Banks & Fees

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...

01 Oct 7 advantages of digital payments during COVID

Posted at 11:09h in Banks & Fees, Contactless Payments, Ecommerce, Mobile Payments, New Technology, Our Merchants, Our Partners by Eric

The trend away from cash is nothing new and with consumers concerned about the health risks associated with handling cash, it’s no surprise that contactless and digital payment adoption is accelerating. According to a recent survey by the Electronic Transactions Association, 27% of small businesses in...

26 Aug Apple makes moves in the payment industry with Mobeewave acquisition

Posted at 13:00h in Banks & Fees, Business, Contactless Payments, Credit Cards, EMV, Mobile Payments, New Technology by Eric

Mobeewave Inc. a Canadian-based startup has been recently acquired by Apple. According to Bloomberg, the California tech-giant paid roughly $100 million USD for the company. What does Mobeewave do? Mobeewave developed technology that allows merchants to use their iPhones as mobile payment terminals. The technology allows you to...

29 Jul 7.5 Million Users Exposed By Dave Banking Security Breach

Posted at 11:46h in Banks & Fees, Business, Credit Cards, Data Breach, New Technology, Payments Security by Eric

Dave, the personal finance app and challenger bank, announced a security breach this Saturday. Dave is a unicorn tech company leading as a US challenger bank that offers free overdraft cash, budgeting, credit building and more. Approximately 7.5 million Dave users had their information exposed on a...

12 Jun New Pandemic Scams On The Rise

Posted at 14:32h in Banks & Fees, Data Breach, New Technology, News, Payments Security, Tips and Tricks by Eric

The WHO was one of the first major organizations to warn about the increase of cyberattacks and online scams happening over the past few months. In late April WHO reported a fivefold increase in cyber attacks stating that some 450 active WHO email addresses and...

31 Jul What Businesses And Consumers Should Know About The Capital One Breach

Posted at 22:27h in Banks & Fees, Credit Cards, Data Breach, News by Eric

Yesterday, a week after Equifax reached a whopping $650 million dollar settlement from their 2017 breach, Capital One disclosed in a press release that it suffered a massive data breach exposing the personal information of about 100 million Americans and 6 million Canadians. Again, another huge...

05 Feb Payments Trends to Watch in 2017

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

Between lots of new technology, evolving regulations, and emerging threats to data security, 2017 is gearing up to be an exciting year in the payments space. Here are Kubera’s Payment's stories to watch for 2017. Tech Breakthroughs Some of the most exciting payments stories to watch in 2017...

03 Oct Bitcoin’s Blockchain Technology Breaks into the Mainstream

Posted at 12:33h in Banks & Fees, Business, New Technology, News by Eric

If you follow payments and financial technology news, you may have heard the word "Blockchain" popping up more and more over the past little while. Blockchain is the technology behind Bitcoin and is an unalterable public ledger of all transactions that have been ever been executed...