What is the future of digital payments?
Digital payments have evolved tremendously over the past few years, raising the question: where will digital payment technologies take us in the future? As more consumers become tech savvy the opportunities are endless, especially as we are only just now
Increasing Use of Mobile Payments In Government
Year 2017 statistics show that there are 48.1 million mobile payment users in America and research predicts that this number is likely to increase to 74.9 million by year 2022. A quick look at the data suggests that we may
How to Reap the Benefits of Blockchain with the Security of HSM
By Sharon Rosa-Bohrer Blockchain is intended to be highly secure because it’s allegedly an immutable distributed ledger technology that decentralizes data storage and protection. Connecting unrelated parties without middlemen, blockchain provides a historical record of all data and financial transactions. However,
Blockchain- The Future of Universal Payments and Fraud Prevention
by Sharon Rosa-Bohrer Blockchain has the potential to revolutionize how the world, and business, work. From multi-step transactions like buying a house, requesting medical records to tracking assets, like a house, land, car or intellectual property, blockchain makes these processes economical
Machine Learning’s Role in Protecting Mobile Payment Transactions
by Don Bush, VP of Marketing at Kount Mobile payments are synonymous with today’s digitally-connected world. At the forefront of mobile payment innovation is the introduction and branding of company-specific mobile apps. Mobile apps provide a gateway for organizations to engage with customers
Does Facial Recognition Violate Privacy?
As facial recognition technology continues to advance, the debate over privacy and unregulated surveillance is reaching a boiling point. Does facial recognition violate privacy? It all boils down to obtaining appropriate user consent. Surprisingly, there are currently no federal laws
What is Blockchain-Based Digital Identity?
Imagine a world where the only ID you need is digital and it is stored in a digital wallet on your phone. What if your digital ID could immediately prove your identity and is secure from cyber attacks? And the
Facebook Launching its Own Cryptocurrency?
Could Facebook be launching its own Cryptocurrency? Speculations are swirling after Facebook announced lifting its controversial ad ban suggesting that the company could be considering blockchain and cryptocurrency. The reversal comes at a time when a potential Facebook acquisition of
Face Payments: Hungry? Just Pay with Your Face
For the first time in America, you can now order a burger and pay with your face, while Flippy the hamburger flipping robot makes your burger in the kitchen. Are we giving up our privacy for convenience?
How is Artificial Intelligence Changing Mobile Payments?
Mobile payment users are expected to hit 2 billion worldwide by 2020, according to Juniper Research, and there’s no question that artificial intelligence will change mobile payments and has the potential to greatly disrupt the banking industry. Mobile payment applications are sought