What can the Ripple protocol do that basic core banking infrastructure can’t? Move money in real time, efficiently, securely and at a lower cost. The Ripple protocol was recently adopted by Fidor AG bank in Germany to increase the speed at which money could move...
The Western Union Company has announced the launch of its dedicated business payments unit as part of its expanded its services in Malaysia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
For most of the twentieth century, the most widely used non-cash payment form was checks. Now seen as relatively inefficient, check use overall has waned in favor of electronic methods with the goal of making the payment system more efficient, less time consuming and less...
HSBC has allocated up to $200 million to invest in fintech start-ups in the hopes of improving the bank’s financial technology. The fund will look to invest globally in both capital market and retail market fintech, reports The Wall Street Journal. Get the Full Story...
Some people do not just want to shop, they want to do it responsibly. They want products made with either natural or recycled materials, that are environmentally friendly and that come from brands who support fair working conditions. For those socially conscious shoppers with iPhones (who are apparently unconcerned...
Entersekt has been awarded a U.S. patent for its mobile-enabled multi-factor authentication software. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
The world was a different place in 1999-cell phone use was just leaking into the mainstream, Palm Pilots were the next big thing and almost no one had ever thought about the concept of a mobile point-of-sale. Well, almost no one-as it turns out Infinite...
The restaurant industry has an interesting application for the so-called “internet of things,”- they think the data streams it creates can help to build a better point of sale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
It’s been a good ten months for Crowdfunding start-up Indiegogo. Following a very successful $40 million Series B funding round in January 2014, the company is following up quickly with a “celebrity” fundraising round which has tapped the likes of Sir Richard Branson, Megan Smith...
