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Barclays US Taps Ex-Capital One Exec To Lead Cards And Payments Business

PYMNTS

Barclays announced that it has appointed Shane Holdaway as the company’s CEO of its cards and payments division in the U.S. For the past five years, Holdaway was the president of Capital One’s Canadian division, and played a leading role in the company becoming the exclusive credit card issuer for Costco Wholesale Canada.

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Mobile Payments Amnesia And CVS’ M-Pay Entrance

PYMNTS

Why do mobile payment users choose another method if they have taken the trouble to load their card data? There is a difference in the choice of debit or credit card as a funding source among users. Meanwhile, only 44 percent of Apple Pay users prefer to use a debit card as a funding source and 50 percent use a credit card.

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CVS Pay Joins The M-Pay Bandwagon

PYMNTS

Brian Tilzer, CVS’ senior vice president and chief digital officer, says that the brand is “excited” by the rate of consumer adoption observed so far. Customers just need to add their credit or debit cards’ information into the CVS Pharmacy app, as well as HSA and FSA accounts if appropriate. CVS designed CVS Pay to be easy to use.

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Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

Here are the latest innovative ways companies are harnessing the power of global blockchain. Gift cards and loyalty programs. Blockchains can help retailers offering gift cards and loyalty programs to make those systems cheaper and more secure. Blockchain & Bitcoin Research Briefing. Cybersecurity.