Initially started as a micro-finance startup with the goal of developing algorithms that can determine creditworthiness of borrowers with no bank information, Filipino company Lenddo will now ditch its lending arm in place of selling its algorithmic services to companies inside and outside of the...
Imagine a world where mobile is king, commerce is queen, and context is God. These, says Srinivas Nidugondi, SVP at Mahindra Comviva, are what rule when consumer shopping behavior is reimagined in the context of mobility. A successful mobile payments solution, he says, must adopt...
Samsung fans and mobile payment fanatics have something new to look forward to this year at Mobile World Congress. According to reports on Sammobile.com, Samsung will be unveiling the mobile payments platform they’ve developed with Visa alongside the Galaxy 6 at MCS this year. Get...
At the 2014 World Economic Forum in Davos, Switzerland, Treasury Secretary Jack Lew and JPMorgan Chase CEO Jamie Dimon were the only ones to speak about cryptocurrency, and that was to attack the “incredulity” of it in world finance. Get the Full Story Complete the form...
Just as Uber was able to use mobile technology and ease of access to revolutionize the taxicab industry, Customers Bank CEO Jay Sidhu is hoping that his newly launched BankMobile can cause an equal or greater disruption in the banking industry. Get the Full Story...
There’s no denying that Apple Pay has shown a lot of strength right out of the gate. Part of that strength comes from its ability to get issuing banks engaged and enabling the provisioning of accounts in a simple way. At the time of launch...
Global payments provider TSYS, along with Ingenico Group, recently announced a new agreement to offer merchants a seamless and secure solution for accepting all payment types, according to a TSYS release. These payment types include magnetic stripe, EMV, NFC and Apple Pay.
Even though the official changeover to EMV payment systems is scheduled for Oct. 1, some analysts familiar with the process say that many businesses will still not be EMV ready by the target date, and may take “many years” for the U.S. to be fully converted...
The explosive growth of mobile has taken its toll on retail payments in many parts of the globe. In Canada, technology players, retailers, banks and network operators are now competing to “own” mobile payments, says Linda Mantia, Executive Vice-President, Digital, Payments and Cards at RBC....
