In 2016, every business is a digital business. Traditional businesses will be vulnerable to disruption, and emerging industries will face new threats. With cyberattacks costing businesses about half a trillion dollars – conservatively – in 2015 alone. What does 2016 hold?
Cybersecurity will be a focus of the upcoming presidential election as organized crime rings continue to expand and terrorism shifts online. Retailers will continue to fall victim to attacks and suffer millions in losses and debts, leading to more lawsuits.
There is a windfall of US$380 billion in annual revenues waiting for banks to tap by targeting micro-enterprises and bringing unbanked and underbanked adults into the formal financial system.
Start-up PaySwag, the first white-labeled mobile app to bring a new approach to collections for underbanked consumers, businesses and governments, is making its pitch at Money20/20’s Las Vegas inaugural StartupPitch180 competition.
Master Your Card, a community empowerment program sponsored by MasterCard has formed a new coalition that will work to help financially underserved African Americans build financial strength and gain financial inclusion through the effective use of electronic payment technology.
Acculynk has completed its implementation and “gone-live” with the City of College Park. Acculynk was awarded the contract in late June with the intent to deliver a unique and multi-channel solution that facilitates the payment of utility bills for the citizens of College Park.
Djibouti-based East Africa Bank has unveiled its first co-branded MasterCard payment card in Djibouti, with the roll-out of 5,000 MasterCard debit cards.
In today’s CardFlash News Que: BBVA (Destacame.cl); BLUEFIN (EchoSat); CORECARD (growth); and MASTERCARD (Rugby).
CardWeb.com’s CardData database of Company Profiles today features COGNICAL a/k/a Zibby
Almost 56% of millennials would switch from their current bank for an account that did not automatically pay overdraft items for a fee. Also, while online banking is the preferred money management channel for all segments analyzed, millennials are three times as likely to report that mobile is their preferred channel.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Lisa Shields, is President & Chief Executive Officer of Hyperwallet Systems.
Mobile phone and tablet users will make 195 billion mobile commerce transactions annually by 2019, up from 72 billion this year. The highest net increase in transaction volumes will occur in the digital goods sector, fueled by a surge in micro-payments for in-app purchases, notably within arenas such as social gaming.