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Top 10 New Players Competing with Banks | Megafounder

Top 10 New Players Competing with Banks | Megafounder | Citi Competitive | Scoop.it

Payments sector has been guardkeeped by central, retail banks and credit card corporations like visa or mastercard for decades. Nowadays, those payment providers are facing a challenge: The power of the disintermediation by some players or the rising of a new, much more flexible and startup minded generation intermediates.

 


Via jean lievens
robyn hocker's insight:

New technology that provides online users to make payment or transfer money without using a credit card.

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robyn hocker's curator insight, April 1, 2013 2:49 PM

New technology that provides online users to make payments or transfer money without using a credit card.

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Insight Broadband :: TECHNOLOGY :: Analysis: PayPal hopes to break shoppers' swipe habit in stores

Insight Broadband :: TECHNOLOGY :: Analysis: PayPal hopes to break shoppers' swipe habit in stores | Citi Competitive | Scoop.it

SAN FRANCISCO(Reuters) - PayPal will soon be ubiquitous in U.S. retail stores, but just being there may not be enough.

 

The online payment service will take a giant step beyond its Internet roots on April 19, when a partnership with DiscoverFinancial Services officially kicks in. The deal means PayPal will be accepted as a payment option in roughly 2 million retail stores that already take Discover credit cards.

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robyn hocker's curator insight, April 16, 2013 10:34 AM

PayPal will soon be accepted in 2 million retail stores that already take Discover credit cards in hopes of converting the credit card swipers to the  cardless PayPal. All though this conversion process is slow going it confirms that there will be a shift of cardless payment options in the future.

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Visa Europe $3bn sell-off to Americans is on the cards

Visa Europe $3bn sell-off to Americans is on the cards | Citi Competitive | Scoop.it
Visa Europe's owners are considering selling the credit-card company and setting up a rival system across the Continent.

Via Therese Torris
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Therese Torris's curator insight, March 21, 2013 7:25 AM

Now only do banks need money but its must be tough to run Visa Europe as a consortium !

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Smartphones Easily Skim Credit Card Information: CBC Investigation - Huffington Post Canada

Smartphones Easily Skim Credit Card Information: CBC Investigation - Huffington Post Canada | Citi Competitive | Scoop.it
CBC.ca
Smartphones Easily Skim Credit Card Information: CBC Investigation
Huffington Post Canada
Credit card companies react.
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robyn hocker's curator insight, April 29, 2013 4:41 PM

With new technology comes new risk.  Identity thieves can hack your personal account information from your phone without you even taking it out of your purse or wallet.  Moving into the future we must be mindful of these risks and help make our customers feel safe.

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Foursquare partners with Visa, MasterCard for discounts

Foursquare partners with Visa, MasterCard for discounts | Citi Competitive | Scoop.it

Looking to unlock a new revenue stream, Foursquare is announcing new partnerships with Visa and MasterCard that will let credit and debit card holders claim discounts at participating retailers.

 

The deal is essentially replicating what the company has had in place for going on two years with American Express, a program that enables people to "sync" their credit cards with Foursquare to claim discounts that appear as credits on their statements simply by checking in to a participating location.


Via JWT_WOW
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