Ro2Bo

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6 Reasons Apple Pay Will Overcome Slow Start

Judging from a lot of coverage lately, you’d think Apple Pay is a failure. You’d think wrong.<p>As I wrote in a recent opinion piece, nobody who was paying attention should have expected Apple’s mobile wallet to take off like wildfire. Too few retail stores have the new checkout terminals needed to …

Everything small businesses are saying continues to point to higher wages

The August NFIB report showed that 23% of firms reported increase to compensation in the past three months, unchanged from July's level. However, this number has been trending upward since the financial crisis.<p>Furthermore, a seasonally adjusted net 13% plan to raise compensation in the coming …

Small Business

Apple Pay Faces Tough Crowd in First Year

Apple Inc. Chief Executive Officer Tim Cook has called 2015 the “year of Apple Pay.” So far it’s been underwhelming.<p>The mobile-payments system, which …

Apple Pay

Contactless card details can be stolen with a swipe

A security flaw at the heart of contactless credit cards could allow criminals to steal vital data -- and ultimately money -- despite the presence of …

Retailers’ Answer to Apple Pay Is Said to Hit Stores in August

After almost three years in development, the retail industry’s answer to Apple Pay is finally getting off the ground.<p>A mobile payment application …

Barclays Anticipating 'Imminent' Support for Apple Pay in United Kingdom

<i>MacRumors</i> has learned that a high-level executive at Barclays, one of the largest banks in the United Kingdom, anticipates "imminent" support of Apple Pay in the country. Apple Pay in the U.K. is expected to go live on Tuesday, although it remains unclear if Barclays will be a first wave launch …

Apple Pay

Barclays bPay band: Convenient contactless payments, if you’ve got the wrist space

With contactless payments well and truly established as an everyday method of paying for low-value good and services, it’s unsurprising to see banks like Barclays try to expand market share in the area through the introduction of new devices that can make payments.<p>However, Barclays has notably …

Are social recognition tools secure enough for mobile payments?

There have been several recent announcements from various different credit card providers around contactless payments and facial recognition tools …

Apply Pay is launching in the UK on July 14, leaked document claims

9to5Mac's Mark Gurman has got his hands on what appears to be an internal memo from supermarket Waitrose saying that Apple's cardless payment scheme will launch in Britain later this month.<p>Apple Pay is already available in the US, and it lets users pay for items at contactless payment terminals …

UK crowned Europe’s king of contactless payments

TfL roll-out helps drive adoption higher.<p>The UK leads Europe in contactless payments, according to data from Visa Europe.<p>Europe as a whole saw 1 …

The Future of Mobile Payments Awaits Your Fingerprint

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>You may have swiped your phone recently to make an in-store payment. Yet that act was hardly more convenient than swiping a credit card, right?<p>That’s probably why you’re seeing only 3 percent to 7 percent of consumers using their phones …

FinTech

Apple poised to bring Apple Pay to UK

Sources say contactless payments service will be switched on in two months<p>Apple is poised to reveal that it is planning to launch Apple Pay, its contactless mobile payments service, in Britain this summer.<p>The Silicon Valley giant is expected to make the announcement on Monday in San Francisco at …

Lloyds Bank moves closer to abolishing passwords

The bank wants to cut down the number of codes and passwords customers need to logon<p>Lloyds Bank is close to launching a new system where customers tap their contactless payment cards on their smartphones to prove their identity, cutting down the number of passwords they need to use.<p>This is a step …

Banking

Barclays to allow mobile payments based on Twitter handles

The British bank Barclays has announced a new twist on its Pingit mobile payments app – users will be able to transfer money to one another using …

Mobile payments: The outlook for 2015

Apple reports that 1 million people are already using the Apple Pay mobile-payments system it launched in October, and Whole Foods, one of the initial retailers offering the service, “processed more than 15,000 Apple Pay transactions” in the first couple of weeks, according to the <i>New York Times</i>.<p>And …

FinTech

Fed researcher sets out vision for government cryptocurrency

06 February 2015 | 22205 views | 5<p>A senior researcher at the Federal Reserve Bank of St Louis has floated the idea of a government-backed 'Fedcoin' …

Barclays doesn't support Apple Pay, but it's likely to

Nearly a year after it launched, Apple Pay is coming to the UK. Most major financial institutions were included in Apple's WWDC 2015 keynote, but there was one notable exception: Barclays. It's a weird omission, particularly as Barclaycard, the bank's credit card arm, is already supported in the …