Blog - Kubera

27 May What is Multi-Factor Authentication?

Posted at 12:03h in Business, Data Breach, New Technology, Payments Security, The Cloud, Tips and Tricks by Eric

Multi-factor Authentication (MFA) is an authentication method where a user is given access to an application or website after providing two or more verification factors. In addition to using a username and password to gain access to your apps, MFA requires the user successfully present...

18 May China Officially Bans Financial Companies From Offering Cryptocurrency Services

Posted at 23:39h in Banks & Fees, Cryptocurrency, New Technology, News by Eric

Today – May 18, 2021. China banned financial institutions and payment service providers from offering any services related to cryptocurrency transactions. This is China’s latest attempt to curb the digital trading market. According to Reuters, “Under the ban, such institutions, including banks and online payments channels, must...

30 Apr Pandemic accelerated: 5 payment trends for 2021

Posted at 23:00h in Banks & Fees, Business to Business, Contactless Payments, Credit Cards, Ecommerce, EMV, Mobile Payments, New Technology, News, Payments Security by Eric

The past year has been incredible for the digital and payments space. Due to COVID-19 we’ve seen a significant change in the way consumers shop and handle payments. Over half of consumers surveyed by JP Morgan last year agreed that they used digital banking tools more...

25 Apr Will we ever become a completely cashless society?

Posted at 15:20h in Banks & Fees, Contactless Payments, Credit Cards, Ecommerce, EMV, Inspiration, Mobile Payments, New Technology by Eric

The COVID-19 pandemic has accelerated many industries especially ecommerce and mobile payments. For example, the US ecommerce market grew 44% in 2020 – nearly triple in spending from 2019. In the UK, the numbers are nearly parallel with the US at 46% growth according to...

18 Apr P2P Payments: Do The Benefits Outweigh The Risks?

Posted at 15:27h in Banks & Fees, Mobile Payments, New Technology, Payments Security by Eric

These days, there are many P2P options in the market, including: Apple Pay, Google Pay, Paypal, Facebook Pay, Venmo, Zelle and Square Cash. As we continue through our second year of the pandemic, mobile P2P payment apps and services have increased in popularity like never...

10 Apr More bumps in the road for Bitcoin’s acceptance as payment

Posted at 11:21h in Mobile Payments, New Technology, Point of Sale by Eric

We’ve seen some major changes for Bitcoin in the past year. In the middle of March 2020, at the start of the pandemic, Bitcoin saw a significant low of just under $5,000 in line with the stock market crashing. Like the stock market, Bitcoin saw a huge...