Technology

Square Overtakes Venmo as Cash App Cryptocurrency Play Bears Fruit

Square’s push into the cryptocurrency market is leading to a surge in downloads for the firm’s Cash app, surpassing PayPal’s popular Venmo mobile money service for the first time.Cumulative downloads for the Cash App now total 33.5 million, exceeding Venmo’s 32.9 million for the first time ever, according to data from Sensor Tower and Nomura.

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Square Cuts Chip Card Processing Time by 44% to 2 Seconds

Square has announced that it has cut its chip reader processing time for card transactions down to just two seconds. The news comes a little more than a year after Jack Dorsey took to Twitter to boast that Square had trimmed its processing time down from 4.2 seconds to 3.

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In FinTech, the Race for Patents (And More)

In technology, innovation, of course, is as critical as oxygen, fueling the next big thing and boosting top and bottom lines. And shoring up that next big thing comes with patent filings, part of the arsenal of protecting intellectual property, shepherding concept to reality.

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Square’s Cash App Expands Bitcoin Trading to All 50 States

Mobile payment company Square’s Cash App has recently rolled out Bitcoin (BTC) trading in all 50 states, the firm confirmed in a Tweet August 13. According to the companys announcement, Cash App users are now able to conduct Bitcoin buy and sell transactions in all the U.S. states.

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Tech Giants Lead the Way on Fintech Patents, Ahead of Banks

British patent data insights firm Cipher recently released an IP strategy report that provides a look at how many firms are patenting technologies in the hopes of disrupting various industry sectors.

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Banks and Retailers Are Tracking How You Type, Swipe and Tap

When you’re browsing a website and the mouse cursor disappears, it might be a computer glitch – or it might be a deliberate test to find out who you are. The way you press, scroll and type on a phone screen or keyboard can be as unique as your fingerprints or facial features.

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Checking All the Fintech Partner Checklist Boxes

In the current environment of instant gratification within the digital experience, credit unions are under more pressure than ever to keep up with rising member expectations.

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What Will Blockchain Mean to the FinTech Sector?

Most of you have understood the principle of the blockchain, and the huge spike in interest to the bitcoin cryptocurrency arose at the same time. Bitcoin doesn’t come off the pages of news about the world of fintech. It’s quite rational that the technology attracts massive attention.

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VIDEO: America’s Different Approach to Real-Time Payments

Data for this episode of Truth In Data provided by Mercator Advisory Groups report: New Faster Payments Solutions Being Launched at a Rapid Pace in the U.S.

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Enterprise Payments: The Next Frontier for Payments Innovation

Towards the end of 2017, we discussed the rise of the FinTechs and briefly alluded to payments as being a key area for further innovation. The payments ecosystem is an ever-evolving space froth with opportunity and plenty of buyers with deep pockets (see Paypal’s announcement a few weeks back).

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Real-Time Payments Tops Industry’s Technology Wish List, TD Bank Survey Finds

Technology continues to drive innovation in the commercial payments sector, according to a recent survey of finance and treasury professionals conducted by TD Bank, America’s Most Convenient Bank.

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Deloitte: The 6 Major Blockchain Trends for 2018

While the mainstream viability of cryptocurrency remains in question, one of the technologies that has emerged in its wake is primed to do big things. If you are interested in exploring what blockchain can do for your business or whether your startup idea can benefit from this versatile and secure technology, the prospects are rather […]

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