Lauren Anderson

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PayPal CFPB complaint: $25 million for deceptive practices with PayPal Credit.

PayPal is probably best known for helping customers use their bank accounts, credit cards, or debit cards in online transactions. But as a big …

Apple and Alibaba could destroy the banks

And they're quietly undergoing a revolution.<p>In the old days almost all payment systems were managed through your bank. Whether by issuing a cheque or paying with your debit card, in effect every transaction you made was settled through a single institution that managed your current account.<p>Those …

Apple Pay’s biggest hurdle to overcome is at checkout

Apple Pay is off to an excellent start, according to Tim Cook and the rest of the company’s top brass. But a recent study found that the majority of users are having issues using the mobile payments service at checkout.<p>Phoenix Marketing International surveyed around 3,000 iPhone 6 and 6 Plus owners …

Apple Pay

Why Facebook payments won't trouble banks

The 21st century is the era of embracing and sharing new technology, especially for those traditional industries such as banking. These high street …

Vodafone combines tokens and SIMs for NFC payments in Europe • NFC World

Vodafone customers in five major European markets will be able to use their Visa cards to make NFC mobile payments from the second quarter of this …

Will Payments On Facebook Be Successful?

<i>This question originally appeared on Quora: How do P2P payments work on Facebook, and are they likely to be successful?</i><p><i>Answer by Brian Roemmele on Quora</i><p><b>Facebook: The Social Graph Of Payments</b><p>Today March 17th, 2015 Facebook has entered into payments in a very big way [1]. This is perhaps the biggest …

FinTech

Strange bedfellows: Amazon opens store on Alibaba site

Image copyright Alibaba.Amazon.com has opened an online presence on rival Alibaba’s Tmall superstore, according to Reuters and other outlets citing …

eCommerce

Google gearing up to launch an Apple Pay rival at I/O

Google is planning to overhaul its mobile payment system this May during its I/O developer conference. Ars reports that the Mountain View-based …

Visa announces partnerships for new mobile payment services on Android devices

These services will be enabled on through apps from banks and other financial institutions on the Google Play Store. The apps will enable you to pay …

Venmo's Response To Questions About Security: Not Much

The payments service, soon to be spun off from eBay along with its parent company PayPal, has taken a distinctly ¯\_(ツ)_/¯ approach to a damning story about its security flaws. On Friday, the general manager released a more detailed statement.<p>The trendy payment app Venmo is facing perhaps the worst …

Customer Service

Android App Beats Apple Pay to Secure Bitcoin Mobile Payments - Inside Bitcoins - News, Price, Events

NEW YORK (InsideBitcoins) — Secure bitcoin payments could be in the hands of over 350 million smartphone users with the launch of a new Android app. …

Boku launches ‘phone-on-file’ carrier billing to replace credit cards with phone numbers

Mobile payments company Boku is lifting the lid on a new cross-platform payment mechanism today, one designed to make carrier billing a breeze for online transactions.<p>E-commerce giants such as Amazon, Google, and Apple make the process of paying online easier by storing your bank card details on …

Mobile