In an article for Forbes, Token CEO Zohar Steinberg writes that mobile payments developers have failed to ask what consumers will get out of mobile payments. In order to see higher adoption rates, he argues, those working in the space will have to figure out...
Hyatt Hotels, the chain that owns over 600 properties around the world recently found malware on their payment processing systems. They are the latest hotel chain to be breached in the past few months. Last month both Starwood and rival hotel chain the Hilton announced...
Obama has proclaimed October 2015 to be National Cyber Security Awareness Month. In conjunction with the Department of Homeland Security and the National Cyber Security Alliance, Obama promoted events focused on cyber security and training cyber professionals. In this post we will gloss over EMV and...
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)...
Are you interested in leaning something new? Or maybe taking an evening course to brush up your skills? RED Academy – Vancouver’s first fully tech-focused school is launching their summer and evening courses in July. RED Academy, founded and operated by a team of local tech professionals...
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,...
For the first time in modern society, the use of cashless payments has surpassed the use of cash by consumers, businesses and financial institutions. The Payments Council, an organization of financial institutions in the UK that oversees all payment mechanisms, reported the use of cash fell...
Since its launch in late September of last year, Apple has sold over 130 million iPhone 6 and iPhone 6 plus, boosting the company's revenue to over $130 billion (Q1 & Q2) by the end of Q2 2015. The extremely high Apple device count in use combined with...
Canada’s big six banks are negotiating with Apple and according to the Wall Street Journal, Apple Pay is expected come to Canada in November. For those who aren’t familiar, Canada’s big six consist of the Royal Bank of Canada, Toronto Dominion Bank, Bank of Montreal, National...
From a merchant perspective, there is a myth that switching over to EMV Chip and PIN is more expensive than swipe and sign.In some cases, if you own terminals that facilitate EMV, software needs to be bought to manage the PIN, but it’s not really...