The gig economy is a busy economy, with ripple effects across the payments landscape. Workers are working around the clock. Small businesses are handling customers on the phone while paying suppliers online and dreaming up catchy social media posts. And corporations are trying to effectively manage-and pay-gig workers in order to keep them around.
Read MoreBankings big paradigm shift equals big tech. This force dictates the industry’s ongoing transformation and thats to be expected for this undeniable reason: Big tech dominates every facet of modern life.
Read MoreClick here to read the full article. Alipay is one of the dominant forces in Chinese mobile payments solutions, but its ultimate goal, like with any payments company, is global expansion. This most noticeably came to the worlds attention when Alibaba secured a major expansion into the U.K.
Read MoreFacebook blockchain lead David Marcus told U.S. lawmakers that the social media giant plagued by privacy scandals won’t have access to personal financial information with its new cryptocurrency.
Read MoreA veteran of one core-technology systems provider is throwing his weight behind another. Alexander Lopatine, the founder of Nymbus, has been named head sales in the Americas for San Francisco-based Mbanq, which simultaneously announced that is has bought the online and mobile banking platform AgilityFour. The price was not disclosed.
Read MoreWhen it comes time to pitching in on a restaurant tab or sending 20 bucks to a friend, cash is no longer king, at least with millennials. Mobile payments are everything now. But if you are deciding which app to download — which service is best, and which is safer? It turns out it depends […]
Read MoreBlockchain as a service (BaaS) allows enterprises to use cloud services for building, hosting, and deploying their own blockchain apps, agreements, and utilities. The cloud service provider supports all operations to keep the infrastructure responsive and functional.
Read MoreHistorically, bank brands could count on loyal customers to support multiple product lines and revenue streams, from deposit accounts to mortgages, credit cards to retirement portfolios.
Read MoreWhile self-service cashierless stores arent exactly new, the notion of full stores, complete with full product lines, being utterly without cashier presence is a bit new.
Read MoreThe Fintech industry describes the new technologies that seek to automate and improve the delivery of corporate financial services. At its center is the need to help consumers, business owners, and corporations manage their financial operations with greater efficiencies.
Read MoreIntroduction In May 2016, I started up the Pink Portfolio for our little girl. She was almost two years old then and she has just become five on June 11. The system is quite simple: my wife and I add 150 per month for her portfolio and buy stocks with it.
Read MoreIn our 2016 review of Asia–Pacific banking, we warned that a storm was brewing because of slowing macroeconomic growth, attackers, and weakening balance sheets. Three years later, these forces continue to exert pressure on the region’s banks, and forward-looking indicators suggest that many banks will struggle as the storm worsens.
Read MoreFILE PHOTO: The logos of Amazon, Apple, Facebook and Google are seen in a combination photo from Reuters files. REUTERS/File Photos WASHINGTON (Reuters) – Executives from Amazon.com Inc (AMZN.O), Apple Inc (AAPL.O), Facebook Inc (FB.O) and Alphabet’s Google (GOOGL.
Read MoreTORONTO, July 2, 2019 /CNW/ -Visa and PayPal today launched a feature that allows consumers and small businesses in Canada to instantly access funds.
Read MoreThe latest news on digital banking is that the Monetary Authority of Singapore (MAS) has decided to issue up to a maximum of five digital banking licenses, comprising up to two full-bank licenses and three digital wholesale bank licenses.
Read MoreAccording to Bloomberg, a congressional panel will be holding a hearing a week from today (July 16th) on competition in the tech sector. The hearing will be held by the House antitrust subcommittee, led by Representative David Cicilline (D-RI).
Read MoreHackers exploited a flaw in a mobile payment feature introduced by 7-Eleven Japan on July 1 to target 900 accounts and use them to make 500,000 in purchases, causing the retailer to shut down the program, according to The Verge.
Read MoreSovereign digital currencies could be one likely outcome of super-sovereign creations like Libra. We write to request that Facebook and its partners immediately agree to a moratorium on any movement forward on Libra-its proposed cryptocurrency and Calibra-its proposed digital wallet.
Read MoreA California man is suing Square ( SQ +0.7), alleging that payments company violated privacy laws when it forwarded a digital receipt containing details of his medical history to one of his friends, the Wall Street Journal reports. The plaintiff, A. Trent Ruark, is seeking class-action status for the lawsuit.
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