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 25, 2017
 
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How To Avoid The 4 Nastiest Tax Scams
Forbes • Contributor, John Wasik
Barclays apologises for cash machine and debit card faults
BBC
Barclay's customers left fuming as the computers crash
Daily Mail • Mailonline, Rebecca Taylor
Possible Reasons My Credit Card Was Declined at the Apple Store
The New Yorker • Alex Watt
Caregiver accused of defrauding elderly women may have had other victims: police
Global News • Annabelle Olivier
Entrepreneurs Don't See Business Financing the Way Lenders Do and It's Costing Them
Entrepreneur Magazine • Lisa Stevens
Here’s the Size of the Average American’s Mortgage
Fool.com: The Motley Fool • Jordan Wathen
Ohio A-G settles with charity scam artist
The VW independent • Dave
Forget the Amex Black Card -- Here Are 3 Better Credit Card Deals
Fool.com: The Motley Fool • Matthew Frankel
4 credit card trends for 2017 and what they mean for you
Los Angeles Times • Claire Tsosie
 
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Credit Cards, Credit Services
How To Avoid The 4 Nastiest Tax Scams
ForbesContributor, John Wasik
Taxes needn't be tough. When you boil it down, if you're preparing your taxes, you compile everything you can deduct and try to save as much as you can. But thieves know that they can get into your financial life by pressing...
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Credit Cards, Credit Services
Barclays apologises for cash machine and debit card faults
BBC
Barclays has apologised after customers reported problems using cash machines, debit cards and phone banking. The bank said "everything" was now "back up and running" after a "systems issue" had been fixed. The problems left some customers unable to withdraw money from...
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Credit Cards, Credit Services
Barclay's customers left fuming as the computers crash
Daily MailMailonline, Rebecca Taylor
Scores of Barclay's customers were left unable to withdraw money after the bank's servers crashed on Saturday afternoon. Customers found their cards were being declined in stores and in cash points around the country for approximately 90 minutes. Some were even told...
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Apple Inc, Credit Cards
Possible Reasons My Credit Card Was Declined at the Apple Store
The New YorkerAlex Watt
The card got damaged when I walked into a plate-glass wall. Ordering a replacement plate-glass wall was flagged as suspicious activity. I only saw the Ashton Kutcher Steve Jobs movie. I didn’t want to shop on an empty stomach, so I spent...
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Credit Cards, Credit Services
Caregiver accused of defrauding elderly women may have had other victims: police
Global NewsAnnabelle Olivier
Montreal police have reason to believe that a young woman accused of defrauding two seniors of several thousand dollars, may have targeted others as well. Krystal Jasmine Bullock was arrested Wednesday and appeared in Quebec court Friday afternoon where she was charged...
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Credit Cards, Credit Services
Entrepreneurs Don't See Business Financing the Way Lenders Do and It's Costing Them
Entrepreneur MagazineLisa Stevens
Starting a business is no easy feat. Many entrepreneurs are experts in the products and services they offer, but running a company requires a wide range of duties. This can include topics well beyond their expertise, such as making key decisions about...
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Credit Cards, Credit Services
Here’s the Size of the Average American’s Mortgage
Fool.com: The Motley FoolJordan Wathen
Americans have a lot of mortgage debt. In all, financial institutions in the U.S. hold about $10 trillion of mortgage debt on family residences. To put that in perspective, mortgage debt stands about seven times larger than student loan debt, and about...
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Credit Cards, Credit Services
Ohio A-G settles with charity scam artist
The VW independentDave
Submitted information COLUMBUS — Ohio Attorney General Mike DeWine announced a settlement with a former clergyman who previously lived in Steubenville and who was accused of creating and using a charity primarily to pay for personal expenses. Under the settlement, John Sillup...
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American Express Co, Credit Cards
Forget the Amex Black Card -- Here Are 3 Better Credit Card Deals
Fool.com: The Motley FoolMatthew Frankel
When it comes to exclusivity, prestige, and over-the-top benefits for cardholders, you're not going to find a credit card that beats the American Express Centurion, better known as the Amex black card. However, not everyone needs the benefits of the Centurion --...
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Credit Cards, Credit Services
4 credit card trends for 2017 and what they mean for you
Los Angeles TimesClaire Tsosie
In 2016, high-end credit cards attracted a lot of attention with generous rewards and perks. But this year, issuers are going back to basics — and perhaps charging you more in the process. Here are four credit card industry trends taking shape...
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