More than 300 prison inmates in Idaho received a quarter million dollars in credits to their JPay accounts by allegedly exploiting a bug in the system. According to a report in the Associated Press citing officials, the credits happened when users placed items in their online shopping...
Ant Financial Services, the Chinese payment affiliate of Alibaba, has created a massive FinTech company that is turning Chinese banking on its head as the sector contends with the disruptive nature of FinTechs. According to a report in the Wall Street Journal, last year Ant...
The digital economy doesn’t depend on just numbers and images. Words still matter. Companies need lively product descriptions and online ad copy, along with other textual content that serves to persuade consumers to part with their money. Keeping that word machine going — and making sure...
Venmo, the P2P service owned by PayPal, took in more than $14 billion in payments volume during the second quarter of 2018, a 78 percent year-over-year increase. Company officials also seemed pleased with their efforts to introduce more revenue-attracting services to Venmo — a positive sign...
A consumer can own multiple credit cards and live in a highly technological society and still want to pay via a method that can come pretty close to resembling cash. That is among the emerging lessons offered by Paidy, which in late 2014 launched Japan’s...
Rambus, the digital security, semiconductor and IP products and services company, announced Tuesday (July 24) that Coles, the Australian retail group, has selected the Rambus Unified Payment Platform to securely power its Digital Payment Solutions. In a press release, Rambus said its Unified Payment Platform provides customers...
SoftBank of Japan is gearing up to announce the launch of a mobile digital payment service in the country by the end of this year. Bloomberg, citing people familiar with the matter, reported that the service will result from a partnership with Paytm, the India-based digital...
As a species, human beings tend to like consistency. That desire extends to eCommerce, too — and it’s the motivation behind a new digital payments technology called Secure Remote Commerce (SRC), backed by industry heavyweights such as Mastercard, Visa and Worldpay. The idea behind SRC, and its...
Visit a construction job site and – along with the water coolers, chain link fences, portable toilets and tools – chances are you will come across stacks of papers, including plans, permits and invoices. And that can present problems. Along with significant, even existential, risk....
