Here are our top five tweets from the week that was. Keep tweeting, and we may feature you next Friday.
@JoshGreenman: If I had a bitcoin for every time someone asked me what a bitcoin was really worth, I have no idea how much money I’d have.
We feel you, Josh, but if you’re not sure what Bitcoins are worth, now’s a good a time to learn. The digital currency made headlines all week – first for a hacking theft of $250,000, then as part of an extortion case against Mitt Romney. Yes, sometimes truth is stranger than fiction. But in more positive news, PYMNTS.com interviewed Mark Warden, a New Hampshire State Rep. and the first incumbent politician to accept Bitcoin donations as part of a campaign, so be sure to give that a listen.
@jenrboyd: “@pymnts: #Apple and #NFC: Will They Or Won’t They? http://ow.ly/drN5h” • clever post, @karenmpd :-)
We think so too! The most popular story on our site this week was MPD’s Karen Webster’s commentary on Apple’s iPhone 5, and how the inclusion of an NFC chip could or couldn’t launch NFC to prominence. Whether your interest lies in mobile wallets, NFC technology or just the future of payments in general, Karen’s piece is a must-read.
@subuno: Best way to fight CNP fraud is through data sharing and collaboration – FICO ow.ly/dsarR #CNP #CreditCardFraud @pymnts @FICO
That’s what we learned when we interviewed Doug Clare, vice president of product management for FICO, about the growing threat of card-not-present fraud. Mr. Clare cited collaboration between issuers, merchants and networks as key in fraud prevention, and provided plenty of tips for how consumers can avoid fraud as well. Give it a listen, and learn how to better protect your finances.
@Charles_CDJ: @pymnts With China’s smartphone growth + mobile payment momentum, they’re poised to become a leader in the space.
Charles is right, and that transition is happening a lot sooner than you may think. According to an IDC study, China will overtake the U.S. for the world’s biggest smartphone market share this year. That’ll mark the first time the U.S. doesn’t rank first in the smartphone market, as China uses its combination population advantage and cheap mobile devices to take the lead. What else did the study find? India and Brazil are two of the world’s fastest-growing smartphone markets, but still own relatively small shares of the market.
@mondatoportal: SumUp Explains Why It’s Not Square: bit.ly/OpOPJN via @PYMNTS @mobilepayments
We know you might be tired of hearing about new mobile wallets, so we gave SumUp a chance to differentiate itself from Square in our interview with Petter Made, the company’s co-founder and COO. The short answer is SumUp is targeting English and German-speaking European markets, but give our podcast a listen to hear Made elaborate on much more.
There’s our top five for the week. Have a great weekend, everyone!
We’re always on the lookout for opportunities to partner with innovators and disruptors.
Learn More