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Virtual reality, real money: Alibaba to enable VR shoppers to pay by nodding

Virtual reality, real money: Alibaba to enable VR shoppers to pay by nodding

by Payment Solution Pros | Nov 8, 2016 | Card Processing, digital trends, Ecommerce, FinTech

Alibaba, often referred to as the Amazon.com of China, is working on a new payment method that will allow shoppers wearing virtual reality headsets to make payments without removing the devices. Called VR Pay, it will allow people to select items for purchase from...
PayThink Mobile Wallets Must Fix Insecure Card Provisioning

PayThink Mobile Wallets Must Fix Insecure Card Provisioning

by Payment Solution Pros | Nov 1, 2016 | Cybersecurity, Data Security, Digital Wallets, FinTech, Mobile Wallets, smartphone

Mobile wallets check off several boxes on consumers’ payments wish list: ease, convenience and options. Yet, mobile wallets also signify new opportunities for fraudsters. As card-free commerce becomes more enticing for consumers and businesses alike, banks and mobile...

Number Of People Using Non-Bank Options To Manage Their Money Could Double In 2016

by admin | Dec 24, 2015 | FinTech, news

In the first nine months of 2015 alone fintech startups raised $10.5 billion from venture capitalists and other big investors. But are real people actually using their products? In the early days of fintech companies plowed their often sizable war...

7 Trends in Biometric Technology as It Applies to FinTech

by admin | Nov 10, 2015 | biometrics, FinTech, news

Mitigating the risk of a security breach and protecting customer data is one of many concerns that need to be addressed with innovative technological solutions and methods. Biometric authentication is one such solution to this problem. With rapid innovation in this...
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