Clover finds the winning formula by taking on the “Apple” of payment devices

Clover finds the winning formula by taking on the “Apple” of payment devices

Tucked inside nearly 40 years, Fiserv Inc. is a Square-like company that’s actually bigger than the flashy Jack Dorsey company. Fiserv FISV, -1.82% Clover Business may not have the same pop culture cachet as Block Inc.’s SQ, -0.52% Square Unit, but the company has thrived in the small business payment processing market by following a … Read more

ING, NXP and Samsung join forces for a new mobile payment method

ING, NXP and Samsung join forces for a new mobile payment method

ING and NXP Semiconductors have developed a payment method that involves pointing your mobile phone at the person you are paying. The method is called NEAR and was developed by ING Factory, ING’s workshop for customer and payment technological innovations. ING and NXP are working with Samsung to ensure that the payment method is compatible … Read more

Alleged Chinese police database hack leaks billion-dollar data

Alleged Chinese police database hack leaks billion-dollar data

HONG KONG– Hackers claim to have obtained a trove of data on 1 billion Chinese people from a Shanghai police database in a leak that, if confirmed, could be one of the world’s biggest data breaches. ‘story. In a post on online hacking forum Breach Forums last week, someone using the handle “ChinaDan” offered to … Read more

Alleged Chinese police database hack leaks billion-dollar data

Alleged Chinese police database hack leaks billion-dollar data

HONG KONG– Hackers claim to have obtained a trove of data on 1 billion Chinese people from a Shanghai police database in a leak that, if confirmed, could be one of the world’s biggest data breaches ‘story. In a post on online hacking forum Breach Forums last week, someone using the handle “ChinaDan” offered to … Read more

Why Apple’s BNPL efforts could mark a ‘tipping point’ in lending

Why Apple’s BNPL efforts could mark a ‘tipping point’ in lending

Apple Inc.’s expansion into buy-it-now, pay-later financing could be just the start of an attempt to shake up the traditional payment system. The consumer electronics giant has already dabbled in other financial services businesses, including through its Apple Pay payment technology and a co-branded credit card made with Goldman Sachs Group Inc. GS, -2.09%. However, … Read more

Why did crypto go down? Mark Cuban compares crypto ‘lull’ to early internet

Why did crypto go down?  Mark Cuban compares crypto ‘lull’ to early internet

Mark Cuban, billionaire entrepreneur and owner of the NBA’s Dallas Mavericks, believes cryptocurrency is on the same downtrend that tech and internet companies hit in the early 2000s. Bitcoin prices hovered around $24,000 in Juneits lowest levels since late 2020, and sales of non-fungible tokens, aka NFTfell between January and March 2022. See also: Mark … Read more