Post Tagged with: "Mobile Payments"

BankMobile Partners with Vasco for Safer Mobile Transactions

BankMobile Partners with Vasco for Safer Mobile Transactions

by December 9, 2016 at 12:01 pm 0 comments

BankMobile, a mobile-first U.S. bank, has partnered with digital identity security firm Vasco Data Security for more secure mobile transactions through the use of multifactor authentication. BankMobile customers will route their transactions through Vasco’s Digipass for Apps solution as well as its RASP (Runtime Application Self-Protection) solution, both of which areRead More

China is the Global Center for Fintech Innovation, says Report

China is the Global Center for Fintech Innovation, says Report

by December 7, 2016 at 11:00 am 0 comments

China has outstripped fintech hubs like London, New York, and Silicon Valley, and is now the global leader in financial innovation, according to a new report released by financial service firm EY and DBS Insights. According to the Rise of Fintech In China report, China has experienced an explosive growth periodRead More

Amazon Go Stores Will Not Have Checkout Counters [VIDEO]

Amazon Go Stores Will Not Have Checkout Counters [VIDEO]

by December 5, 2016 at 10:41 am 0 comments

Amazon released a video today promoting its Amazon Go stores and their “Just walk out” technology. Users check in with their apps at the door and then fill their shopping bags and leave. For now there is just one store and it’s in Seattle and only open to Amazon employees,Read More

Tech Veteran To Lead Starbucks Into ‘Digital World’

Tech Veteran To Lead Starbucks Into ‘Digital World’

by December 2, 2016 at 11:40 am 1 comment

Starbucks is about to get even more digital. The coffee giant announced a major executive shift yesterday: longtime CEO Howard Schultz has stepped down, and will turn his focus to “innovation, design and development of Starbucks Reserve Roasteries,” the company’s new upscale brand, as an executive chairman, the company saidRead More

Visa to Acquire CardinalCommerce for Smoother Authentication

Visa to Acquire CardinalCommerce for Smoother Authentication

by December 1, 2016 at 4:03 pm 1 comment

Visa is set to acquire e-commerce payment authentication company CardinalCommerce, which provides data to card issuers for increased online transparency, it was announced today. “At Visa our goal is really to jumpstart the [e-commerce] industry,” said Mark Nelson, senior vice president of risk and authentication products at Visa. “By partnering withRead More

People Still Don’t Like In-Store Mobile Payments (Even With Sales)

People Still Don’t Like In-Store Mobile Payments (Even With Sales)

by December 1, 2016 at 12:52 pm 0 comments

Online and mobile shopping represented a significant chunk of retail sales on Black Friday, as a large amount of shoppers decided not to brave the crowds at physical stores. However, even with sales incentives provided by mobile wallet services like Apple Pay, in-store mobile payments were just a tiny, tinyRead More

PayPal Launches Mobile App for Small Businesses

PayPal Launches Mobile App for Small Businesses

by December 1, 2016 at 12:06 pm 1 comment

PayPal is giving its merchant-clients an upgrade. This week the company launched PayPal Business app, which allows merchants to to create and send invoices, manage account activity, withdraw funds, issue refunds, send payment reminders, view and edit customer information, said Arnold Goldberg, PayPal’s VP of merchant product and technology, inRead More

Apple Wins Major Battle in Ongoing War with Banks Down Under

Apple Wins Major Battle in Ongoing War with Banks Down Under

by November 30, 2016 at 2:00 pm 1 comment

This summer, a group of banks in Australia did the unthinkable — they took on Apple, the on-again, off-again largest company in the world. Today it was announced the banks appear to have lost that fight, as expected. They cannot collectively bargain with Apple, as they had requested. The AustralianRead More

Jack Henry Partners with Early Warning, Links to Zelle Network

Jack Henry Partners with Early Warning, Links to Zelle Network

by November 29, 2016 at 12:42 pm 0 comments

Financial technology solutions provider Jack Henry has announced a partnership with Early Warning, the company behind the Zelle network, The partnership has the potential to link about 3,000 new financial institutions to the faster payments network. The service formally known as clearXchange, which was officially rebranded as Zelle this year, isRead More

M-Pesa Outage Leaves Customers Stranded (and Annoyed)

M-Pesa Outage Leaves Customers Stranded (and Annoyed)

by November 28, 2016 at 2:56 pm 0 comments

M-Pesa, perhaps the world’s premier mobile payments service, has been suffering outages over the past several hours, and in case you had any doubt of the system’s importance in Kenya and around the world, the angry tweets emerging should convince you. Monthly active users of M-Pesa in Kenya and Tanzania numberedRead More