Banks & Fees

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...

30 Jan How your business can gain from the EMV Chip and Pin liability shift

Posted at 22:22h in Banks & Fees, Business, Contactless Payments, Credit Cards, Mobile Payments, New Technology, Our Merchants, Payments Security, Point of Sale, Sustainability by Eric

Globally, the majority of other countries have already migrated to EMV Chip and Pin technology. This made the US an easy target for credit card fraud activity. The EMV liability shift is helping address credit card fraud security vulnerabilities related to the poor payment processing...

15 Sep The EMV Liability Shift: What you should be doing right now

Posted at 01:07h in Banks & Fees, Contactless Payments, Credit Cards, Mobile Payments, New Technology, Our Merchants, Payments Security by Eric

The U.S. is the last developed country in the world to throw away the magstripe card and move to EMV. So begins the October 2015 liability shift. Starting this October, until the end of the year, an expected 6-8 hundred million EMV enabled credit and/or debit cards...

30 Jun Choosing the right receivables solution

Posted at 17:20h in Banks & Fees, Credit Cards, New Technology, News, Our Merchants, Point of Sale by kubera_access

Having the right process and efficiencies for executing your company’s invoicing and payments is integral to its financial wellbeing. Discrepancies, delays and all things associated with human error can leave your company with greater sales outstanding, unnecessary overhead costs, and potentially customer discontent. In the infographic (PDF)...

31 May Moving towards a tech future in Canada with mobile payments: iOS 9 and Android pay

Posted at 23:29h in Banks & Fees, Credit Cards, Mobile Payments, New Technology, News, Point of Sale by kubera_access

9to5Mac reports that there will be several improvements to Apple iOS 9 including features that will help close the gap between the banks and Apple Pay.The first improvement mentioned is Force Touch. A capability that is available on the new MacBook and Retina MacBook Pros,...