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

Featurespace Patents Show Role Of Neural Networks In Finding Transaction Anomalies In Real Time

Featurespace Patents Show Role Of Neural Networks In Finding Transaction Anomalies In Real Time
Featurespace Patents Show Role Of Neural Networks In Finding Transaction Anomalies In Real Time
July 12, 2021  |  Security & Fraud

The window financial institutions (FIs) have to determine “good” customers from “bad” lasts milliseconds. Get the Full Story Complete the form to unlock this article...

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BIS Report: CBDCs Can Cut Cross-Border Payments’ Friction Points
BIS Report: CBDCs Can Cut Cross-Border Payments’ Friction Points
July 12, 2021  |  Cryptocurrency

For central bank digital currencies to reach their full potential, banks must look beyond domestic use — and examine CBDCs’ risks and rewards for cross-border...

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Mastercard’s Gerber: Innovation Needs Consumer Trust To Advance The Digital Economy
Mastercard’s Gerber: Innovation Needs Consumer Trust To Advance The Digital Economy
July 12, 2021  |  Security & Fraud

“The boat has left the harbor and is in the open seas,” Mastercard Executive Vice President of Security and Cyber Innovation Johan Gerber told PYMNTS’...

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How Intelligent Friction Trips Up The Fraudsters
How Intelligent Friction Trips Up The Fraudsters
July 09, 2021  |  Security & Fraud

“The criminals are always opportunistic.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Using Data To ‘Take The Handcuffs’ Off Auto-Refill Subscriptions For Consumers
Using Data To ‘Take The Handcuffs’ Off Auto-Refill Subscriptions For Consumers
July 09, 2021  |  Subscription Commerce

Six, 20-pound bags of food stacked up in the corner don’t have to mean that the owner has a lot of dogs. More likely, it’s...

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Visa Expands Ecosystem For Crypto-Linked Cards As Spending Tops $1B
Visa Expands Ecosystem For Crypto-Linked Cards As Spending Tops $1B
July 08, 2021  |  Cryptocurrency

Visa said it had struck partnerships with more than 50 cryptocurrency platforms and exchanges to allow end-users to spend digital currencies at 70 million merchants...

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Subscription Companies Use AI To Keep False Declines To Record Lows
Subscription Companies Use AI To Keep False Declines To Record Lows
July 08, 2021  |  Artificial Intelligence

You could call it the false decline fallout. That’s where a good and functioning eCommerce subscription relationship suddenly goes haywire due to the unexpected and...

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Deep Dive: How Offering Real-Time Payments Can Help Merchants Meet Mobile-First Customers’ Needs
Deep Dive: How Offering Real-Time Payments Can Help Merchants Meet Mobile-First Customers’ Needs
July 07, 2021  |  Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Paytronix CEO: McDonald’s Rewards Program May Not Be The Latecomer It Seems to Be
Paytronix CEO: McDonald’s Rewards Program May Not Be The Latecomer It Seems to Be
July 07, 2021  |  Loyalty & Rewards

McDonald’s may seem like a latecomer to the digital loyalty game, but it may be a little more complicated than that. The company announced in...

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