News Topic: Technology

Developers should consider incorporating rewards and other tools such as receipt tracking in new mobile payment applications to promote broad adoption. ... Read full article

The technology fails to deliver a substantial difference in convenience for customers, resembling the struggles faced by the mobile payments industry. ... Read full article

Accelerate consumer adoption, refine the value proposition, align perception with values and begin planning for the next round. ... Read full article

A payments startup that ignores Bitcoin in its strategic plan is like a publisher ignoring the Web in 1999. ... Read full article

With bitcoin in the media spotlight, everyone seems to have an opinion on the price. Few recognize the profound implications of decentralized money for the monetary system, society and government - not to mention the emerging business opportunities. ... Read full article

Bitcoin and similar rogue digital money exploit the public appetite for an alternative to traditional banking. To stave off this threat, central banks should embrace secure, well-regulated digitization of fiat currencies. ... Read full article

While some call Bitcoin an "existential threat to the state," local governments could soon embrace the digital currency and payment system as a practical alternative to credit and debit cards. ... Read full article

The exchange rate may be volatile now, but as the market eventually finds equilibrium and stabilizes, bitcoin will become an important store of value — beyond restriction and confiscation. ... Read full article

Forcing traders to strap computers on their heads may sound extreme, but consider the current threat. Saving billions from trading losses might take the sting out of the loss of privacy. ... Read full article

Disruptions like Bitcoin can cause massive value destruction and massive value creation. ... Read full article

Steps financial institutions can take to prepare for social media compliance with impending regulation from the Federal Financial Institutions Examination Council. ... Read full article

To the detriment of consumers, innovations in banking tend to be conservative, late, and incremental, despite top talent and plenty of ideas. Is regulation backfiring? ... Read full article

Money was never meant to be a method of supranational identity tracking. Its use in that way could signal law enforcement desperation. When all other tactics fail, surveil the finances. ... Read full article

Digital money like Bitcoin opens up possibilities for banking without central planners or a lender of last resort, where interest rates and reserve requirements are driven purely by the market. ... Read full article

Empowering the unbanked to save and invest in themselves and others, through technology as simple as text- or Tweet-to-pay, will create opportunities to get people out of poverty. ... Read full article

Augmented reality has the potential to enhance customer service and promote sales during customers' in-store transactions. ... Read full article

Banks have made hugely successful bets on emerging technologies that changed their industry and they barely have time to perfect one innovation before the pressure to find new ways of staying relevant starts up all over again. ... Read full article

If a customer connects to an open Wi-Fi network, fails to follow adequate Bluetooth communications protocol or uses shoddy passwords on smartphones, a bank's internal networks may be exposed to fraud. ... Read full article