Authentication & Security

Maxpay, a New Payment Processor, Will Help Merchants Build a Profitable Business Strategy

April 2016 -- Maxpay, an international payment processor, announced entering new markets with a flexible platform for any type of online business. Unlike its competitors, Maxpay provides not only payment solutions but also the consulting services for merchants to help them get more benefits from the business. The first major pain of...

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BankTech

Wells Fargo to Launch Its Own Wallet Services

In the past few years, we have witnessed a large number of mobile wallets that have been introduced into the mainstream. Convenience, outstanding ease of use and smooth experience with mobile wallets are shifting the preferences and increasing their adoption among various generations. After witnessing the increasing technology adoption, Wells...

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BankTech

Why Asia Will Dominate the World of Financial Technology

If there is one region to lead the world into the next generation of financial technology innovation, it is Asia. Despite common belief spread by media coverage that the western world is the primary source of growth of financial technology businesses, a wide range of economists and businessmen believe that...

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Payments

More Than 50% of US Credit Card Users Prefer Installments over Discounts and Free Shipping, Splitit Survey Reveals

Survey finds that high-income and millennial consumers have the highest credit card usage in income and age categories, and most in favor of paying in installments New York, NY—May 23, 2016-- Splitit, a patented payment technology enabling merchants to offer interest-free monthly payments on customers’ existing credit cards, today released...

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BankTech

A List of Mobile-Only Banks

Here’s a list of mobile-only banks that are defining the industry today: The UK Atom Bank: Atom is a startup bank. It has been authorized with restrictions by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the PRA. As a mobile-only “challenger bank,” Atom...

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Authentication & Security

The Impact of PSD 2 Explained

Under the Payment Services Directive (PSD 2), the digital revolution of making payments online is now regulated at a community level. With the power of innovation in this market, the EU-wide harmonization of online payments will lead to increased security for payment transactions and account information. Why the need for...

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BankTech

WANTED: Blockchain Query Language (BQL)

The key innovation of blockchain is that it represents the new data architecture framework and platform of decentralized trustless transactions, allowing the disintermediation and decentralization of those transactions between all parties. Every blockchain technology framework is based on a trusted and immutable decentralized transparent ledger of transaction records, supported by...

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