WhatsApp is testing a payment ability in India which will enable users to send money to other users of the mobile app. Citing sources familiar with the company’s plan, TechCrunch reported the service is currently in beta tests. WhatsApp has opted not to make an...
If death and taxes are sureties, insurance payments rank up there, as people insure homes and autos and apartments against any number of calamitous scenarios. The paper chase is one that insurance carriers and policyholders would like to forget — the statements in the mail, the...
The year was 1999. eBay, then four years old, bought payments provider Billpoint to improve the payments experience on its site. When eBay first launched in 1995, the primary way that buyers and sellers did business was via paper check and snail mail. Back then,...
SoftBank, the Japanese company that just acquired a stake in Uber, is mulling creating a digital payments service aimed at taking on competitors like PayPal, Apple and Alipay. According to news from The Times, citing various sources, SoftBank is contemplating supplanting the leading players in the digital...
Workers in the gig economy don’t always get paid as quickly as they’d like. Drivers for Uber, for example, have their payments calculated on a weekly basis that begins and ends each Monday at 4:00 A.M. Lyft, too, calculates driver payments on a weekly basis....
LG Electronics, the South Korean technology company, is gearing up to roll out a mobile payment system for U.S. consumers. Citing LG, the Yonhap News Agency reported that the payment system will be launched in the first part of 2018, timed to coincide with the...
Chris Larsen, the co-founder and executive chairman of Ripple, is now among the five richest people in the U.S. after a surge in its cryptocurrency XRP over the past few weeks. According to a report in CNBC, citing Forbes, Larsen holds 5.19 billion of Ripple’s...
Israel is gearing up to ban bitcoin and other cryptocurrencies from the Tel Aviv Stock Exchange, reported Reuters. Shmuel Hauser, chairman of the Israel Securities Authority (ISA), said he is bringing the idea of a ban to the ISA board next week. If it is...
Should Israel embrace cryptocurrencies wholeheartedly? It deserves a look, in an effort to bring the country along as an international hub for initial coin offerings, commonly called ICOs. That sentiment is according to Shmuel Hauser, who heads the Israel Securities Authority. Bloomberg reported news that Hauser...
