Thursday , March 28, 2024

John Stewart

Starting as an editor on Bank Network News at Faulkner & Gray, John ultimately played a key role in starting, editing, and publishing many of F&G's flagship publications, including Credit Card Management, Card Technology, Card Marketing, and Collections & Credit Risk. Before co-founding Boland Hill Media, John was a group publisher at Thomson Media responsible for a $10 million division embracing magazines, newsletters, and Web sites.

The First Payments Provider Lines Up at Apple’s App Store Following a Federal Court Ruling

One of the first moves to bring a payment system not controlled by Apple Inc. to Apple’s App Store emerged Thursday and follows a landmark federal-court ruling last month. Paddle Ltd., a London-based payments provider, said it will begin offering the alternative Dec. 7, in line with the terms of …

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The Latest EMVCo Standards Update Aims at Broader—And Streamlined—User Authentication

Stronger authentication for voice-activated payments, as well as streamlined identity checks and support for a wider array of authentication technologies for online payments generally, are included in the latest version of EMVCo’s 3-D Secure standard, the global payments-standards body said Wednesday. EMVCo said its new update, version 2.3, responds to …

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A New Report From Accenture And Afterpay Casts Light on How Fast BNPL Is Taking Hold

On-the-spot installment lending, known now as buy now, pay later, has achieved such a high profile since the onset of the pandemic last year that observers are starting to calculate just how much consumer spending it’s accounting for—and how much risk it might pose for consumers and lenders. A report …

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Eye On iGaming: PayNearMe Launches MoneyLine, And Paysafe Teams With Intralot

The opportunity in online wagering, sometimes called iGaming, is attracting a wide array of payments providers as they adapt their online payments-processing capabilities for this emerging market. On Monday, PayNearMe Inc. launched MoneyLine, a service intended to make it easier for players to receive payouts and make deposits into their …

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What Can Payments Execs Expect From Chopra’s CFPB? ‘Very Aggressive Regulating,’ Say Some

Payments observers are expecting a tougher regulatory approach from the Consumer Financial Protection Bureau with the confirmation on Thursday of Rohit Chopra as executive director of the 10-year old federal agency. “The agency will likely return to the days of director Cordray,” predicts one close observer who asked not to …

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Account Takeover Attacks Are Taking a Toll on Financial Services Firms, Sift Reports

Financial-services firms, and fintechs particularly, have been swamped with account-takeover attacks over the past year, leaving many consumers wary of visiting these sites, according to a report issued Thursday by Sift Science Inc. Indeed, the volume of account-takeover attacks overall more than tripled between the second quarter of 2019 and …

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BitPay Pairs With Verifone to Bring Crypto Acceptance to More Stores

BitPay Inc. and Verifone Inc. early Tuesday said they are collaborating on a service that later this year will allow U.S. merchants using Verifone devices to accept as many as 11 cryptocurrencies in-store and online.  Consumers will be able to pay with a broad array of crypto wallets, including one …

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Eye On Open Banking: Plaid Supports New Payments Services for Nuvei And Circle

The rapidly expanding utility of open banking for instant funding came into sharp relief early Thursday with announcements from payments processors Nuvei Corp. and Circle Internet Financial Corp. Montreal-based Nuvei, which has been cultivating its stake in the U.S. gaming market, said consumers can now move money instantly from their …

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PayPal Launches Its ‘Super App’ With a Raft of Shopping, Payments, And Banking Features

PayPal Holdings Inc. on Tuesday launched a new version of its mobile app with a panoply of new shopping and financial features aimed at broadening the product’s appeal with consumers who are increasingly turning to online commerce. The big refresh, the first PayPal has executed on its digital wallet for …

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One Inc. Begins to Speed Insurance-Claims Payouts for Amerisure

Faster-payments providers have long identified insurance-claims payouts as a ripe market, and the business took big step in that direction with the announcement early Monday that the insurance carrier Amerisure has begun implementing ClaimsPay, a digital-payments platform from the 9-year-old fintech One Inc. The four-stage implementation is expected to replace …

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