PayPal will be pushing hard to advance password-free authentication now that a complete version of the Fast Identity Online (FIDO) specifications have been published, the company said in a blog post on Wednesday (Dec. 10). PayPal was a founding member of the FIDO Alliance in...
In the latest attempt at an IBM-Apple product marriage, the two companies on Wednesday (Dec. 10) unveiled IBM MobileFirst, an iOS enterprise app package that, according to a statement issued by the two firms, “bring IBM’s big data and analytics capabilities to iPhone and iPad...
Jack Dorsey, the founder of both Twitter and Square, rebels against the Wall Street quarter-to-quarter mindset and plans to keep investing in Square until he sees fit to shift it to profitability. In an interview with the New York Times, Dorsey bridled when asked about...
Looks like lots of folk will be leaving eBay—voluntarily or not—as it prepares for next year’s spin-out of PayPal. The company is preparing “at least 3,000” layoffs, which amounts to about 10 percent of its workforce, the Wall Street Journal is reporting. And eBay CEO...
There are now more indications that mobile purchases are now hitting the “more than 50 percent” tipping point. On Monday (Dec. 8), China mobile payment leader Alipay reported that—for the first time—more than half of its transactions were mobile. On Wednesday (Dec. 10), U.S. pizza...
The prospect of an Apple Pay Alibaba deal got a lot more likely on Tuesday (Dec. 9) when Alibaba’s Alipay payments unit said that it will now allow users to authenticate their accounts with the iPhone’s fingerprint sensor instead of a password, indicating, according to...
Ebay has overhauled its iPad app with a photo-heavy look and curated categories to bring the feel of brick-and-mortar discovery to mobile shopping. The ecommerce giant said it’s now prepared to keep up with the mobile shopping market that has shown a growing number of...
As we reflect back at the last 12 months in payments, it can be difficult to recall all of the innovations that have helped omnichannel move from buzzword to a merchant forefront strategy. And at the very center of that strategy is mobile — specifically,...
While India has the potential to be one of the world’s biggest markets for mobile payments, at the moment the country’s central bank is creating barriers to mobile-payment adoption instead of removing them, according to a blog post by Ensygnia. The latest issue: The Reserve...
