In September 2014, Apple announced its mobile payment offering, Apple Pay. Much like the iPod, iPhone and iPad, this latest Apple innovation met a need that consumers weren’t even aware they had: to be able to pay for products without fishing for cash or credit cards. In other words, to utilize a phone as a mobile wallet. Read the full story in PaymentsSource.
The torrid pace of change in payments technology is exasperating many financial institutions and large retailers, which are struggling to keep pace. Payments technology veteran John Mitchell understands this challenge. Read the full story in The Financial Revolutionist.
A fledgling fintech company is courting new customers and investors abroad. According to its CEO, the infrastructure and size of the Japanese market make the move a no-brainer. “From a payments standpoint it’s a completely developed market.” Read the full story in Austin Business Journal.