If asked to name America’s greatest “outlaw” brand, it’s easy to imagine some familiar (and oddly similarly structured) there are probably lots of names that might slug it out for that title. But Apple isn’t one that would make anyone’s short list. Their products are...
New payments systems like Apple Pay could offer an opening to terrorists, and should be regulated like banks, the CEO of BB&T said at a payments industry forum this month. Kelly King's solution? If they become important enough, designate them SIFIs [systemically important financial institutions]...
Apple Pay’s decision to use tokens has some fringe benefits beyond allowing retailers to get money without storing payment credentials. Like many token efforts, because Apple Pay is not storing the payment credentials, the Wall Street Journal points out, it can avoid a lot of...
The European Commission is expected to soon publish the results of its investigation into whether Apple’s financial dealings with Ireland constituted a case of intentional tax avoidance. If Apple is found to be in violation, it could cost the company billions of euros in fees...
January 26, 2015
In the digital age, consumers increasingly demand a fast, seamless, hassle-free checkout process. As technology evolves to meet that demand, some fear that a near-instant purchase may also mean dangerous, costly oversights in consumer data protection. One Missouri lawmaker is considering legislation that offers an old-school solution to high-tech payments. Reports say the state’s Representative […]
November 24, 2014
New payments systems like Apple Pay could offer an opening to terrorists, and should be regulated like banks, the CEO of BB&T said at a payments industry forum this month....
October 22, 2014
Apple Pay’s decision to use tokens has some fringe benefits beyond allowing retailers to get money without storing payment credentials. Like many token efforts, because Apple Pay is not storing...
September 23, 2014
The European Union Council of Ministers is preparing to toughen the rules for all mobile and digital payments, according to a report in Computing.co.uk. According to the report, “The Payment...