San Francisco-based Credit Karma is expanding to offering “thin file” consumers access to the information in their credit files and details on why they do not have a credit score. The information site will also offer recommendations.
While the first release of Apple Watch will attract gold-standard customers: high income, younger, and extremely engaged in digital banking, payments, and shopping, the second wave of adopters will likely follow in 2016 year, which could be the real test for apple.
iPad point-of-sale (POS) solutions provider for retailers and restaurants, Bindo, is teaming with Powa Technologies and APG China, a well-known producer of retail industry cash drawers. Powa Technologies is a specialist in retail commerce and technology hardware.
American Express total volume for the Japan, Asia Pacific & Australia region rose 16% year-on-year (YOY) in the first quarter; the Europe, Middle East & Africa region increased 8% YOY, while the Latin America & Canada billed business declined 4% YOY in Q1, all on a currency adjusted basis. Overall, billed business outside the USA was up 8% YOY.
The number of U.S. credit cards issued on the Visa, MasterCard, American Express and Discover networks is expected to reach 943 million by year-end 2019. According to forecaster RAM Research, the U.S. credit card industry is growing at a CAGR of 9.08%.
A new study has found the total value being moved through mobile banking apps in the U.K. is expected to double by 2020 while the amount of money being sent per week via online banking in the U.K. will rise 50%. Based on the new data, RAM Research calculates the number of mobile users and online users will grow at a Compound Annual Growth Rate (CAGR) of 16.33% and 6.02%, respectively.
Employees may come to work with a compromised wearable device, or pull their hacked connected vehicle into the company parking lot. This creates a new type of cyber risk for organizations – with significantly increased complexity and exposure. As the Internet of Things increases the cyber “attack surface,” companies must broaden defenses to include the plethora of embedded devices that now make up their ecosystem.