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Not afraid: The fear of contactless payments fraud in Europe is abating, feeding an interest in "wearable" payments via watches, bracelets, rings and other accessories, reports
Phone bitcoin: Shakepay has launched a cryptocurrency wallet that enables Canadians to buy and sell bitcoin and other currencies directly through a mobile phone with a single click. The Shakepay wallet also supports Canadian-dollar P-to-P transfers through the Interac network and cashing out cryptocurrencies to Canadian dollars. The Montreal-based Shakepay's founders, Jean Amiouny, a lecturer at McGill University; and Roy Breindi, who worked as a technology associate at Morgan Stanley, envision the wallet as part of an improved bridge between alternative currencies and government-backed money.
Taxing in Canada: Companies such as
From the Web
TechCrunch | Thu Feb 22, 2018 - Few problems are as much of a headache for the modern corporate worker as buying things on the company’s dime. Companies are loathe to hand out credit cards to everyone in the building, but they also want their employees to do your job without having to fill out six forms in triplicate to requisition a pencil. Andrew Hoag, the founder and CEO of New York City-based Teampay, says that companies do crazy things to handle these problems. “We run across customers that cancel a corporate card every three months to reset it,” he explained. That’s where Teampay comes in. The product allows companies to provide virtual credit cards to every employee, and then follows that up with a suite of approval workflow and analytics features that will make every CFO swoon and employees rejoice at the ease of buying services. The company announced today that it has raised $4 million in venture capital led by Rick Smith at Crosscut Ventures.
CNBC | Fri Feb 23, 2018 - Hosp has explained before why a potential cryptocurrency bubble could burst in 2018, but there are several factors that make him see upside potential in the space. For bitcoin, the most important cryptocurrency by his estimation, he sees a 150 percent potential upside for 2018. Taking into account several factors, the cryptocurrency market's upside potential could rise to up to seven or eight times present levels, he says.
U.S. News & World Report | Fri Feb 23, 2018 - At one point or another, much of the U.S.’s data passes through Georgia. The state is a financial technology capital, with 70 percent of all payment transactions handled in Atlanta. And Georgia is a major internet access point for not only the Southeast but also the Caribbean and part of South America, says Stanton Gatewood, the state’s chief information security officer. “We have a tremendous amount of information flowing through the state of Georgia,” he says.
More from PaymentsSource
There are practical lessons from Amazon's service model that can be applied elsewhere, writes Derek Corcoran, chief experience officer at Avoka.
Ant Financial, which operates China's popular Alipay wallet, has a plan for the U.S. that goes beyond its abandoned purchase of MoneyGram.
Wirecard has partnered with SES-imagotag, which makes electronic shelf-labeling systems, for a new technology enabling consumers to buy products directly from store shelves with their smartphones.
Eyeing sectors with increased independent work forces and growing tourism, cross-border payments provider Transpay says it is making its business-to-business mass payout platform available in Australia, New Zealand and South Africa.
