Friday , November 22, 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.

Stripe Says It Is Remolding Bank Transfers to Ease Acceptance by Businesses

Stripe Inc. has introduced a direct-transfer product that it says allows users to send payments from their bank accounts to businesses without the account-reconciliation headaches that have historically plagued wire transfers. The new service is now available in the United States, Mexico, and the European Union, having been launched in …

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Payveris Adds Mobile, Text, Apps, And Other Popular Options for Loan Payments to Banks

Citing a gap in the market for real-time loan repayments to financial institutions, bill-payment provider Payveris has launched Loan Payments, a service that can handle payments on debit cards and via the automated clearing house, as well as in cash. The new service comes in response to what the Cromwell, …

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Walmart Forges a Path for Streaming Commerce in a Deal With Roku

Walmart Inc. has found another electronic outlet for its merchandise. The retailing giant announced late Thursday it will sell so-called featured products on Roku Inc.’s streaming service, with payments handled by Roku Pay. San Jose, Calif.-based Roku claims to be the largest U.S TV streaming service by hours streamed. Well-known …

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In a Volatile Crypto Market, An Online Bazaar for Collectibles Adopts Circle’s USDC

At a time when the values of Bitcoin and other cryptocurrencies are collapsing, interest in the utility of stablecoins for payments appears to be on the rise. On Wednesday, a blockchain-based online marketplace called Dibbs said it had integrated with Circle Internet Financial LLC to allow buyers to use Circle’s …

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With Pay Monthly, PayPal Expands Its BNPL Platform to Bigger Buys, Longer Terms

The buy now, pay later trend is getting hotter with the summer. PayPal Holdings Inc. announced early Wednesday it will offer a plan allowing consumers to split large purchases over a period of six to 24 months. The monthly payments will incur interest and will apply to transactions valued between …

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AmEx Will Offer A Crypto Rewards Card Later This Year in Tandem With Abra

Abra, a financial-services company specializing in digital assets, and American Express Co. have announced they will offer a rewards credit card that will let users pay with U.S. dollars but earn rewards in cryptocurrency. The new card, expected to debut late this year, will feature benefits such as Amex Offers, …

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Circle Internet Bids for Taiwan’s Cybavo in a Move to Boost Its Digital Dollar Stablecoin

Circle Internet Financial Ltd. said early Friday it has agreed to acquire Cybavo, a Taiwan-based developer of tools for digital-asset custody and blockchain development. The Boston-based company, perhaps best known as the developer of USD Coin, a stablecoin linked to the U.S. dollar, said the acquisition will provide the technical …

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Apple’s Decision to Self-Finance Its BNPL Offering Raises Key Questions, Observers Say

When Apple Inc. on Monday announced Apple Pay Later, its buy now, pay later program, the computing giant added an unexpected twist. The new program will not rely for financing on Goldman Sachs, Apple’s long-time partner for Apple Pay. Rather, Apple is setting up its own unit, to be called …

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How Phishing Groups Are Exploiting the Trend Toward Online Surfing at the Kitchen Table

The pandemic sent workers home to work, and online criminals have been quick to take advantage of that mass migration. Phishing attacks are now at a record high, with incidents in the first quarter breaching 1 million for the first time, according to a report released Tuesday by the Anti-Phishing …

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Apple Makes It Official: With Apple Pay Later, It’s Jumping With Both Feet Into the BNPL Fray

Apple Inc.’s sneak peek at its iOS16 operating system on Monday included the news that the new version will include Apple’s widely expected entry in the hot buy now, pay later market. Available in the U.S. market, Apple Pay Later will be accepted at all places that take Apple Pay …

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