Will Samsung’s mobile wallet plans work? We’ll know in 7 months
Samsung has entered the mobile payments fray with its acquisition of LoopPay, giving it the technology to turn its smartphones into wireless credit cards that can purchase goods and service with...
View ArticleSamsung Pay has all the tools it needs to surpass Apple Pay
A lot of the features in the new Galaxy S6 and S6 Edge, like curved edges and glass-and-metal design, are examples of Samsung playing catch-up on the latest smartphone trends, Continue Reading →
View ArticleApple Pay on the wrist: How Apple’s watch gets around the ID problem
Apple only gave a fleeting demo of how contactless payments would work on its new Apple Watch at its Spring Forward event on Monday, but it was an impressive one. Continue Reading →
View ArticleAustralia Apple Pay could be far off as banks push back on Apple’s fees
It appears that the expansion of Apple Pay into Australia could be farther off than some had hoped. According to a report today from The Sydney Morning Herald, Apple is Continue Reading →
View ArticleWhere Does Apple Pay Stand On Its First Birthday?
While the “year of Apple Pay,” as Apple CEO Tim Cook dubbed 2015, still has a ways to go, the product’s first anniversary is rapidly approaching. And, considering Android Pay’s Continue Reading →
View ArticleVisa Checkout Announces Walmart, Starbucks As Merchant Partners
Today, Visa Checkout announced that some major new companies would se starting to utilize the service. Starbucks, Walgreens, NFL Shop, HSN and Match.com have all signed on and will be joining...
View ArticleReport: Apple Pay fees for Chinese banks half what they are in U.S.
Chinese site Caixin reports that Apple has agreed to take much smaller fees from banks in China compared to the US as the company this month launches its Apple Pay Continue Reading →
View ArticleWhat marketers can learn from the economy of convenience
If you think about it, money is a ridiculous concept. Without going into a William Jennings Bryan gold standard history lesson, let’s just say the idea that I can hold Continue Reading →
View ArticleTally raises $15 million for app to make credit cards less expensive, easier...
San Francisco-based Tally Technologies raised $15 million in Series A venture funding to launch an app that promises to help people maintain good credit while avoiding fees, charges and other Continue...
View ArticleLendUp fights big banks with $47M for compassionate credit cards
Banks win when the poor lose. Credit cards can trap people in debt and bleed them dry with late fees. But it’s this exploitative experience that makes banks vulnerable to Continue Reading →
View ArticleSelfScore raises $7.1 million to help international students get credit in...
A startup called SelfScore has raised $7.1 million in new venture funding to help bring much-needed financial services to international students at U.S. colleges and universities. SelfScore co-founder...
View ArticlePayoneer raises $180 million for its global payments technology
Payoneer, a global provider of payment processing technologies, has added another $180 million to its already sizable warchest as it looks to continue to grow its payment services. Already profitable...
View ArticleA new tool can crack a credit card number in six seconds
In what amounts to a very clever brute force attack, a group of researchers has figured out how to find credit card information – including expiration dates and CVV numbers Continue Reading →
View ArticleThieves now use “Shimmers” to grab Chip/PIN card data
Just when you thought it was safe to slip your card in a slot ATM skimmers have gotten just a bit smarter. New devices called Shimmers can now read your Continue Reading →
View ArticlePayoneer launches API so companies can add embedded payment options to their...
Payoneer, a provider of payment technologies that lets vendors sell to international customers in local currencies — allowing for easier cross-border payments, is launching an API. The move lets...
View ArticleNew skimmers fit right on top of chip and PIN credit card scanners
As usual Mr. Krebs has some great images of a credit card skimmer found in the wild. This model uses Samsung phone parts and lays right over the Ingenico card Continue Reading →
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