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

How To Fight Fraud Without Cheapening Consumer Experiences

How To Fight Fraud Without Cheapening Consumer Experiences
How To Fight Fraud Without Cheapening Consumer Experiences
December 08, 2019  |  Cybersecurity

Everything has a price. And the price for a richer consumer experience online and via mobile — one of the defining trends of payments and...

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Chime Raises $500M On $5.8B Valuation
Chime Raises $500M On $5.8B Valuation
December 05, 2019  |  Banking

Silicon Valley-based Chime has raised $500 million in a Series E funding round that sent its valuation soaring to $5.8 billion, CNBC reported on Thursday...

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BIS Says Traditional FIs Must Embrace Digitization
BIS Says Traditional FIs Must Embrace Digitization
December 05, 2019  |  Cryptocurrency

To make sure that they stay at the center of the global payment system, the head of the Bank of International Settlements (BIS) says that...

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From Russia, with Malware: US Charges Hacking Group Evil Corp. In $100M Bank Fraud
From Russia, with Malware: US Charges Hacking Group Evil Corp. In $100M Bank Fraud
December 05, 2019  |  Cybersecurity

Call it Russian interference of a different sort that netted $100 million from banks and financial institutions (FIs) in more than 40 countries. Get the...

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Mastercard: Instant Deposits Close SMB Cash Flow Gap
Mastercard: Instant Deposits Close SMB Cash Flow Gap
December 04, 2019  |  Real-Time Payments

Small business is the lifeblood of the U.S. economy, and cash flow is the lifeblood of small businesses. Firms struggle when funds don’t reach their...

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Citi Analyst: Reg Compliance Could Cut Quarter Of Facebook Stock Value
Citi Analyst: Reg Compliance Could Cut Quarter Of Facebook Stock Value
December 04, 2019  |  Markets

With a warning that regulatory risks could take away over a quarter of Facebook’s stock value, analyst Jason Bazinet noted that the social media firm...

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Walmart No. 1 Downloaded US Shopping App On Black Friday
Walmart No. 1 Downloaded US Shopping App On Black Friday
December 03, 2019  |  Mobile

Despite Amazon’s claims that this year’s Cyber Monday was the biggest shopping day in its history, Walmart had the No. 1 shopping app in the...

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Wells Taps Former Santander Chief For COO Role
Wells Taps Former Santander Chief For COO Role
December 02, 2019  |  Personnel

Wells Fargo has hired former Santander head executive, Scott Powell, as its new chief operating officer, according to a release on Monday (Dec. 2). Powell will...

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