Tokyo-based SoftBank is partnering with New York-headquartered tech giant IBM to launch a cross-carrier blockchain platform, with special focus on technologies that will enable smartphone users to conduct local payments while traveling abroad and roaming. In an October 22 release, SoftBank’s management stated that it will work with IBM and blockchain firm TBCASoft that creates...Read More
While there is no concrete plan to make any specific crypto moves, an Apple Pay executive has just confirmed that the company is paying attention to the sector. Hopefully and at some point, Apple Pay will support cryptocurrency. Apple has not been very forward regarding cryptocurrency and blockchain technology in general. A recent report from...Read More
It has come to light that the world’s 4th largest smartphone manufacturer, Xiaomi, wants to enter the consumer lending business in the crowded Indian market in the coming weeks, recent news report. China-based smartphone manufacturer Xiaomi has revealed that they will soon enter the consumer lending business in India in the coming weeks. Xiaomi is...Read More
Consumers have been reluctant to accept transacting with phones in stores, but instead, the bank prepares to integrate more retailers that embrace Chase Pay via merchant apps plus food ordering firm Grubhub. JPMorgan Chase &Co is warming up to close its Chase Pay app in the third reversal of the bank on digital incentives in...Read More
Experts from the payments industry believe that Apple Card launch can boost the company’s Apple Pay digital wallet system which can give tough competition to giants like Venmo, PayPal, and Square Cash. Earlier this week on Tuesday, August 20, tech giant Apple launched its Apple Card in the US market. Apple’s foray into the payments...Read More
Facebook Inc further extends its reach towards establishing its dominance in the Asian market. Having that it’s instant-messaging app – WhatsApp partners with multiple Indonesian digital payment firms to offer their mobile transaction services. Indonesia has an estimated value of 260 million people. Been that the nation enlists among the top-five largest markets for WhatsApp,...Read More
Apple officially launched its Apple Card payments service to the US customers along with introducing its Daily Cash rewards program and other benefits. As almost every tech giant is flexing its muscles to grab a share of the payments industry, Apple is no different! On Tuesday, August 20, the Cupertino-based tech giant officially launched the...Read More
