Friday , November 15, 2024

Search Results for: digital payments

FBI and DoJ Officials Offer Advice on How Digital-Currency Firms Can Stay Out of Legal Trouble

Payments entrepreneurs and veterans alike view Bitcoin and other so-called cryptocurrencies as the new land of opportunity, but with the territory comes a considerable amount of legal risk. Federal authorities busted the Liberty Reserve and Silk Road ventures, the latter because it attempted to hide illegal activity by requiring customers …

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A Post-PayPal eBay Can Stock up on E-Payments

One implication of the breakup of PayPal Inc. and its parent company eBay Inc., announced by eBay at the end of September and planned for next year, is that eBay will likely be free to add a slew of alternative-payment methods for sellers to accept on its online marketplaces. For …

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The 10 Most Pressing Issues in E-Payments: 2014

With non-stop data breaches and the coming of EMV chip cards, virtual currency, and mobile wallets, payments seemed to be all over the news in 2014. Here’s our annual review of the top issues in electronic payments. They all defy a soundbite solution. Heading toward its close, 2014 seemed to …

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Visa’s Scharf Stresses the Network’s Digital Future, Promises ‘We Will Win’

Stressing new services such as tokenization, online checkout, and mobile payments, Visa Inc. chief executive Charles W. Scharf on Wednesday left no doubt where the sprawling card network’s future lies. “The things we are doing are all about having the best products in the market to capture where the growth …

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Evo Payments Bundles Loyalty, Promotions, and Rewards Into Its New Mobile POS Product

  Merchants using the newly released Evo Snap Mobile smart-phone and tablet-based point-of-sale service from Evo Payments International can create and manage loyalty, rewards, and promotion programs in addition to accepting payments. Melville, N.Y.-based Evo says the Snap Mobile service, available globally, works with iOS and Android devices. In addition …

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Pressure Builds for Faster Payments As The Clearing House Plans for Real-Time Settlement

The effort to bring faster payment settlement to the United States gained momentum this week with an announcement by The Clearing House Payments Co. LLC that it plans to build what it calls a “real-time payment system.” The New York City-based organization, which is owned by the largest financial institutions …

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COMMENTARY: How Passbook Positions Apple to Command—Not Just Align With—the Payments Industry

By Rick Oglesby, Double Diamond Payments Research With Apple Pay now confirmed to launch on Monday, we are closer to seeing the impact it will have on mobile-payments acceptance, technologies, and standards. In the meantime, much of the debate concerning Apple Inc.’s payments venture has missed a crucial point. While …

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U.S. Mobile Payments Forecasted to Reach $3.5 Billion in 2014

  Making a mobile payment is not commonplace yet, but the trend is heading that way, at least if a forecast from research firm eMarketer Inc. holds true. Mobile payments in the United States in 2014 are predicted to reach $3.5 billion, more than double the 2013 figure of $1.59 …

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Separation from PayPal Will Likely Free eBay to Add Wider Range of New Payments

One implication of the breakup of PayPal Inc. and its parent company eBay Inc., announced by eBay earlier this week and planned for next year, is that eBay will likely be free to add a slew of alternative-payment methods for sellers to accept on its online marketplaces. For years, eBay …

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Strategies: What We Can Learn from the Digital Money Index

While digital-money adoption holds great promise and has become a priority for governments globally, adoption is varied. To understand the drivers, enablers, and barriers to digital money, Citi and Imperial College London devised a digital-money readiness index Given the importance of money to society—coupled with the problems associated with transacting …

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