Дарья

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Chinese Tech Firms Issue Virtual Credit Cards For Online Shopping

In China, tech firms are making it easier for consumers than ever before to shop and purchase goods online.<p>Rather than requiring you to have a traditional credit card applied via banks, Chinese e-commerce giant Alibaba announced that its payments arm Alipay will collaborate with China’s CITIC Bank …

Site Builder Wix Acquires M-Commerce App Builder Appixia

Web development and design platform Wix is seeking to expand its mobile offerings as it announced today the acquisition of Appixia, a platform for building m-commerce apps.<p>Wix launched a mobile adaptive service for its customers in October 2013, and it says that by the end of the year, more than …

Expansion of PayPal Startup Program Shows Landscape Heating Up

At Austin’s SXSW today, PayPal announced an expansion to the Startup Blueprint Program it launched last October, the initiative that waives the first $50,000 in PayPal processing fees for selected U.S.-based startups.<p>The expansion will add 14 new incubators and accelerators, including TechStars, …

The Latest iPhone Update Delivered A Huge Boost To Apple's Bid To Dominate Mobile Payments

The idea behind beacons is that they use Bluetooth connections to send messages directly to people's smartphones, meaning that Apple and other retailers can use them to push location-based flash deals, give product info, or simplify mobile payments.<p>Coupled with TouchID, Apple's fingerprint security …

This Week In Credit Card News--Keeping Cybersecurity Mistakes Secret, How To Get Free Credit Scores

<i>Financial, Retail Industries Keep Cybersecurity Mistakes and Punishments Secret</i><p>Even as cyberthreats grow in frequency and sophistication, the system for ensuring payment card security in the United States remains a closely guarded arrangement among the credit card networks who set it up, the banks …

In A Financial Advisor, Clients Place Highest Value On Trust, Ethics

Our last blog talked about the disconnect between clients and financial services professionals when it comes to the importance of ethics. Client views were obtained as part of a survey sponsored by the CFA Institute and entitled “The CFA Institute & Edelman Investor Trust Survey.”<p>The survey also …

This Chip Is Apple's Advantage In Enterprise And Payments

First there was the so-called "Gotofail" error that left traffic that should have been encrypted totally unsecure.<p>Less than a week later, security firm FireEye revealed that it was possible to make a "keylogger" on iOS that can track what you're doing on your device and send that information to a …

BITCOIN: How It Works, And Why It Could One Day Threaten Legacy Payments Tools Like Credit Cards

Bitcoin offers merchant and individuals an extremely low-cost, virtually frictionless payments system. Value can easily be transferred around the world without transmitting sensitive information that could be used for fraud, and without forcing merchants to pay extortionate transaction fees.<p>But, …

Bitcoin

Why is our payment card data being hijacked? It’s people — not PCI

Recent payment card data breaches in the headlines have led some here to criticize PCI standards. Elsewhere, the US government is scrutinizing how merchants and banks are securing card data.<p>The problem with payment card security is not the PCI standards, it’s people. Don’t get me wrong. PCI is not …

AmEx Debuts Its Most Mobile-Integrated, Rewards-Focused Credit Card

AmEx has offered a number of different cards to consumers: The Blue Card appeals to those who like cash back options and the Platinum card is specialized for consumers who travel. There’s even a Black Card for high-net-worth individuals. Today, the company is debuting a brand-new rewards-focused …

Ford Gets Diplomatic About Apple’s CarPlay And Its Microsoft Ties

iOS in the Car is real and now called CarPlay. Along with several automakers, Apple announced the platform this morning ahead of the Geneva Auto Show where partners Ferrari, Mercedes-Benz and Volvo all announced that they’d begin shipping CarPlay-enabled vehicles to drivers this week.<p>Apple also …

Ensygnia Sues Paddle Over Alleged Mobile Payment Patent Infringement

In a move that isn’t very, well, startup-y, two London-based mobile payment startups look set to meet each other in the UK’s High Court. TechCrunch has learned that Wayra-accelerated Ensygnia is suing Paddle* (Highgate Labs) for alleged patent infringement — an infringement that Paddle disputes and …

Financial Advisors Build Business With LinkedIn

It’s been a couple of years since social media made a splash at the securities industry’s SIFMA tech conference in New York. At that time it seemed an alien intruder subject, suspect in an industry that worried about compliance, especially over communications that left a full trail in the hands of …

Mobile Payments Are Poised To Take Off In The US

Mobile payments have a huge amount of room for growth.<p>But the U.S. has been lagging behind mobile payments leaders like Asia-Pacific and Africa. In 2013, U.S. mobile payments and commerce already combined for about 2% of total credit and debit card volume.<p>However, we believe U.S. mobile payments …

Mobile Payments

10 Tech Things You Need To Know This Morning

Good morning! Let's get you informed:<p><b>Microsoft's new CEO Satya Nadella has started reshaping the company's senior executive ranks.</b> EVP of business development and evangelism Tony Bates is out. Also leaving is EVP of marketing Tami Reller. Mark Penn, formerly an Executive Vice President, is Chief …

These Are The Main Players In The Credit Card Payments Industry — And Who's Most Vulnerable To Disruption

In a recent report from BI Intelligence, we look at who's jockeying for the fee bonanza generated by the the huge volume of credit card payments — total volume is about $4 trillion this year in the U.S. alone, according to our estimates. But not every entity is well-positioned to grow its slice of …

FinTech