Post Tagged with: "Mobile Payments"

Square Capital Loan Volume Grows 68% YoY, Replacing Need for a Credit Card

Square Capital Loan Volume Grows 68% YoY, Replacing Need for a Credit Card

by February 23, 2017 at 11:56 am 0 comments

Mobile payments company Square grew its gross payment volume 34% over last year, and its loans through Square Capital were up twice that — 68%. The San Francisco-based company processed $13.7 billion in payments in the fourth quarter of 2016, compared with $10.2 billion in the same quarter last year.Read More

Visa, IBM Partnership Is a Leap Forward for Cashless

Visa, IBM Partnership Is a Leap Forward for Cashless

by February 16, 2017 at 4:47 pm 1 comment

Behold, the rise of IoT—plus, the rise of the cashless economy? Visa, the payment processor responsible for over half of the world’s electronic transactions, will be integrating its credit card tokenization technology with Watson’s Internet of Things network. Watson is the crown jewel of IBM’s work in artificial intelligence, forRead More

Facebook Global Director to Talk Payment Partnerships at Bank Innovation

Facebook Global Director to Talk Payment Partnerships at Bank Innovation

by February 16, 2017 at 3:03 pm 0 comments

Kahina Van Dyke, global director of commerce & payment partnerships at Facebook, will be a featured speaker at Bank Innovation 2017, which takes place in San Jose on March 6-7. Van Dyke will participate in a fireside chat at the invitation-only event. Facebook has a market capitalization of $384.5 billion.Read More

PayPal Launches P2P Bot For Slack [VIDEO]

PayPal Launches P2P Bot For Slack [VIDEO]

by February 7, 2017 at 12:39 pm 1 comment

A new bot is born. PayPal today announced a chatbot that customers can use for P2P payments. But unlike the host of other companies, which have chosen to launch on the chatbot-heavy Facebook Messenger platform, PayPal’s bot will be hosted on Slack. The baby unicorn—Slack was founded in 2009 andRead More

Pay with Amazon Figures Highlights Importance of Prime Users

Pay with Amazon Figures Highlights Importance of Prime Users

by February 7, 2017 at 12:35 pm 1 comment

Those claiming subscription models can’t work in the digital age are probably ignoring Amazon Prime. The Pay with Amazon numbers are out today, and are of course climbing, an unsurprising development considering the majority of consumers that use it—which currently weigh in at 33 million—happen to be members of Amazon’sRead More

Even Visa Thinks There Are Too Many Mobile Wallets

Even Visa Thinks There Are Too Many Mobile Wallets

by February 3, 2017 at 11:05 am 1 comment

PayPal, Venmo, Google Wallet, Apple Pay, IBM Pay, Walmart Pay, Samsung Pay—the mobile wallet market just keeps on going and going, but according to Visa’s new CEO, that’s not necessarily what consumers want. Alfred F. Kelly, Visa’s new CEO, said on the company’s earnings call on Feb. 2: My personal viewRead More

Apple Sees ‘Record’ Growth in China; But Is Still in Ant’s Shadow

Apple Sees ‘Record’ Growth in China; But Is Still in Ant’s Shadow

by February 1, 2017 at 12:45 pm 1 comment

Apple’s plans for China seem to be going—well, going. During the company’s Q1 2017 earnings call yesterday, CEO Tim Cook reported record revenue for the quarter at about $78.4 billion. $7.2 billion of that was generated by revenue from Apple services—including digital content and services, AppleCare, and Apple Pay, whichRead More

Cryptocurrencies Look Toward a Cashless World for Mass Adoption

Cryptocurrencies Look Toward a Cashless World for Mass Adoption

by January 31, 2017 at 11:29 am 2 comments

Blockchain is here to stay, in some capacity or another, but what’s less clear is the fate of cryptocurrencies. Bitcoin, ether, Zcash, and like coins could fade into oblivion — or be the mainstream method of transaction in a future where the only physical bills remaining are behind museum glass.Read More

Button Begins Move Into Payments to Push M-Commerce Forward

Button Begins Move Into Payments to Push M-Commerce Forward

by January 30, 2017 at 9:51 am 1 comment

The goal of seamless m-commerce between apps is stuck on several factors, but one key hurdle is payments. Startup Button is looking at ways to fix this problem. With $20 million in new funding from Norwest Venture Partners, New York-based Button — which connects the mobile apps of commerce brands such asRead More

In MoneyGram, Ant Buys Into Old Payments

In MoneyGram, Ant Buys Into Old Payments

by January 26, 2017 at 2:59 pm 2 comments

Is Ant Financial hitching its global expansion to an antiquated payments wagon that is being undermined by a wide range of remittance startups? That appears to be case for Ant’s proposed $880 million acquisition of 72-year-old MoneyGram, which was announced today. Ant Financial is the financial service spin-off from Chinese e-commerce giantRead More