Enabling Technologies

Which Countries are Closest to Cashless Societies?

There are several reasons not to like cash, but ours remains a cash-based world. Consider the journey towards a cashless world: it is like a gradual trek toward electronic payments shaped by local factors. Cash accounts for about 85% of global consumer transactions. This remains true even as much of...

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BankTech

ZenPayroll, A Modern Hassle Free Payroll Solution Provider

ZenPayroll is a company that offers a modern, hassle free payroll processing experience with its cloud based application. Its SaaS based online payroll software helps in automation of all payroll tax calculations, payments and government filings effortlessly. This DIY (Do it Yourself) model of payroll processing reduces the time and...

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Payments

Vengo Teams Up with Signal360 to Bring Mobile Engagement Capabilities to Vending Machines

Vengo, a point-of-purchase consumer marketing platform, offering compact, high-tech, interactive vending machines has announced a partnership with leading proximity provider, Signal360. Vengo vending machines are currently in premium colleges, offices, bars and malls, across New York City, Chicago, and Boston with plans to expand the network to another 3 cities...

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BankTech

How Will Millennials Disrupt the Industry? An Infographic

The following illustrations highlight key findings from the Millennial Disruption Index (MDI). This particular study involved 10,000 millennials surveyed about 73 companies across 15 industries, payments and commerce being one of them. Here's what was found: Source: Viacom Media Networks

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Blockchain

Orange says “Let’s Talk Bitcoin” in New Silicon Valley Focus

Orange, a global telecommunications giant, has recently entered the bitcoin space, starting with a campaign that is being spearheaded by its Silicon Valley Branch. Orange Silicon Valley, or OSV for short, intends to fund startups with up to $20,000 in investments per startup. According to Bloomberg, talks with two bitcoin...

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Payments

Finally a 60,000 Strong Beacons Land-Grab, by Blue Bite & Freckle IoT

Freckle IoT (The Internet of Things), an ad tech company that activates next generation connected devices, has announced its partnership with Blue Bite, the mobile standard in Out-of-Home, which provides mobile technology for the retail industry. This partnership follows the deployment of 60,000 beacons across the US, creating North America's...

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Lending

This Online Marketplace for Consumer Credit Raised $165 Million

Prosper Marketplace, which operates one of the largest privately held online marketplaces for credit, announced a $165 million Series D financing, led by Credit Suisse NEXT Investors. Additional investors include J.P. Morgan Asset Management, SunTrust Banks, a subsidiary of USAA, BBVA Ventures, Neuberger Berman Private Equity Funds, Passport Capital, Breyer...

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Payments

Plenti, the First Coalition Loyalty Program in the US

Earlier this year, AT&T, ExxonMobil, Macy's, Nationwide, Rite Aid, Direct Energy and Hulu joined hands with American Express to launch Plenti, the first U.S.-based coalition loyalty program featuring well-known brands. Consumers can earn and use Plenti points for purchasing a wide range of products, regardless of the payment method consumers...

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