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MasterCard Digital Enablement Service Propels Growth of Secure Digital Transactions across Europe with More than 60 Projects Underway

April 6th, 2016 (0)
The adoption of digital payments continues to grow worldwide with MasterCard predicting that by 2020, 38 percent of payments made throughout Europe will be digital. This shift in consumer behavior will be powered safely and securely by the MasterCard Digital ...

Blackberry squeezed as sales slump

April 4th, 2016 (0)
BlackBerry sales fell by almost $200m in the three months to the end of February in a bigger-than-expected slide that sent shares down almost 8%. The Canadian company said smartphone sales had been below projections in the quarter. Chief ...

Bank of America Makes Online Payments Seamless With Visa Checkout

April 4th, 2016 (0)
Streamlines Access and Simplifies Enrollment Through Bank of America’s Online Banking In the latest step at simplifying consumer payments, Bank of America announced today that it will pre-select customers’ eligible Visa cards for enrollment in Visa Checkout directly from ...

Samsung becomes latest firm to launch mobile wallet in China

March 29th, 2016 (0)
Samsung has officially launched its mobile wallet service in China, in co-operation with local vendor UnionPay. Instead of using cards, the service allows shoppers to use their smartphones to pay for in-store purchases. Last month, Apple launched its own ...

Why Latin American economies are turning to bitcoin

March 17th, 2016 (0)
The economic prospects for Latin America in 2016 are grim. With political instability in some of the region’s largest economies, as well as a general slump in prices in oil and other commodities, businesses and consumers are facing a depression and, in the ...

Amazon to let you pay via selfie?

March 17th, 2016 (0)
Amazon could soon let customers purchase products without a password, using a photo of their face instead. The ecommerce giant has filed a patent to use photos or videos of a user’s face as a way to approve their ...

Will bitcoin provide banks with their ‘Kodak Moment’?

March 16th, 2016 (0)
The world’s banks are facing a ‘Kodak Moment’ if they continue to dismiss the virtual currency bitcoin as just the opening act for more revolutionary blockchain-based innovation, says Max Tannahill, a business change and implementation manager at ANZ It ...

Amazon’s Italy Chief Says Company Under Probe for Tax Evasion

March 16th, 2016 (0)
Amazon.com Inc. is under investigation in Italy for alleged tax evasion, Francois Nuyts, Amazon’s chief for Italy and Spain, said in an interview Tuesday. The Seattle-based online retailer is cooperating with the probe, Nuyts said. “Amazon pays all applicable ...

Ex-JPMorgan Broker Gets Five Years for Gambling Funds Away

March 9th, 2016 (0)
Oppenheim once had 500 clients, managed almost $90 million Broker racked up losses betting on NFL games, online sports A former JPMorgan Chase & Co. broker who said he stole millions of dollars from customers because his brain was ...

Big U.S. banks to take on tech rivals with instant payments

March 9th, 2016 (0)
Depositors at some of the largest U.S. banks are finally going to get the chance to do something quick and simple: send money to another person’s account instantaneously by mobile phone. The idea has been in the works for ...
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