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 Wednesday, September 20, 2017
 
Recommended for you
Biometric Boom: Costcutter Becomes Global First To Offer Payment By Finger Vein
Forbes • Contributor, Madhvi Mavadiya
ShopClues goes after tier 2 & 3 customers with 50-80% off on several categories
The Economic Times of India • Chhavi Tyagi
Tuition Payments Made Intuitive And Even On The Fly(wire)
PYMNTS.com • Pymnts
Behind Worldpay Acquisition, Vantiv’s Strategy For Payments, Globally
PYMNTS.com • Pymnts
Credit Union’s Key To Survival: Listen, Learn, Repeat
PYMNTS.com • Pymnts
A guide to getting the most from India’s online shopping deals during its festive season
Quartz • Itika Sharma Punit
John Lewis helped itself to my money and I just can’t get it back
The Guardian • Anna Tims
Equifax Confirms Another 'Security Incident'
NPR • Merrit Kennedy
Young people 'face debt epidemic'
BBC • Judith Burns
Visa Vs. MasterCard: Which Is The Better Buy?
Seeking Alpha • Ploutos Investing
 
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Credit Cards, Credit Services
Biometric Boom: Costcutter Becomes Global First To Offer Payment By Finger Vein
ForbesContributor, Madhvi Mavadiya
Photo Credit: Shutterstock Costcutter has become the first supermarket in the world to offer payments using finger vein biometric technology. This is a groundbreaking step forward in the supermarket industry as well as the ever-growing and developing financial technology industry, more commonly...
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Credit Cards, Credit Services
ShopClues goes after tier 2 & 3 customers with 50-80% off on several categories
The Economic Times of IndiaChhavi Tyagi
NEW DELHI: Starting September 20, ecommerce player ShopClues is offering 50-80% discount on all major categories under its biggest sale event - Maha Bharat Diwali Sale . Expecting to meet a majority of its target of over 75% growth in business set...
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Credit Cards, Credit Services
Tuition Payments Made Intuitive And Even On The Fly(wire)
PYMNTS.comPymnts
In an interview with PYMNTS’ Karen Webster, Flywire CEO Mike Massaro said the back-to-school season thus far has been a strong one, with double-digit growth seen as students in one country decide to study in another. Consider China’s 10 percent growth in...
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Credit Cards, Credit Services
Behind Worldpay Acquisition, Vantiv’s Strategy For Payments, Globally
PYMNTS.comPymnts
We’re talking about payments. Lots of them. In a world where payment processing is slated to grow by as much as 33 percent annually over the next few years, as measured by Allied Market Research, the talent acquisition deal between Vantiv and...
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Credit Cards, Credit Services
Credit Union’s Key To Survival: Listen, Learn, Repeat
PYMNTS.comPymnts
For humans, the key to a longer life involves a healthy diet, exercise and a commitment to healthy living. For credit unions, the formula seems to be slightly different, although there’s still a decidedly human element to staying in business and helping...
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Credit Cards, Credit Services
A guide to getting the most from India’s online shopping deals during its festive season
QuartzItika Sharma Punit
It’s that time of the year again. Online retailers in India have kicked off the first leg of their annual festive season sales today (Sept. 20). Prominent e-commerce portals such as Flipkart.com, Amazon.in, Snapdeal.com, Shopclues.com, PaytmMall.com, and Myntra.com, among others, are offering...
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Payments
John Lewis helped itself to my money and I just can’t get it back
The GuardianAnna Tims
I have a John Lewis Partnership MasterCard and on my June/July statement I found £465.37 had been debited by the company as an “adjustment” to my account. I queried this and was advised that someone from customer service would get back to...
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Credit Cards, Credit Services
Equifax Confirms Another 'Security Incident'
NPRMerrit Kennedy
Equifax is already struggling to retain public trust after it waited at least a month to disclose a cyberattack that potentially impacted the personal information of millions of people.
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Credit Cards, Credit Services
Young people 'face debt epidemic'
BBCJudith Burns
Laura Davies, knows what it can be like to have to raid the overdraft to pay the childminder and borrow from family for accommodation. Now 27, she and her partner still live according to a spreadsheet. The Young Women's Trust says a...
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American Express Co, Bank of America
Visa Vs. MasterCard: Which Is The Better Buy?
Seeking AlphaPloutos Investing
Summary Visa and MasterCard are the leading retail electronic payment network players. Both companies have high operating margin and are able to grow its business at a fast pace every year. Both companies are expected to continue to grow as consumers shift...
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