Browsing: PaymentsSource

Key insights: Ant International is betting on iris-enabled biometric payments.  What’s at stake: As biometrics become more popular, payment companies are starting to invest in new options. Forward…

Key insights: Klarna has issued a stablecoin and extended its gift card scale.  What’s at stake: The Swedish financial institution is looking to build a market in…

Key insight: U.S. Bank’s stablecoin pilot is part of a broader trend in which banks are moving toward tokenized settlement.Supporting data: Stellar supports about 1,000 transactions…

Key insight: Green Dot, which commenced a review of its strategic options in March, said Monday that it will sell itself in two parts.Supporting data: Smith…

Key insights: Diebold Nixdorf has updated its ATM technology following its 2023 bankruptcy.What’s at stake: As cash usage wanes, ATM makers need to serve other needs. Forward…

Key insights: U.S. Bank launched the Split card, a Mastercard that turns purchases into three-month installment plans.What’s at stake: Buy now/pay later is gaining a larger…

Key Insight: Banks are struggling to supply retailers with pennies as circulation slows and federal agencies provide no guidance on how to cope.Supporting Data: Of the…

Key insights: Lloyds Banking finalized its controversial acquisition of Curve, a London-based digital wallet provider.What’s at stake: Apple has opened its mobile payments technology, creating room…

Key insights: Katie Oresar, BMO’s U.S. head of treasury and payment solutions sales, spoke with American Banker about her priorities leading a new team, the importance…

Key insights: BNY and Standard Chartered are both predicting digital assets will play a major role in payments and finance in the short term. What’s at stake:…