ON THE WEB
- Enough with the 2016 Predictions – Let’s Think Bigger! - Payments Views (Allen Weinberg) - "As I was slogging through the many payments-related articles and blog posts reminiscing about 2015 events and making predictions for what may or may not be ahead in 2016, I thought of a conversation I had with Scott Loftesness around 20 years ago, sometime in 1995 or 1996. "
- The Future of Mobile Chatting: Commerce - Wall St. Journal - "Five years later, WeChat’s hundreds of millions of users in China tap the service to send money to friends, buy shoes and even book doctors’ appointments."
- Apple Pay may have found its perfect market in China - Quartz (Ian Kar) - "All told, conditions couldn’t be better: retailers are ready to support the technology (which has been an issue in the US), consumers are comfortable and experienced with mobile payments, and a lot of iPhones are Apple Pay compatible."
- Thought Bitcoin Was Dead? 2016 Is the Year It Goes Big - Wired - “In 2015, we saw a lot of financial institutions, banks, thought leaders say: ‘It’s not about bitcoin, it’s about blockchain.’ That is a mistruth.”
- Man Has 1,497 Credit Cards - ABC News - "Walter Cavanagh has 1,497 valid credit cards -- all of which amount to a $1.7 million line of credit."
ON THE WIRES
- Walmart Adds MasterPass by MasterCard to Online and Mobile Checkout - "With online and mobile purchases soaring, MasterCard today announced that Walmart will accept MasterPass in 2016 across its domestic online properties. MasterPass by MasterCard is a digital payments platform that enhances the online and mobile checkout process."
- FreedomPay Launches First Integrated Pay-At-Table Solution In North America With PCI Validated P2PE, EMV And NFC - "FreedomPay’s Pay-At-Table solution enables restaurants to accept payments via EMV cards, NFC mobile wallets such as Apple Pay, Android Pay and Samsung Pay, as well as mag-stripe cards for those guests whose credit or debit card has not yet been replaced with a chip card."
- Broadcom Announces Industry's Highest Performing NFC Controller for Mobile Payments and Transit Applications - "The new BCM20797 also includes an innovative new capability called Virtual Execution Environment (VEE), which greatly improves performance of host card emulation (HCE). VEE reduces HCE transactions to half their time, improves security without the need for a secure element (SE), and can perform transactions with the host off so users can still make a transaction when their device is powered off."
UPDATES FROM GLENBROOK
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: email@example.com!