Payment Week

Payment Week
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Payment Week

 •  February 23

Industry Leaders FairFX made a name for itself as a banking service and payment operation that could deal in several different currencies. This gives it a kind of versatility in its normal function that made more than a few pay attention. Now, it’s stepping up that versatility with a new acquisition, directly purchasing the entire issued capital of...

Payment Week

 •  February 22

Mobile While for awhile there, Google’s mobile payments plans were pretty badly fractured, events were taking place behind the scenes to help unify the offerings and bring them together under one handy umbrella. That effort has finally borne fruit, and Google Pay is now officially live, thanks to reports from the company. Reports suggest that the...

Payment Week

 •  February 22

Mobile Give Commonwealth Bank credit; the Australian bank likely took note of the recently-revealed Telsyte study that revealed bank customers in Australia were sufficiently attached to their mobile devices of choice that they’d jump ship in favor of a bank that accommodated them. Commonwealth Bank was by some reports one of the biggest laggards on...

Payment Week

 •  February 22

Credit, Debit, & Prepaid For a while there, it looked like Sweden might well be the first cashless society in Europe, if not the world outright. The country had been enthusiastically taking to mobile payments and putting these to use with a fervor to top most anywhere else. New reports have emerged, however, to suggest that Sweden may have found...

Payment Week

 •  February 21

Security Just recently we heard about an issue between Coinbase and Visa that left some wondering if the vaunted cryptocurrency exchange had been hacked. A new report out recently says that Visa’s taking the blame for this one, and is already working to reverse the transactions in question. The newest reports say that the events that led to...

Payment Week

 •  February 21

Global Payments Recently, a new report known as the Telsyte Smartphone and Wearable Devices Market Study emerged to give Australian banks—and likely a few others outside the country—some distressing news. Apparently Australians are so committed to mobile devices and their use that they will haul stakes and move from one bank to another on the...

Payment Week

 •  February 21

Digital Currencies Customers are increasingly digital-savvy, and are making investigations into potential purchases that go way beyond anything ever seen before. Yet the environment works against these astute consumers; there’s a lot of information to crawl through, and eventually, even the most stalwart will likely give up. However, there may be a...

Payment Week

 •  February 21

Security The latest word out of the White House isn’t good news for anybody doing business online. It turns out, the reports noted, that just in 2016, cyberattacks cost the United States as a whole somewhere between $57 and $109 billion. Such figures should have businesses reconsidering their security picture closely. Granted, the newest reports...

Payment Week

 •  February 20

Security There’s trouble out at the Coinbase cryptocurrency exchange right now, and no one’s exactly sure just who’s to blame. Hackers have been mentioned, but so too has a glitch at the credit card level. While an exact cause has yet to be pinned down, there’s problem enough to go around, and unraveling the mess may take some time. The word is...

Payment Week

 •  February 20

Global Payments I’m still at least a little amazed that mobile payments firms are continuing to enter the market. I would have thought saturation was a thing by now, with so many firms already in play. That’s just not the case, though, as recent startup Lydia has already taken the French mobile payments market by storm and is eyeing a worldwide...