Mobile Payments

Digital payment firms fight for Hong Kong market

HONG KONG (Reuters) - Hong Kong’s shopping districts are well known for their fierce competition. Now, a new battleground is forming as digital payments firms fight for retailers and shoppers.<p>Labels of digital payment (from top) VISA, WeChat Pay and Alipay are displayed outside a boutique at a …

Hong Kong

Not Flipkart, Mukesh Ambani's Reliance can become Amazon's biggest rival in India: Here's why

There are huge chances that instead of Walmart's Flipkart, Mukesh Ambani's Reliance Industries could become Amazon's top rival in India. If the draft …

India

Bank of China Partners With China UnionPay to Explore Blockchain for Payment Systems

The commercial, state-backed Bank of China (BOC) and financial services corporation China UnionPay (CUP) have entered into a partnership, according …

Bank of China

Shanghai, Alibaba, and Ant Financial sign new strategic partnership agreement

Shanghai, Alibaba, and Ant Financial have signed a strategic cooperation agreement to boost the integrated development of the Yangtze River Delta. …

China

Louisiana seeking comments on 'Netflix' model for hepatitis C drugs

Louisiana has proposed a "subscription-based payment model" for hepatitis C drugs it hopes can benefit the state and drugmakers alike.

Trump Administration

Mobile Wallet Vs. In-App Payment: Benefits And Boosting Customer Loyalty

Mobile payment is becoming an increasingly popular way for consumers to shop, whether it’s through online ordering, in-store conversion, or …

Customer Experience

Report: Zelle planning small business payment feature to compete with Venmo

(Credit: GST/Shutterstock)<p>Venmo has emerged as the default "peer-to-peer" way to send money between friends and family, and the PayPal-owned company has been busy extending its lead by expanding to online stores -- in some cases replacing PayPal as a payment option at checkout. But it's not the …

FinTech

Episode 177: Defcon hacks and blockchain facts

We kick off this week’s show with an overview of the stories coming out of the Defcon security conference held this week in Las Vegas. Keeping …

Economics

DW Business – Europe & Africa

Genoa bridge parent company shares lose over 20% - Mobile payment might (after all) become a thing in Germany

Europe

Hack mobile point-of-sale systems? Researchers count the ways

Ever since the infamous and massive security breach at retailer Target nearly five years ago, more and more attention has focused on the potential …

Information Security

The adidas app | adidas US

• Help<br>• Track Your Order<br>• Newsletter Signup<br>• Login<p>Help<br>• Track Your Order<br>• Welcome back %firstName%<p>Subscribe for email to stay up to date<p>test for products<p>Save 15% …

Shoes

PM calls for a digital ecosystem for region - The Nation

PRIME MINISTER General Prayut Chan-o-cha has urged policymakers and entrepreneurs in Southeast Asia to develop and nurture a digital trade ecosystem …

Thailand

Investors on 'suicide watch' after disastrous plunge in value of cryptocurrencies Bitcoin and Ethereum

CRYPTOCURRENCY traders are on suicide watch after a devastating market crash.<p>The top 20 cryptocurrencies, including Bitcoin and Ethereum, fell by …

Cryptocurrency

FUD to perish, Ripple’s XRP is an excellent long-term investment, here's why

READ LATER - DOWNLOAD THIS POST AS PDF<p>The crypto market has been conquered by three different coins for a considerable time now. In this sense, …

Cryptocurrency

What’s next for mobile payments?

The habits of successful people and how to be successful yourself<p>02:53<p>How do you stay patient as you grow?<p>00:40<p>Rick Stollmeyer & Kenny Dichter share …

Payment Systems

Mobile payment apps get mediocre privacy scores from Consumer Reports

(Credit: Scyther5/iStockphoto)<p>Keeping your credit card information protected is no joke, and the latest identity theft numbers prove it. A Javelin Strategy & Research study showed identity fraud at an all time high for 2017. More than 16 million people were victims of identity theft, racking up …

Apps

Most of the top 100 cryptocurrencies don’t actually have a working product

It might sound shocking, but it appears 60 out of the top 100 cryptocurrencies by market share are yet to actually release a working product to the public – despite raising millions of dollars in funding.<p>Cryptocurrency analysis firm Invest in Blockchain reviewed the product development efforts of …

Cryptocurrency

Fitbit Charge 3 may bring welcome changes like a touchscreen, waterproofing

If you were a fan of the Fitbit Charge 2 from 2016, an updated version may be right around the corner.<p>Details about the rumored Fitbit Charge 3 have been shared by Android Authority. From the looks of it, the Charge 3 may pick up where the Charge 2 left off, adding upgrades like an easier to …

Wearable Tech

Better Buy: PayPal Holdings, Inc. vs. Mastercard

Both companies are poised to benefit from the global economy's shift from cash to digital payments. Which makes for a better investment now? That's a …

FinTech

Mobile gaming, payment regulation blunts Tencent Q2 - Mobile World Live

Tencent booked a drop in Q2 profit on reduced investment returns, while noting headwinds in mobile gaming and the impact of new regulation on mobile …

Payment Systems

The tortuous path to Shopify's anti-gun policy

When Tobi Lütke set out 13 years ago to build an online site for selling snowboarding equipment, he had little idea just how complicated the whole …

Guns

Tencent: the game is up | Financial Times

Tencent is not about nickels and dimes. The Chinese technology conglomerate has compounded revenues at a 40 per cent rate since 2013. Now one of the …

Tencent

Allied Wallet Adds AliPay to Its Growing Platform

LOS ANGELES--(BUSINESS WIRE)--<p>Allied Wallet, a globally leading provider of mainstream online payment processing, multi-currency merchant services, …

FinTech

Brian Setencich on Property Management

Brian Setencich is a general manager for a property management company First Service Residential. Before fulfilling his current role, he worked for …

Czech Republic

China's Richest Man Is $1.3 Billion Poorer After Tencent Reports A Rare Drop In Profits

Ma Huateng, the cofounder and CEO of Chinese internet goliath Tencent, saw his net worth fall $1.3 billion on Wednesday after Tencent announced a rare decline in net income for the second quarter. The company still reported a profit—but it was lower than the previous quarter and lower than …

China

South Korea bullish on mobile payment growth - Mobile World Live

South Korea’s financial regulator expects the value of mobile payment transactions to more than double in 2018 to KRW27.9 trillion ($25 billion).<p>The …

South Korea

Southwest is leading on financial access touch-points with 54 per cent; Southsouth 12 per cent; Northcentral 11 per cent and Northwest 10 per cent. It said Nigeria has 5,600 bank branches, 17,600 Automated Teller Machines (ATMs); 15,000 Point of Sale terminals and 51,754 Agents as at December last year.

NorthEast and Southeast regions have the least access to banking, a report on financial access touch-points released yesterday has shown.<p>With five …

Financial Services

Draft policy expects e-commerce platforms to store data locally

<b>New Delhi:</b> A draft e-commerce policy wants online retailers such as Amazon.com, search engines like Google and social media platforms to locally …

eCommerce

Cosmos Bank's server hacked, Rs 94 crore siphoned off in 2 days; thousands of debit card cloned

<b>Pune:</b> Hackers managed to siphon off over Rs 94 crore through a malware attack on the server of Pune-based Cosmos Bank and cloning thousands of the …

ATMs

Stripe to launch Stripe Issuing APIs for programmable payment cards

(The Paypers) The mobile payments provider Stripe, has announced the launch of Stripe Issuing, a platform for creating, distributing, and managing …

FinTech