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, April 25, 2017
 
Recommended for you
The 6 Biggest Credit Mistakes Millennials Are Making
Forbes • Maya Kachroo-Levine, Women@Forbes
When there's too much month at the end of the money
American Banker • Alan Kline
Non-wealthy consumers need financial innovation, too
American Banker • Jonathan Morduch
Banks Get Personal in Their Marketing
The Wall Street Journal • Emily Glazer
Ant Financial's Great Mobile Payments Race
Seeking Alpha • Karen Webster
Overnight Regulation: Feds delay prepaid card rule by 6 months
The Hill • Tim Devaney
The Challenges China's Booming Fintech Sector Will Need To Tackle For Longterm Growth
Forbes • Contributor, Sara Hsu
Dividend Update - March 2017
Seeking Alpha • Passive Income Pursuit
Will House Financial Services do right by consumers – or banks?
The Hill • Opinion Contributor, Rahim Budhwani
An omnichannel overhaul in 5 steps
American Banker • Penny Crosman
 
Recommended for You
Credit Cards, Credit Services
The 6 Biggest Credit Mistakes Millennials Are Making
ForbesMaya Kachroo-Levine, Women@Forbes
When it comes to protecting your credit score, an ounce of prevention is definitely worth a pound of cure.
Share
FinTech, Finance
When there's too much month at the end of the money
American BankerAlan Kline
For one blackjack dealer at a Mississippi casino, responsible money management requires some clever strategy. “Janice” earns about $26,000 a year, but her income can fluctuate significantly from one month to the next. She has a checking account, but cut her debit...
Share
Credit Cards, Credit Services
Non-wealthy consumers need financial innovation, too
American BankerJonathan Morduch
It is tempting, but dangerous, to assume that Americans’ financial trajectories trace steady climbs, their upward momentum stymied only by big events like lost jobs or medical emergencies. Instead, the households we got to know in our yearlong financial diaries’ research —...
Share
Bank of America, Banking
Banks Get Personal in Their Marketing
The Wall Street JournalEmily Glazer
Banks know more about their customers than ever, and increasingly are trying to get more use out of that information. The results can be convenient, or just creepy. Banks can look at customers’ debit-card and credit-card transactions, online-bill payments and account activity...
Share
American Express Co, Credit Cards
Ant Financial's Great Mobile Payments Race
Seeking AlphaKaren Webster
Summary Ant's multi-billion dollar investments outside China could help it leapfrog the global card networks by creating an interoperable mobile financial services network. To avoid the "made in China" syndrome, Ant decided to acquire native brands in the countries it's targeting. But...
Share
Business Ethics, Energy Regulation
Overnight Regulation: Feds delay prepaid card rule by 6 months
The HillTim Devaney
Welcome to Overnight Regulation, your daily rundown of news from the federal agencies, courts, Capitol Hill, and beyond. It's Monday evening here in a wet Washington where lawmakers are trickling back into town after a two-week recess with only days to prevent...
Share
Credit Cards, Credit Services
The Challenges China's Booming Fintech Sector Will Need To Tackle For Longterm Growth
ForbesContributor, Sara Hsu
China’s financial technology sector is taking off, allowing customers to easily make payments, obtain loans and invest online. In fact, global fintech venture capital investment has driven China’s industry, as financial technology overtakes traditional banking channels as a complement to technological changes....
Share
Credit Cards, Credit Services
Dividend Update - March 2017
Seeking AlphaPassive Income Pursuit
Summary Keeping tabs on the dividends I receive each month to track my progress towards financial independence. Dividend growth investing provides a positive portion of return each and every month. March 2017's dividends saw a 2.9% decrease from December 2016, but a...
Share
American Express Co, Bank of America
Will House Financial Services do right by consumers – or banks?
The HillOpinion Contributor, Rahim Budhwani
The House Financial Services Committee on Wednesday will begin discussing a plan to take the $30 billion in consumer savings from debit-card reform and start putting it back in the pockets of big banks. An amendment to the Dodd-Frank law, debit reform...
Share
Credit Cards, Credit Services
An omnichannel overhaul in 5 steps
American BankerPenny Crosman
U.S. Bank and Bank of Montreal have begun multiyear overhauls of their websites, mobile apps, call centers and ATMs. Each recently gave an in-depth look at its efforts to modernize and unify these nonbranch retail channels and explained its thinking. Other banks,...
Share