FinTech Strategies

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Myanmar's Mobile Revolution Kicks On

The mobile revolution in Myanmar, a country that was once one of the most reclusive in the world, is kicking up a gear after Telenor confirmed it will launch its much-anticipated mobile service in the country this weekend.<p>The Norway-headquartered company is the highest profile operator to enter …

Uber launches on-demand product deliveries in Washington D.C.

With New Delivery Service, Uber Declares War on Google and Amazon

Uber is already an expert in getting you from door-to-door. Now, the company wants to figure out how to deliver stuff to your door as well.<p>On …

A Technology Called Near Field Communication Is Gaining Momentum In The Race To Popularize Mobile Payments

In a new report from BI Intelligence, we take a look at why NFC is back. Apple may include it in the iPhone 6. Recent developments on the consumer, merchant, and developer side are reinvigorating NFC and making it a strong contender to become a leading technology for in-store mobile payments.<p><b>Access</b> …

FinTech

Amazon's New Card Reader Undercuts The Mobile-Payments Industry

What makes Amazon Local Register such a threat is that it undercuts all of its competitors. Amazon is offering a promotional rate of 1.75% per card swipe on credit and debit cards until Jan. 1, 2016. After that, the rate will rise to 2.5% per swipe, which is still cheaper than any competitor — …

Millennials Abandon Cash for Mobile Payment Apps

If trends among millennials are any indication, cash, checks and credit cards could all be going the way of the passenger pigeon.<p>As Bloomberg points …

Wall Street Expects Dollar General To Win the Dollar Store Bidding War

Dollar General’s unsolicited offer on Monday to buy Family Dollar Stores for $78.50 a share has started a dollar store bidding war that Wall Street expects Dollar General will win.<p>The Dollar General bid has been a long time coming and will attempt to break up the deal that rival dollar-store chain …

Dollar General's $9.7B Bid For Family Dollar Reveals Walmart's Weakness

Anyone looking for further evidence that the U.S. shopper is pressured financially and that Walmart’s biggest competition are dollar stores, need look no further than the current bidding war for deep-discount chain Family Dollar.<p>Dollar General announced this morning it made an offer to acquire …