In this new epoch of payments, technologies and channels that were still experimental last year are going mainstream at speed — none more so than splicing artificial intelligence (AI) into the DNA of connected devices, creating new ways of transacting that go with the connected...
The rapid rush to digitization pushed by the pandemic period over the last 15 months has sparked something of a renaissance among peer-to-peer (P2P) payments players, not only expanding their offering to consumers but also by looking to take on larger chunks of the markets...
In the ancient world, trade between civilizations was highly inefficient. To conduct commerce, a seller and a buyer had to agree to converge in a common location and overcome the barriers of an uncommon language and currency. This friction led to the eventual rise of...
Last year, pop hit machine Taylor Swift publicly denounced labels’ and producers’ control of publishing, which comes down to royalties. For old-school rockers, Creedence Clearwater Revival (CCR) fans may recall that bandleader John Fogerty fought labels and bandmates for years over royalty rip-offs. If only...
Riding public transportation in a foreign city is always something of an adventure, especially if one can’t speak or read the local language. Such was the experience of Visa Senior Vice President of Global Seller Products Jason Blackhurst in trying to take public transportation during an...
Payments have long been the conduit for new and different experiences in commerce. Look no further than the past year as proof as contactless payments, digital banking and digital wallets gained significant traction. Cryptos, too, of course — and bit by bit, we’re seeing the...
Apple Card outages being reported on Wednesday (June 2) seem to be affecting people’s ability to make purchases and appear to be an ongoing issue, according to Twitter and other reports. Apple updated its System Status page at 2:14 p.m. EST and indicated that the...
“Latin America is one of the last frontiers where everything is completely ‘legacy.’ The technology is fragmented and unstandardized. It’s been a blank canvas,” Kushki CEO Aron Schwarzkopf told Karen Webster. Local firms want to enable digital payments amid the pandemic, connecting consumers and devices...
There is a tendency to associate cash-based consumers with developing economies and the world’s unbanked population. The cash-based customer, conventional wisdom goes, isn’t using cash from desire but from necessity, and offered something better by the transformative power of technology to digitize their funds, they...
