Search Results for: wallet
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 ...
Cash payments may soon become a thing of the past in China
November 21st, 2016
Cash payments may soon become a thing of the past in China. That’s as mobile payment services, using your smart device, are quickly gaining traction across the country. Imagine never needing a wallet. That’s becoming a reality in many ...
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 ...
Venezuelans are turning to bitcoin as the bolívar crumbles
November 4th, 2016
Venezuela’s currency has lost so much of its value that people have given up on counting the notes—they just weigh piles of cash. So far this year, the bolívar has lost nearly half its value compared to the dollar, while ...
Deloitte: Blockchain reinvents the financial services industry
November 2nd, 2016
Deloitte Global report highlights use cases for distributed ledger technology to transform the industry Distributed ledger technology (DLT), more commonly known as blockchain, is challenging traditional business models and providing new opportunities to reinvent financial services, according to a ...
Swiss rail ticket machines to sell bitcoins
November 1st, 2016
Bitcoin users will soon be able to buy the digital currency from Swiss rail ticket machines. The pilot project starts on November 11 and will initially last two years to see how much demand there is for the service. ...
India to overtake US as ecommerce superpower
October 29th, 2016
India is set to overtake the US as the world’s second largest ecommerce market within the next 20 years thanks to a young, connected and growing middle class, according to research from Worldpay. While India accounts for less than ...
PayPal reports revenue increased 18% to $2.667 billion for Q3
October 24th, 2016
Revenue increased 18% to $2.667 billion, 21% FX-neutral revenue growth GAAP EPS increased 8% to $0.27 and non-GAAP EPS increased 14% to $0.35 Global technology platform and digital payments leader PayPal Holdings, Inc. (Nasdaq: PYPL) announced strong third quarter ...
MUFG is Using Digital Currency to Reward its Employees
October 20th, 2016
Mitsubishi UFJ Financial Group (MUFG), the parent company of the Bank of Tokyo-Mitsubishi UFJ, has embarked on a new digital currency trial through one of its subsidiaries. MUFG is conducting the test through a subsidiary called Kabu.com Securities Co, at which ...
