Altcoins for the alt-right? Charlottesville's consequences for payments

In the wake of this weekend's violence in Charlottesville, Va., payments brands are working hard to disassociate themselves from the myriad groups promoting hate. A question that should come to mind right away is: Why were these hate groups even able to work with banks and payments companies as recently as last week?

White Paper Investing in top-down security to build a compliant business

It’s a story you’ll watch unfold time and time again. The breach. The headlines. The confusion. The public apologies. The finger-pointing. And it’s often followed by some form of the following: “But I was compliant.” Compliance is never enough. The challenges are understandable. Taking the path of least resistance is not.Read this white paper to learn the value of a holistic approach to security.

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Data security January 10
Billtrust turns to banks to consolidate business services

Billtrust has long relied on its sales force to approach businesses directly with accounts receivable technology, and it's turning to banks to automate more steps in the process of handling payments.

Payment processing John Adams 7h ago
Card rewards give banks a rare achievement — happy customers

Credit card issuers have been trying to outdo each other to offer the best rewards program. And it shows, as customer satisfaction rates with many (but not all) of their banks have never been higher in a yearly J.D. Power study. But they may not last forever.

Credit cards Andy Peters 10h ago
In Brief

PayThink

Open payment tech lowers merchant service costs

Ryan James
CEO
Surety Bank

In theory, businesses that want to run a payment service such as Stripe can sign up directly at their bank, with a competitive rate, writes Ryan James, CEO of Surety Bank.

PayThink Conference August 17
Tokenization can drive blockchain innovation

Jason English
Vice President
Sweetbridge

If tokenization can help us recapture liquidity not only for currencies, but by digitizing the value of all assets, time and work in a more flexible, fair exchange, that’s exciting, writes Jason English, vice president of protocol marketing for Sweetbridge.

PayThink Conference August 17
Community banks stand to gain from blockchain — if they work together

Jalal “Jay” Shehadeh
General Counsel
U.S. Century Bank

Collaboration will help make up for cost concerns from adopting the technology and ensure that the core vendors get the message of community banks’ interest.

PayThink Conference August 16

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The Latest

Contactless card payments soar in the U.K.

Cash is still the most popular payment method in the U.K., but contactless cards and mobile payments gained significant momentum over the past year, according to new data.

NFC Kate Fitzgerald 8h ago

NFC Kate Fitzgerald 8h ago
Block hate groups? It’s not so simple

Payment processors and banks are being called on to cut off funds to white supremacist groups, but there are practical and legal limits to what firms can do.

AML John Heltman 10h ago

AML John Heltman 10h ago
PayThink Open payment tech lowers merchant service costs

Ryan James
CEO Surety Bank

In theory, businesses that want to run a payment service such as Stripe can sign up directly at their bank, with a competitive rate, writes Ryan James, CEO of Surety Bank.

PayThink Conference August 17

PayThink Conference August 17
Investors pour money into security of the growing Internet of Things

The commercial potential of internet-connected devices appears bound only by imagination and comfort. For security companies, there's a similar broad horizon as watches, refrigerators and other everyday items become tools for payments.

Venture funding John Adams August 17

Venture funding John Adams August 17
8.17.17: Your morning briefing

Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Payments innovation advances in Singapore for young and old; Youth payment company Spriggy raises funds; Australia's post office teams with Mastercard for financial inclusion.

Briefing John Adams August 17

Briefing John Adams August 17
Millennials can be lured to credit cards by putting rewards within reach

Credit card issuers are still targeting high-spending customers, who tend to be resilient to economic swings, but competition at the top is brutal and marketing costs are high. At the other end of the credit spectrum, it’s a different story.

Credit cards Kate Fitzgerald August 17

Credit cards Kate Fitzgerald August 17

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In Pictures

7 rumored iPhone 8 payments features

With this year's iPhone announcement getting closer, more rumors are spreading about how Apple plans to overhaul the way its phones handle payments. Some of these have already been confirmed by Apple; others are leaking in code the company has released.

7 ways to reinvent the plastic card

From gold plating to silicon guts, the plastic card is not what it used to be. Here are some of the most ambitious attempts to make credit and debit cards relevant in a high-tech world.

7 plans for a faster U.S. payments system

A task force convened by the Federal Reserve released its evaluations last week of 16 proposals to build a faster U.S. payment system. What follows is a brief look at some of the plans that received high marks.

Resources

Web Seminar The compliance/usability conundrum for digital onboarding and payments

Balancing the competing needs of compliance against the expectations of today’s digital native customers is no easy task.

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Mobile banking
White Paper The key ingredients to a successful omni-channel banking strategy

Download this white paper to learn how to stay competitive by embracing an omni-channel banking strategy.

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Online banking July 31
White Paper Encashing the data currency: Banking on analytics

Download this white paper to learn how to analytics are making retail banks more customer friendly, safe and efficient.

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Online banking July 31
White Paper The FinTech revolution: Onslaught or opportunity?

Download this white paper to learn how banks are prioritizing tech considerations in the FinTech revolution.

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Online banking July 31

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