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 Monday, March 27, 2017
 
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NXT-ID to acquire Fit Pay
Finextra
Mother who spent £20,000 on company credit spared jail
Daily Mail • Alex Matthews, Mailonline
As payment networks expand, you can buy more than burgers with Venmo
Los Angeles Times • James Rufus Koren
Over 24 companies want collaboration with India Post Payments Bank: Manoj Sinha
India.com • Zeeshan Shaikh
1 Time When Balance-Transfer Credit Cards Don't Make Sense
Fool.com: The Motley Fool • Nathan Hamilton
Square Chip Readers Get Speed Boost
PYMNTS.com • Pymnts
Card Companies Will Negotiate Annual Fees With Consumers
PYMNTS.com • Pymnts
10 Reasons Bank of America Could Be the World's Most Perfect Stock
Fool.com: The Motley Fool • Sean Williams
Picking the right credit card processor: A look at the variables - CNET
CNET • Natalie Gagliordi
First Global and Zoompass form payments pact
Finextra
 
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Credit Cards, Credit Services
NXT-ID to acquire Fit Pay
Finextra
NXT-ID, Inc. (NASDAQ: NXTD) ("NXT-ID" or the "Company"), a security technology company, and Fit Pay, Inc., a privately held provider of payment, credential management, and authentication platform services, today announced that the companies have entered into Letter of Intent to combine their...
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Asthma, Credit Cards
Mother who spent £20,000 on company credit spared jail
Daily MailAlex Matthews, Mailonline
A single mother who spent £20,000 on her company credit card to support her four-year-old daughter has been spared jail. Accounts administrator Chanelle Dacas, 30, from Streatham in south London, was handed a Barclaycard by statistics company Football Radar between May and...
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Bank of America, Credit Cards
As payment networks expand, you can buy more than burgers with Venmo
Los Angeles TimesJames Rufus Koren
Mobile payment apps are easy ways for people to send money to each other — digital replacements for the cash used to pay back a friend for beers or the $50 birthday check to your granddaughter. But some peer-to-peer, or p2p, payment...
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Banking, Credit Cards
Over 24 companies want collaboration with India Post Payments Bank: Manoj Sinha
India.comZeeshan Shaikh
New Delhi, March 27: Government has said that there are many companies who have approached the Department of Posts for collaboration with India Post Payments Bank. Replying to a question in the Rajya Sabha, the Minister of Communications Shri Manoj Sinha said...
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Credit Cards, Credit Services
1 Time When Balance-Transfer Credit Cards Don't Make Sense
Fool.com: The Motley FoolNathan Hamilton
Getting out of debt fast is a goal for many cardholders carrying high-interest balances, and we're advocates for doing so. Not only does your personal balance sheet improve, but stress levels stand to also improve, as paying costly debt bills each month...
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Credit Cards, Credit Services
Square Chip Readers Get Speed Boost
PYMNTS.comPymnts
Despite the security and authentication benefits, timeliness is not part of EMV’s wheelhouse. As card swipes turned to chip insertions across the U.S., lines got longer and customers got more frustrated. Recently, to combat long lines and payments fatigue, financial, merchant service...
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Credit Cards, Credit Services
Card Companies Will Negotiate Annual Fees With Consumers
PYMNTS.comPymnts
As it turns out, when it comes to the subject of the annual fees charged to consumers to use credit cards — card companies are willing to negotiate with consumers who ask over 80 percent of the time. That data comes care...
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Bank of America, Banking
10 Reasons Bank of America Could Be the World's Most Perfect Stock
Fool.com: The Motley FoolSean Williams
During the height of the Great Recession, shareholders in bank stocks were taken for quite the ride. Bank of America (NYSE:BAC), which is one of the largest banks by deposits in the U.S., saw its shares dip by more than 90% from...
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American Express Co, Credit Cards
Picking the right credit card processor: A look at the variables - CNET
CNETNatalie Gagliordi
When Corey Mullins first decided to find a credit card processor for his Louisville, Kentucky-based landscaping business, it was all about name recognition. "In terms of research, I did none essentially," Mullins said. "I basically decided I needed to do it and...
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Payments
First Global and Zoompass form payments pact
Finextra
First Global Data ("First Global" or the "Company") is pleased to announce that it has entered into a Letter of Intent ("LOI") with Zoompass Inc. ("Zoompass"), a wholly-owned subsidiary of Zoompass Holdings Inc, and an OTCQB listed company. The companies intend to...
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