Consumers Who Make Daily Mobile Payments Quadruples in 2 Years
The percentage of the consumers who make daily mobile payments has quadrupled since 2012, according to new data. According to the Accenture data, 4% of the world's consumers are currently making daily...
View ArticleDwolla Moves Deeper into Commercial with BBVA Deal
Dwolla and BBVA Compass' recent announcement of a partnership to bring realtime payments to BBVA customers brings Dwolla's new role into sharp relief, which is that Dwolla is not a P2P company, it is a...
View ArticleMasterCard Scoring Most of China UnionPay Payments
Everyone is angling to work with China UnionPay, the government monopoly card that is the only interbank card network in the country -- buy MasterCard CEO Ajay Banga said today that his company is...
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Google’s ambitions in Fintech
The big tech dogs are circling the Fintech opportunity. Apple, and Alibaba have all made big moves in Fintech. More is to come. Fintech gives these firms the potential for billion dollar lines of...
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Lets hope the Patent Trolls are not the ones who find the IP pony in Clinkle.
People love to laugh at Clinkle. It raises issues of elitism and inequality and it creates “schadenfreude” among those who build business the hard way far away from the VC cash spigots. The end...
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Alibaba Ambitions in Fintech
Bits don’t stop at borders. Bits also don’t stop at category boundaries. Retailers and banks both serve consumers and process payments. For most of the 20th century retailers and banks were partners....
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Apple Ambitions in Fintech
This is one of a series that looks at the big dog ambitions in Fintech. I started with Google and then I looked at Alibaba. Apple Pay is game-changing for a very specific reason. It is not...
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Facebook Ambitions in Fintech
This is the last of a series that looks at the big dog ambitions in Fintech. So far I have covered Google, Alibaba and Apple. (I have not covered Amazon as I have not discovered any major moves yet –...
View ArticleHere’s What a Cashless Society Looks Like [VIDEO]
Want to know what a cashless society might look like? Check our Sweden, where cash is used in but 41% of transactions, compared to 55% in the United States — an appropriate preview to Money2020, which...
View ArticleThe Vastly Different Payments Worldview of Millennials, Explained [INFOGRAPHIC]
Just how differently do millennials view payments than previous generations? This infographic [ht Sam Maule] defines the differences, and they are vast. For example: 50% of millennials want mobile...
View ArticleStarbucks Owns Mobile Payments
Make no mistake, Starbucks is the first name in mobile payments.
View ArticleLoopPay’s New Card Case: Brilliant or Just Loopy?
LoopPay, the transitional mobile payment technology launched last year at Money2020 is back at the big show in Vegas with an update to its form factor.
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Telecom firms keep on being disrupted, so will they disrupt banks?
Speculation alert; I am reporting on what could/should happen, not on what just happened. Poor old telecoms companies – who loves ya? Consumers feel they have been paying too much for years, first for...
View ArticleThe Underappreciated Banking Conversation
Is every banking conference truly blah, blah, blah boring?
View ArticleAfter Apple Pay, Fighting Mobile Payments Fraud
As Apple Pay grows in popularity and the novelty of it wears off, what comes next? Unfortunately, it might just be fraud, according to Mary Ann Miller, senior director and fraud analytics executive at...
View ArticleSilence Speaks Volumes on Future of Facebook Messenger Payments
Facebook Messenger passed a major milestone. That would not be the introduction of payments.
View ArticleAlipay Pitches PayPal on JV
When China's largest payments processor makes partnership overtures, they deserve notice. That's what happened today, when Alipay, which has about 700 million registered accounts, said it wants to...
View ArticleGift Card Space Heats Up as Startup Raise Scores $18.1M Round
It's that special time of year... the days are getting shorter, leaves are falling, and gift cards are in the air. The venture money is flowing into gift cards as well. Gift card marketplace Raise just...
View ArticleMozido Is the Best-Funded Startup in Mobile Payments
In late October, eyebrows were raised when mobile payments startup Mozido raised $185 million from the likes of MasterCard, Wellington Management Co., and His Royal Highness Sheik Nahyan, who is kind...
View ArticleApple Adds China’s UnionPay to App Store Payments
UnionPay cardholders -- everyone with a payment card in China -- can now use their cards to make payments in Apple's App Store. With 100 million iPhone users, China is the iPhone's leading growth...
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