What We’ve Been Reading: Retailers Make Moves in Payments, Faster Payments Gain Steam

Posted by Bethany Frank on 27 Jan 2017

the latest news in payments and fintech

Check out the latest in payments and financial technology news from around the web:

In a coordinated effort with the Federal Reserve, online payment provider Dwolla is aiming to achieve real-time payments within three years.

Billers are winning the battle for bill payments with banks by offering more payment options.

Amazon Go has the potential to revolutionize how consumers shop and pay for food.

The payment processing giant reported a 16.6% rise in quarterly revenue and other gains in 2016.

Following the lead of Kohl’s and Walmart, Target is set to become the third major retailer to offer a proprietary mobile payments platform.

Although Thailand’s new national digital payments system may lead to some revenue loss for banks, the savings may end up being greater.

Payments via Facebook Messenger, which took off in the US last year, is set to become available in European markets shortly.

The Federal Reserve issued a 62-page report outlining potential improvements to the US payments system to make it faster and more secure.

Bolstered by an enthusiastic millennial market, banks are having a hard time catching up and competing with the PayPal-acquired startup.

A new product will enable wearable technology providers to better incorporate secure payments into their products.

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Bethany Frank Senior Marketing Associate Bethany specializes in content and events as part of Alacriti's marketing team. She's a graduate of Rutgers University and has a background in writing, broadcasting, and digital media. Fascinated by the intersection of technology and human nature, Bethany is out to explore what drives consumers in such a fast-paced, digitally connected world.

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