Fintiv was founded this year, and its a patent troll suing Apple over mobile payments. Apple allegedly infringes upon three patents.
It Turns Out That Venmo Transactions are Public by Default
A security researcher analyzed over 200 million Venmo transactions. She discovered something disturbing.
Juniper Thinks Apple Pay Could Increase to 34% By 2022 Because Chip-and-PIN Sucks
While US card issuers haven’t yet made contactless a priority, the extremely positive response across Europe, both from merchants and consumers, suggests the US would see very rapid migration at POS if and when contactless cards become mainstream.
Apple Was Just Shut out from Beijing Public Transportation Mobile Fares
Yikatong, the payment card operator for Beijing’s public transportation system, just launched an Android-only app for paying for fares, and no plans for an iPhone app have been announced.
McDonald's Is Testing Mobile Orders from an App
Fast food chain McDonalds is testing a fancy new way to order using your smartphone, because, you know, that’s what we’re looking for from McDonald’s. Customers in Monterey and Salinas, California can use the McDonalds mobile app to order food from home and have it ready when they get there. Andrew Orr explains.
