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Implications of American Payments Being so Different from Rest of World
Europeans and Asians love pointing out how backward America is in payments, because American tech firms dominate the payments landscape. There are three big ways that America is different in payments:...
View ArticleExcitement About Mobile Payments Outruns Reality
Customers are fired up to make mobile payments using Google Wallet and Apple Pay even if they don't own the devices they would need to accomplish this. That information arrives via a recent survey by...
View ArticleSnapcash is a Window into What Users Don’t Want Snapchat to Know
Reactions to the announcement of Snapchat's new payments service ran the gamut from "the future of payments" to, well, a way to pay people for sending you nude pictures.
View ArticleDoes the Device Make the Payment or the Payment Make the Device?
What comes after mobile in payments? Mobile may be all the rage now, but wearables are coming fast, and then there's the Internet of Things, and there's even that guy who embedded his bitcoin wallet in...
View ArticleSquare, PayPal Lapses in QuickBooks Tough for Small Businesses
To say Square and PayPal are important to American small business might be an understatement. So when those two ventures' integration into the accounting platform of choice for America's small business...
View ArticleLitle Is the Fastest Payment Processor in the World — Again
Once again, Litle & Co. is the fastest payment processor in the world.
View ArticleIf at First You Don’t Succeed … Try Giving Out Free Money (Like Google Wallet)
Google Wallet is trying a new method to spur adoption: giving out free money. Google Wallet recently started a campaign to give out $5 to consumers who buy gift cards from the following retailers via...
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M-Pesa and Bitcoin are mirror images of each other
M-Pesa started in Kenya because people were trading their mobile phone minutes; in a world without bank accounts or landlines, these mobile minutes were vital to life and were a form of currency. The...
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The UK Teenage Fintech Unicorn is hiding in plain sight – Monetise
For London to earn the coveted title of Fintech Capital of the World, there needs to be a couple of “poster boys”, the kind of names that trip off the tongue when people say things like: “London is the...
View ArticleDigital Gift Cards Are This Year’s Must-Have Item
Gift cards are king -- nearly 20% of the holiday spend this year is expected to take the form of plastic gift cards, according to CEB Tower Group. But some of that spend will skip the plastic and go...
View ArticleTwo Highly Divergent Views on Bitcoin Surface
It is as if the fintech world views bitcoins in either black or white — nothing close to grey. On Monday, those two perspectives were in contrasting view. On the one hand, VentureBeat published a...
View ArticleAmex Gives TouchID a Vote of Confidence for Biz Cards
In updating its core cards app for iOS late Tuesday, American Express has given a thumbs up to TouchID security for business cards.
View ArticleCard Innovator Dynamics Scores $70M from MasterCard, Bain Capital
With so much hoopla over mobile in payments, it's easy to forget that the money is still in cards.
View ArticleChip and PIN vs. Chip and Signature
The planet’s most powerful nation is sure backwards when it comes to the payment card industry: Why has America been using 1970s technology as of the posting date of this article? That magnetic strip...
View ArticleInnotribe Opens 2015 Startup Challenge
Innotribe, SWIFT's FinTech startup initiative, announced its 2015 Startup Challenge locations today, and opened the competition to applications.
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The TCP/IP Of Money Mirage #ripple #stellar #blockstream #ethereum
“Strange days have found us Strange days have tracked us down They’re going to destroy Our casual joys We shall go on playing Or find a new town” The Doors. Strange Days Stories: # 1 Ethereum raised...
View ArticleSquare Nabs Visa CMO to Lead Customer Acquisition
It looks like Square is getting serious about the market it's "playing" in. The mobile payments startup announced yesterday it has hired Visa's chief marketing officer, Kevin Burke, to lead its...
View ArticleLure of Bitcoin Hooks High-Level JPM, Amex Execs
Conventional wisdom has banks watching Bitcoin with great wariness, but two recent moves may suggest otherwise. Bitcoin successfully luring executives from financial services powerhouses shows a vote...
View ArticleDEMOvation Challenge Kicks Off, Offers Free Demo Slots to Startups
The DEMOvation Challenge is Back. After a successful launch in 2014, Bank Innovation 2015, on March 2-3 in Seattle will once again host an exclusive DEMOvation session. The DEMOvation session will...
View ArticleWho is Operation Choke Point Really Choking?
Operation Choke Point is a coordinated effort by the Department of Justice (DOJ) in conjunction with the Federal Trade Commission (FTC) and the Federal Deposit Insurance Corporation (FDIC) to hold...
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