New Trend Of Payments Via Messenger Apps

We have discussed about banks adopting social media sites like Facebook and Twitter to transfer money. To take it a step further, money transfer service has been enabled through social messaging apps such as WhatsApp, WeChat, Snapchat, BlackBerry Messenger and others. Earlier, these messenger apps were used only to chat...

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Authentication & Security

NXP & Qualcomm Collaborate To Put NFC and eSE in IOT Devices

NXP Semiconductors has announced that Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, will integrate NXP’s industry-leading near field communication (NFC) and embedded secure element (eSE) solutions across Qualcomm Snapdragon 800, 600, 400 and 200 processor-based platforms. Qualcomm Snapdragon is a product of Qualcomm Technologies, Inc. The agreement will enable...

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Financial Inclusion

Why Lending Club Is Not Profitable

Lending Club’s mission is to transform the banking system to make credit more affordable and investing more rewarding. The company’s technology platform enables it to deliver innovative solutions to borrowers and investors. Lending Club has been prominently recognized as a leader for its growth and innovation, including being named one...

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Enabling Technologies

Synchrony Financial’s Immense Focus on Mobility Via Its Innovation Station

Synchrony Financial has been enabling private label credit cards (PLCC) across more than 300,000 retail locations. Now, in order to leverage the benefits of PLCC and mobile payment technologies, the consumer financial services company has established its “Innovation Station.” The rapid growth and deployment of Synchrony Financial’s mobile capabilities has...

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