched players partnering with smaller firms making their mark in digital payments, add one more deal to the list. Visa announced news today of a global partnership with Marqeta, the open API issuer/processor platform that...
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Credit Cards, Credit Services
USAT Raises $43.1M In Underwritten Public Offering
PYMNTS.comPymnts
USA Technologies, the payment technology service provider of integrated cashless and mobile transactions in the self-service retail market, announced news Tuesday (July 25) of the closing of its underwritten public offering of 9,583,332 shares of its common stock at a public offering...
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American Express Co, Bank of America
Wells Fargo - A Return To Ethical Banking?
Seeking AlphaMary Jane Fountain
Summary Wells Fargo is a household name which has suffered a credit card sales scandal, seems to be gradually recovering from profit losses. The company intends to increase profit substantially in 2018 - 2019 from branch restructures. A combined cash flow projection...
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Credit Cards, Credit Services
Ottawa rejecting many expense claims from public servants with Phoenix payroll problems
CBC Radio-CanadaAshley Burke
Federal government officials promised they would reimburse public servants for out-of-pocket expenses directly caused by Phoenix payroll woes, but the government is denying much of what's being claimed by employees, documents show. Given the magnitude of the Phoenix payroll problem, the Treasury...
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Currencies, Finance
S.E.C. Issues Warning on Initial Coin Offerings
The New York TimesNathaniel Popper
The Securities and Exchange Commission took its first steps to rein in start-ups that have raised money by selling their own virtual currencies, a growing trend known as initial coin offerings. The agency said on Tuesday that it had concluded after an...
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Apple Inc, Credit Cards
Economic Outlook: PayPal earnings: A boost from partnerships, but are the benefits already priced in?
MarketWatchCaitlin Huston
Getty Images PayPal Holdings Inc. has been on an upswing lately, thanks to a slew of partnerships that could extend the company’s reach beyond that of a payment processor. While these partnerships may not be old enough to have a material impact...
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Banking, Credit Cards
Area high school students learn financial responsibility through Burbank City Federal Credit Union
Los Angeles TimesPriscella Vega
Area high school students learned about financial responsibility and mobile banking Monday during a program that also covered topics such as safety and fraud. The program, called Independent Advantage, was started 18 years ago by Burbank City Federal Credit Union, which hosts...
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Credit Cards, Credit Services
Chinese Fintechs Use Big Data To Give Credit Scores To The 'Unscorable'
ForbesContributor, Rebecca Feng
What can you do in 52 seconds? Internet juggernaut Alibaba can generate RMB 1 billion in sales for its annual online shopping carnival. Last November 11, China's so-called Singles' Day, sales across Alibaba platforms reached new heights: RMB 120 billion, or $17.9...
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Business Ethics, Credit Cards
Prosecution and defense plan to rest in Martin Shkreli trial; closing arguments expected Thursday
CNBC
Jurors could begin deliberating Shkreli's fate on Thursday.
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