Search Results for: mobile wallet
Heartbleed Compromises Bitcoin Wallets: Digital Currency Also Built Using OpenSSL
April 14th, 2014
Bitcoin is the latest digital entity to be added to a growing list of organizations compromised by the Heartbleed bug. The Bitcoin Foundation said on Friday that the latest version of Bitcoin Core, the open source software that enables ...
Apple sued over monopoly on contactless payments
July 26th, 2022
Tech giant Apple is facing a lawsuit in the US over allegations that its monopoly on contactless payments made using iPhones constitutes anti-competitive conduct. iPhone users can only make contactless payments through Apple Pay, while users of Android-powered smartphones ...
Alternative payments trump traditional rivals in Asia Pacific ecommerce market
August 16th, 2018
Alternative payment methods such as mobile wallets now account for just over half of ecommerce transaction value in Asia Pacific, according to research from GlobalData. The Apac online shopping market is booming, predicted to hit $1.6 trillion this year, ...
Contactless payments to hit 150M users in 2017
April 13th, 2017
The number of Apple Pay, Samsung Pay and Android Pay users is about to hit 100 million and should top 150 million by the end of 2017, according to new data from fintech analysis firm Juniper Research. Apple, Samsung ...
Suits you sir: Contactless mirrors come to the fitting room
February 20th, 2017
Shoppers will soon be able to pay for items directly from the fitting room by tapping their NFC-equipped mobile phones at a virtual checkout located on a contactless mirror developed by San Francisco innovation outfit Oak Labs. Created in ...
China Fintech Deals Double In 2016 While US, Europe Decline
February 2nd, 2017
Chinese investors continued aggressively investing in financial technology (fintech) last year, despite a slowdown in other major markets around the world. Fintech investments in China doubled during the first nine months of 2016 year-on-year, driven by major funding rounds ...
Future of payments: 4 trends to know in payment processing
January 23rd, 2017
The payments industry has been evolving rapidly, especially in the last few years with the growing shift to digital. The global payments ecosystem is constantly changing as new startups try to change the way we move money around the ...
Verifone Engage Goes Live in Europe
November 22nd, 2016
Verifone (NYSE: PAY) announces the European launch of Verifone Engage with the all-in-one countertop solution, Verifone V200c, installed at Anne Rueschenschmidt, a boutique fashion retailer in Rheine in northern Germany. A key strategic milestone in building a commerce-enabled payment ...
Bitcoin Prices in India Soar Amid Demonetization Drive
November 15th, 2016
Prime Minister Narendra Modi’s decision to combat the underground economy is a blessing in disguise for companies working in the cashless space, which includes mobile wallets, card companies and even bitcoin. Bitcoin, the eight-year old virtual currency, has been gaining ...
Citibank Launches Challenge to Apple and Google With Citi Pay
November 11th, 2016
Citi is the latest company to enter the mobile wallet wars, which is dominated by Apple Pay, Android Pay, PayPal, Samsung Pay, and others. On Thursday, the finance titan unveiled Citi Pay, a new mobile wallet for Android phone ...