For the first time ever, more merchants support mobile apps than a dedicated mobile website for online shopping. This insight is according to Kount’s 2018 Mobile Payments and Fraud Report. This staggering fact illustrates the type of dynamic changes taking place within the mobile channel. This year’s results uncovered critical findings for payment options,…
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by Grubhub & PayPal Mobile devices have changed how we interact with the world around us. From posting photos in the moment, interacting with five different apps to communicate with our friends and family, or how we shop for anything imaginable, we’re able to browse, purchase, share – you name it – with a simple…
Year 2017 statistics show that there are 48.1 million mobile payment users in America and research predicts that this number is likely to increase to 74.9 million by year 2022. A quick look at the data suggests that we may be headed to a cashless society. While you may think that the need to invest…
It is no secret that fintech companies have enormously eased the way consumers transact financial products and services. With the emergence of fintech start-ups offering services such as electronic payments, money transfers, bitcoin blockchain, and virtual currencies, fintech has successfully taken away the monopoly of monetary services from traditional banking. Moreover, long-established financial institutions are…
By Sharon Rosa-Bohrer Blockchain is intended to be highly secure because it’s allegedly an immutable distributed ledger technology that decentralizes data storage and protection. Connecting unrelated parties without middlemen, blockchain provides a historical record of all data and financial transactions. However, the promise of blockchain going mainstream and someday facilitating a universal payment network…