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Mobile Payments: CakePay Is Eating the World

FICO

Here’s a quick summary of how it works (a more in-depth description can be found here ): Install CakePay on your iPhone or Android phone and add your preferred payment card to it. A second trip to come back to pick it up with your payment card. A third to bring the card back so the guest can add the tip on the paper receipt and sign.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

While the anticipation for Amazon’s plunge into banking gets louder each year, it’s important to first understand Amazon’s existing strategy in financial services — what Amazon has launched and built, where the company is investing, and what recent products tell us about Amazon’s future ambitions. Amazon Payments.

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The Hot (And Cold) Spots Of The Enterprise Tech Boom

PYMNTS

Reports find differences in the adoption of IT hardware versus software, mobile devices and virtual cards. A 10% decline in fleet card numbers will hit Europe this decade , according to analysis from the “Commercial Cards in Europe 2015” report.

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Bitcoin Tracker: What Goes Up

PYMNTS

percent from Wednesday’s close and trending upward with a market cap over $19.2 “What goes up must come down” is, unfortunately, the most appropriate proverb to open this week’s bitcoin tracker. It all started when the price of bitcoin dropped by some $70 on Tuesday (March 7) for no readily apparent reason.

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Super-Sizing Commerce For The Super Bowl

PYMNTS

The most watched came the year before, in 2015 — when the Patriots took down the Seahawks in from of 114 million people. But unless the audience for the game grows , advertisers may have found a cap on how high a price per half-minute they can capture. (Just in case you needed even more of a reason to want the Pats to win!).

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A Tale Of Two Payments Regions: UK And Germany

PYMNTS

The study looked at 500 consumers (18+) in each country who had at least a credit or debit card. The study looked at 500 consumers (18+) in each country who had at least a credit or debit card. “The pie for card issuers in Europe is significant. ” The Highlights. Consumers need reassurance that mobile is secure.

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Squaring The Circle That Is Square

PYMNTS

Not because he didn’t have a buyer, but because his buyer didn’t have that much cash— and McKelvey didn’t take credit cards. So, while McKelvey lost out on that $2,000 sale — he and his (friend) and Co-Founder Jack Dorsey — the founder of Twitter — did end up with a $17 billion idea (Square’s market cap at the time this piece went to press).