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What Apple's pact with Stripe means for the point of sale

Tap to Pay on iPhone turns any of the tech giant's recent smartphones into a card reader, but since Apple doesn't provide its own merchant services, it stops short of becoming a direct threat to acquirers and payment facilitators.

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Experian, TransUnion bringing buy now/pay later loans into credit reports

The credit bureaus plan to add repayment data for installment loans, a move that can inform credit decisions and help answer regulators' questions about how such borrowing affects consumers' financial health.

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Visa nudges banks and credit unions to hop on crypto bandwagon

The card network's new cryptocurrency advisory service aims to help financial institutions catch up with companies like Square and PayPal by spotting opportunities to support stablecoins, nonfungible tokens and central bank digital currencies.

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Where Facebook's payments business stands without David Marcus

The former PayPal president was hired to bring an entrepreneurial spirit to the social network, and he helmed major projects such as the Diem stablecoin. His exit raises questions about the direction of the businesses he oversaw.

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What does Jack Dorsey's departure as Twitter CEO mean for Square?

The tech entrepreneur has been increasingly focused on Bitcoin, a key growth area for the payments company he co-founded.

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Amazon's fintech partnerships increase pressure on card networks

The e-commerce giant has threatened to ban Visa cards in the U.K., and its partnerships with the likes of Affirm and Venmo give it alternative ways to accept payments — and the means to make good on that ultimatum.

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Amazon, Square streamline payments as their push into banking ramps up

Amazon, Square streamline payments as their push into banking ramps up
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

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How Afterpay deal could transform Square


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Square's $29 billion deal to acquire the installment lender Afterpay provides new muscle — and a powerful buy now/pay later product — not only to Square's sellers, but to its popular consumer-direct business as well.
While there are many lenders in the global BNPL market, Square's biggest rival in this space is PayPal, which has benefited heavily from its merchant reach and brand recognition. Square is best known to merchants, but has had a lot of success adding consumer-facing services to its Cash App, which contributes
The Melbourne, Australia-based Afterpay is one of the few firms to control more than 10% of the U.S. buy now/pay later market. At Square, Afterpay will be the key driver in offering cross-border omnichannel BNPL that can serve both Square's consumer-facing and merchant services businesses.

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Bitcoin's wild Wednesday weakens its case for payments

Bitcoin's wild Wednesday weakens its case for payments
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

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Bitcoin's wild Wednesday weakens its case for payments

Bitcoin's wild Wednesday weakens its case for payments
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

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