Tag Archives: Payment systems

18May/20

WeChat Releases New Report on the QR Code Economy’s Fight Against COVID-19

On May 18, Tencent’s WeChat, Tsinghua University’s Tsinghua China Data Center, and the Tencent Social Research Institute jointly released a report entitled “The 2020 Pandemic and the QR Code Economy Report”. The report points out that as an important part of the digital economy, the WeChat QR Code Economy has played an effective role in buffering the negative impact of the COVID-19 pandemic. Read more

01Sep/17

10th anniversary of contactless in UK

September marks 10 years since Barclaycard introduced contactless payments to the UK. As Kate King reports it’s since expanded to include wearables and mobilepay – bringing the idea of a cashless society one step closer. Continue reading

17Sep/16

Millennials say ‘no’ to debt

Millennials shun any kind of debt, especially credit cards, and their reluctance to pull out the plastic could have lasting repercussions for the financial system and the economy, according to an expert.

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07May/16
co-founder of digital currency operator Liberty Reserve, Arthur Budovsky

Digital currency firm co-founder gets 20 years in U.S. prison

The co-founder of digital currency operator Liberty Reserve, Arthur Budovsky, was sentenced to 20 years in prison for what prosecutors say was a money laundering operation of unprecedented size and scope.

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30Sep/15

U.S. businesses, cardholders slowly embracing chip technology

U.S. businesses on the eve of a big deadline – the switch to a new, more secure chip-based payment system – but many aren’t ready.
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02Mar/15

Visa and Samsung Bring Mobile Payments to the New Samsung Galaxy S6

Visa technology facilitates secure consumer payments with the new Samsung Galaxy S6
Mobile payment service by Samsung available in the U.S. starting summer 2015
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