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IBM Touts Security of Blockchain Cloud Service
IBM has released a set of blockchain cloud services built to meet security and compliance standards for companies in regulated industries — particularly, financial services, healthcare and government.  more »
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A partnership between carrier billing provider Boku and digital music service Spotify will allow consumers in Germany and Italy to subscribe to Spotify using their mobile phone numbers. more »
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Loyalty marketing is considered a substantial lure for mobile payments, but the introduction of new channels also complicates the strategy, according to Kevin Wray, the chief commercial officer at Switchfly. more »
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Visa launched its Visa Developer platform earlier this year to open up to third-party developers and bring more attention to digital commerce, a move that gives its second annual "Everywhere Initiative" even more meaning. more »
Bloomberg News
PayPal Holdings Inc. reported first-quarter sales and profit that beat estimates, adding customers against an onslaught of competition from credit-card issuers, startups and smartphone makers looking for a piece of the fast-growing digital payments market. more »
"No company in the micro merchant space has figured out how to do this profitably. Together we deliver these services more efficiently," said SumUp CEO Daniel Klein.
It's been a tough time to be a mobile point of sale company, but SumUp believes it's found the right formula to not only get through the shakeout but to thrive. more »
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Music superstar Beyoncé Knowles
American Express is giving a limited number of Uber riders access to Beyoncé's Formation concert tour, in the latest example of a financial services company allying with the tech-savvy ridesharing service. more »
Bloomberg News
With the backdrop of a tough financial second quarter, Apple executives both sang the praises of Apple Pay's uptick in consumer use and admitted the company has to view the mobile payment service as a future money maker rather than a key contributor now. more »
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The growth of in-app and social media payments may please consumers, but merchants are worried that these new forms of card-not-present payments will expose them to more fraud liability. more »
Bloomberg News
"Behind the scenes, we’re leveraging a number of payment partnerships," said PayPal SVP Bill Ready.
A troubling gap is growing between the promises being made around mobile payments to consumers and merchants, and what payments technology providers are actually delivering, according to PayPal’s Bill Ready. more »
Bloomberg News
Alibaba Group Holding Ltd.’s finance affiliate has completed a record $4.5 billion equity fundraising round, according to two people familiar with the matter. more »
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Bitcoin and similar digital currencies are often portrayed as enablers of faster payments, but there are other ways to execute fast international transfers. more »
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China's sheer size is an obvious attraction for companies involved in global payments and commerce, but the country poses hurdles that even giants like MasterCard and Visa find vexing. more »