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The U.K. is ahead of the U.S. in nearly every aspect of payments, except for mobile or remote deposit capture—a technology designed for checks, which are in decline but still a preferred payment choice for a couple of industries.
Seeking online merchants that are angry about fraud-related chargeback expense, Kount and Ethoca are partnering to tip off businesses about payment cards that have a track record of suspect transactions.  more »
Payment companies need to pay attention to social payments, which will get a major boost as consumers get more comfortable with mobile transactions.  more »
FinTech Forward
FIS Opens Tech 'Garage' in (Where Else?) San Francisco
FIS has designated a permanent area in its San Francisco office to test and showcase mobile banking and payment apps, highlighting the pressure on traditional vendors to stay current on emerging technologies and recruit young tech talent.  read more »
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