Mobile Payments

A mobile payment is a money payment made for a product or service through a portable electronic device such as a tablet or cell phone. Mobile payment technology can also be used to send money to friends or family members, such as with the applications PayPal and Venmo.

Source: investopedia.com

SoftBank-Backed Brandless Goes Bust

SoftBank-Backed Brandless Goes Bust
SoftBank-Backed Brandless Goes Bust
February 11, 2020  |  Retail

For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the...

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Amazon Expected To Control 70 Pct Of US Smart Speaker Market By Next Year
Amazon Expected To Control 70 Pct Of US Smart Speaker Market By Next Year
February 11, 2020  |  Amazon

Amazon holds the dominant edge in the market for smart speakers, as about 70 percent of people in the U.S. who use the devices are...

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Bitcoin Daily: Trump Plans To Expand Crypto Policing; Crypto Startup Asks For UK Bank License
Bitcoin Daily: Trump Plans To Expand Crypto Policing; Crypto Startup Asks For UK Bank License
February 11, 2020  |  Bitcoin

In the U.S., President Trump’s Fiscal Year 2021 budget, sitting at $4.8 trillion as of this week, proposes expanding the Treasury Department’s oversight of cryptocurrency....

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How Payments Power Small Businesses’ Mobile Banking Adoption
How Payments Power Small Businesses’ Mobile Banking Adoption
February 10, 2020  |  B2B Payments

Small businesses (SMBs) seem to have crossed a threshold over the last few years. In 2017, researchers at RateWatch found that small businesses were skeptical of...

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ASBFEO Calls For Supply Chain Financing Fairness
ASBFEO Calls For Supply Chain Financing Fairness
February 10, 2020  |  International

A position paper released by Kate Carnell, the Australian Small Business and Family Enterprise Ombudsman (ASBFEO), calls for a fairer approach to supply chain financing....

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StanChart, Infor Scale Data For Easier Payments
StanChart, Infor Scale Data For Easier Payments
February 10, 2020  |  B2B Payments

International banking group Standard Chartered is partnering with business cloud software firm Infor to digitize the financial supply chain, the companies said in a press...

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Data Shows 41 Pct Hike In Ransomware Attacks In 2019
Data Shows 41 Pct Hike In Ransomware Attacks In 2019
February 10, 2020  |  Security & Fraud

Ransomware hackers are striking more frequently, taking down computer networks across businesses, hospital and governments, the New York Times reported on Sunday (Feb. 9). Get...

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MN Man Admits Helping MyPayrollHR With NY Fraud
MN Man Admits Helping MyPayrollHR With NY Fraud
February 09, 2020  |  B2B Payments

Luke Steiner, 31, of Minnesota pleaded guilty on Wednesday (Feb.5) to one charge of conspiracy to commit wire fraud, stating that he assisted New York-based...

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WhatsApp Pay Gets Approval For Phased India Rollout
WhatsApp Pay Gets Approval For Phased India Rollout
February 07, 2020  |  Digital Payments

Almost two years after its experimental run, the Facebook-owned messaging service WhatsApp has received regulatory approval for its WhatsApp Pay platform in India. The National Payments Corporation...

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