The information you need to start your day, from PaymentsSource and around the Web: Thales ‘wins’ Gemalto to build an IoT security power: Thales has already spent more than $1 billion over the past three years to expand digital security and centralize hardware monitoring, and will spend $5.4 billion more to acquire Gemalto. Thales hopes…
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The information you need to start your day, from PaymentsSource and around the Web: Apple at night: Apple reportedly released an iOS update in the middle of the night on Friday that brought new features such as Apple Pay Cash, Apple’s competitive answer to PayPal’s Venmo social P-to-P transfer app. Engadget reports the iOS 11.2…
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The information you need to start your day, from PaymentsSource and around the Web: Instant real-time payments: Banks need to embrace real-time payments as soon as possible to beat back encroachment from virtual currency, according to Yves Mersch, an executive board member of the European Central Bank, who was speaking at a bank industry event…
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The information you need to start your day, from PaymentsSource and around the Web: Samsung stories: Samsung has filed a patent in South Korea for a story feature that would be part of Samsung Pay. Users would share purchases and rate businesses such as restaurants. The Verge reports Samsung may also hire celebrities to market…
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The information you need to start your day, from PaymentsSource and around the Web: Not stressed enough? U.K. banks are prepared to weather myriad economic risks, including a “hard Brexit,” but may be overestimating their ability to limit losses due to payment startups and open banking, reports The Express on the Bank of England’s 2017…
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The information you need to start your day, from PaymentsSource and around the Web: End of net neutrality nears: Ajit Pai, FCC chairman, has announced a plan to remove regulations designed to govern equal access to the internet, commonly called net neutrality. The New York Times reports the FCC will vote on Dec. 14 on…
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The information you need to start your day, from PaymentsSource and around the Web: Cyberpay voyeurs: Venmo’s social payment app has been popular with younger consumers for years, and its growth is putting wind in parent PayPal’s sails. But there’s an unintended use, as people scroll the app’s public activity feed to track the buying…
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The information you need to start your day, from PaymentsSource and around the Web: Mastercard’s hub in Sydney: Nearly half of Mastercard’s 800 staff in Australia are technology engineers, leading the card network to open a technology and innovation in Sydney, its only such facility in the southern hemisphere, reports Australian Financial Review. The center…
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The information you need to start your day, from PaymentsSource and around the Web: A record for Singles Day: Singles Day, or China’s version of Black Friday, has smashed records for the second year in a row, reaching $25.3 billion, or 40% higher than 2016’s total of about $18 billion, reports The New York Times.…
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The information you need to start your day, from PaymentsSource and around the Web: Western Union scores in digital: Western Union has made several moves to ramp up its technology game in the face face of fintech rivals, adding support for mobile payments through Apple Pay and embracing messenger bots in the past year. It’s…
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