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 Saturday, February 24, 2018
 
Recommended for you
Could credit-card companies ban gun sales?
MarketWatch • Maria Lamagna
Citigroup Is Refunding $335 Million to Credit Card Customers
Fortune Magazine • Bloomberg
Are you taking home too much pay?
The Week
Punjab National Bank says Virat Kohli continues to be its brand ambassador
The Economic Times of India • Ians
Feb. 24: The Unsung History Book Hero
PYMNTS.com • Pymnts
'The not so golden years' — a quarter of retired Canadians in debt, survey suggests
CBC Radio-Canada • Rajeshni Naidu-Ghelani
‘Lloyds ruined my trip of a lifetime’
The Guardian • Simon Hattenstone
Stelios Haji-Ioannou’s new ‘easyIsa’ offers a 4% return
The Guardian • Rupert Jones
Metro bank refuses to refund scammed customer
The Guardian • Miles Brignall
‘I’m 37, I’m dying and this is how I spend it’
The Guardian • Patrick Collinson
 
Recommended for You
American Express Co, Bank of America
Could credit-card companies ban gun sales?
MarketWatchMaria Lamagna
If government officials won’t curb gun sales in the U.S., could companies that handle the payments for guns do it? That’s the idea Andrew Ross Sorkin, a columnist for The New York Times, suggested, as Americans debate gun-control laws a week after...
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Bank of America, Citigroup Inc
Citigroup Is Refunding $335 Million to Credit Card Customers
Fortune MagazineBloomberg
Citigroup Inc., one of the world’s largest credit-card issuers, said it will refund $335 million to U.S. customers whose annual percentage rate should have been lower. The lender determined that a method it was using to calculate APRs didn’t properly reflect the...
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Credit Cards, Credit Services
Are you taking home too much pay?
The Week
Here are three of the week's top pieces of financial advice, gathered from around the web: Are you taking home too much pay? "Check your paycheck — you might be getting too much money," saidMichelle Singletary at The Washington Post. With the...
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Credit Cards, Credit Services
Punjab National Bank says Virat Kohli continues to be its brand ambassador
The Economic Times of IndiaIans
NEW DELHI: The $1.8 billion fraud hit Punjab National BankBSE -1.09 % (PNB) has said that Indian skipper Virat Kohli continues to be its brand ambassador. "There are reports in the media that Virat Kohli, Bank's brand ambassador is going to discontinue...
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Credit Cards, Credit Services
Feb. 24: The Unsung History Book Hero
PYMNTS.comPymnts
Some days live in infamy — Dec. 7, 1941, for example, which is the day that will live in infamy. Others are symbolic for other reasons. Everyone may not know that the Ides of March means March 15, but there are very...
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Aging, Credit Cards
'The not so golden years' — a quarter of retired Canadians in debt, survey suggests
CBC Radio-CanadaRajeshni Naidu-Ghelani
A "worry-free retirement" may be a thing of the past, according to a new Sun Life Financial survey, which finds that a quarter of retired Canadian are in debt in their golden years. About 25 per cent of the 750 Canadians polled...
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Credit Cards, Credit Services
‘Lloyds ruined my trip of a lifetime’
The GuardianSimon Hattenstone
Congratulations to Lloyds Bank for launching a timely mental health awareness campaign this month. In the Channel 4 adverts, famous people (including Jeremy Paxman and Victoria Pendleton) and members of the public, wear sticky notes on their heads featuring words and phrases...
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Banking, Credit Cards
Stelios Haji-Ioannou’s new ‘easyIsa’ offers a 4% return
The GuardianRupert Jones
His business empire spans everything from low-cost flights, hotels and buses to coffee shops, dog-walking and groceries. Now Sir Stelios Haji-Ioannou is moving into the world of savings and investment with an Isa paying a headline-grabbing 4.05%. But this is far from...
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Credit Cards, Credit Services
Metro bank refuses to refund scammed customer
The GuardianMiles Brignall
Metro bank is one of the fastest-expanding new banks in Britain, aiming for 100 branches. But what if your account falls victim to fraud? One customer says he is outraged after Metro refused to refund £20,000 stolen from his account, despite accepting...
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Credit Cards, Credit Services
‘I’m 37, I’m dying and this is how I spend it’
The GuardianPatrick Collinson
I live in the East End of London and own my flat. I have a brain tumour. I’m dying – it’s inoperable, and I’m halfway through my third round of chemo. I try to live my life to the full, in four-week...
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