Cryptocurrencies like bitcoin have been all the rage this year, ushering in a frenzy of initial coin offerings, otherwise known as ICOs. But while startups have been raising serious cash via these ICOs, Bloomberg has found that not many of the tokens remain in use...
Venmo has a new creative campaign, but if you like it, don’t rave about it — just _______ them. That’s how the FinTech’s new creative content is structured. It’s called the “Blank Me” campaign. According to Venmo’s Head of Marketing, Kasia Leyden, the idea is to...
The world beat a path to Scandinavia’s door this year when it came to mobile payments. Samsung Pay was the first international competitor to plant its flag in 2017, followed by Alipay, with Apple Pay expected to make its official entry into the market before...
PayPal chief executive Dan Schulman underscored the company’s commitment to diversity in a blog post published Wednesday (Oct. 11), saying the company is focused on making a positive difference in the world. “Our ability to deliver on our mission of democratizing financial services and capabilities...
The move from plastic to pixels may be a slow one. Changing consumer behavior is no easy feat, as we’ve seen with slow user adoption of Apple Pay at the register. Might technology close the gap between making a new payments method available and spurring...
China’s Golden Week appeared to be good for Alipay, the digital payment unit of Alibaba, which saw a big uptick of in-store transactions outside China compared to a year ago. According to a news release, Alipay stated that its Chinese users engaged in eight times...
Some baseball fans should have an easier time seeing their favorite teams next season: Major League Baseball (MLB) announced that the Oakland Athletics participated in a new NFC ticketing solution that allowed fans to enter stadium payments by simply tapping their phone (or Apple Watch)...
USA Technologies, a payment technology provider of cashless and mobile transactions in self-serve retail, announced on Monday (Sept. 18) a strategic agreement with Premier Food Service, a Canteen franchise and food service provider in Kansas. In a news release, USAT said it is working with...
Central banks that are mulling over issuing their own cryptocurrencies would be better off waiting, said the Bank for International Settlements. According to a news report in Reuters, while central banks use digital money, the risks of issuing cryptocurrency haven’t yet been fully assessed, and...