Wednesday , October 2, 2024

Search Results for: Alphabet

Contactless II

Wave-and-pay flopped when issuers tried it 10 years ago with mag-stripe cards. Now it’s staging a comeback with EMV and mobile payments. The sequel just might be better than the original, but showtime is uncertain. After years of false starts and overenthusiastic hopes, the U.S. just might be about to connect …

Read More »

Macy’s New Self-Checkout Feature and other Digital Transactions News briefs from 3/20/18

Macy’s Inc. said it is launching a self-checkout feature in its mobile app that lets customers scan an item with their phone and pay with a registered card. So-called mobile-checkout stations validate purchases, take off security tags, and bag the goods. The launch follows a test at the chain’s Woodbridge, …

Read More »

Google Pay Integrates With Shopify And Starts a Mass-Transit Pilot in Las Vegas

When Alphabet Inc. last month rebranded its mobile-payment service as Google Pay, it said further changes and features were coming. On Monday, it began to deliver on that prediction with dual announcements that herald an expansion of the service’s availability online and bring it to the potentially enormous market for …

Read More »

A Study in Overreaction

We often refer to the “wisdom of the market,” investing the stock market with powers of insight almost amounting to clairvoyance. The market does, after all, efficiently compile the sentiments of entire regiments of investors into one tidy number, the stock price. We reflected on this collective wisdom last month …

Read More »

Google Formally Unveils Its Work-in-Progress Google Pay, the Successor to Android Pay

After announcing a coming rebranding for its Android Pay mobile and online payment service in January, Alphabet Inc.’s Google subsidiary on Tuesday formally unveiled the new Google Pay. But the rebranding, centered on a new mobile app for Android devices, is a work in progress, with more changes and new …

Read More »

PayPal Takes a Beating As the Spotlight Shifts to eBay’s Payments Plans With Adyen

When news broke last week that eBay Inc. will begin moving away from its tight embrace of PayPal Holdings Inc. for payment processing, investors immediately punished PayPal’s stock, interpreting the move as a big blow to the company’s business. But the frenzy of PayPal shorting may have overlooked one thing: …

Read More »

Visa Makes Super Bowl POS Upgrades and other Digital Transactions News briefs from 2/2/18

In advance of the Super Bowl on Sunday in Minneapolis, Visa Inc. said it has installed 700 upgraded point-of-sale terminals at U.S. Bank Stadium and additional POS devices at certain merchant locations in the city. The new devices are capable of handling contactless EMV transactions. An estimated 1 million people …

Read More »

Puttin’ on Payments

Wearables, a hot sector within the booming Internet of Things, are being outfitted with new payments technology. Will wearables generate a tide or just a trickle of new electronic payment transactions? The idea of enabling smart watches, fitness trackers, and other Internet-connected wearable devices to make contactless electronic payments is …

Read More »

NationPay Launches and other Digital Transactions News briefs from 1/24/18

Payments provider CCBill LLC completed an integration with DatingPro, which provides software for dating sites. NationPay, a blockchain-based payments startup, announced its launch. Twenty app markets, including Apple’s App Store and Alphabet’s Google Play, are still hosting 661 Bitcoin apps blacklisted by cybersecurity vendors because hackers use them to attempt …

Read More »

Mobile Deposits at Community Banks and Credit Unions Grew 35% in 2017, Software Firm Says

Mobile remote deposit capture transactions jumped 35% in 2017 over the previous year thanks to an increase in users, a software firm specializing in digital-banking applications for community banks and credit unions reports. “For banks and credit unions live for all of 2017, mobile deposits grew by an average of …

Read More »
Digital Transactions