Payments 2.0
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Payments 2.0
Digital wallet, Mobile payments, Contactless payments, NFC payments, Mobile wallet, Mobile POS, Bill payments, Bitcoin, Virtual currency
Curated by Therese Torris
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Facebook co-founder Eduardo Saverin sued by shareholder in Jumio over alleged “misrepresentations"

Facebook co-founder Eduardo Saverin is being sued by a shareholder in Jumio over alleged “misrepresentations and ineptitude” related to the digital ID verification outfit's bankruptcy filing earlier this year. According to the Wall Street Journal, Bloso Investments has filed a complaint against Saverin and others, claiming that it is set to lose nearly $5 million it invested in Jumio thanks to its recently filed bankruptcy.
Therese Torris's insight:
I'm afraid any startup business plan is a gross "deliberate missrepresentation"
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Travelocity adopts in-app credit card scanning from Jumio

Travelocity adopts in-app credit card scanning from Jumio | Payments 2.0 | Scoop.it

Jumio brings its Netswipe card scanning technology to the company's Hotel Deals by lastminute.com ...

 

Jumio competes with card.io. Direct link https://pay.jumio.com/

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The Best Mobile Payments App - ReadWriteWeb

The Best Mobile Payments App - ReadWriteWeb | Payments 2.0 | Scoop.it

Summary: One of the many useful articles summarizing the competing mobile payment options that are vying for adoption in the US market: Square, PayPal, Dwolla, LevelUp, Google Wallet, Intuit GoPayment, ISIS, Veriphone, Jumio, Card.io.. als mentions two companies I was not familiar with:

 

- Erply:  Erply's POS solution includes facial recognition that allows sales staff to identify and checkout PayPal shoppers without any card swipers or paper receipts http://erply.com/

- Mobeam: Mobeam’s patented technology uses light to bridge the redemption gap between mobile devices and retail point-of-sale http://www.mobeam.com/ ;

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Jumio builds ID verification for Bitcoin platforms; Stripe tests bitcoin support

Jumio builds ID verification for Bitcoin platforms; Stripe tests bitcoin support | Payments 2.0 | Scoop.it
Jumio has signed up several bitcoin-related businesses to a scheme which lets users validate their identities by holding up paper ID to the cameras of Web-connected devices.
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How mobile POS and payment systems prevent fraud | MobilePaymentsToday.com

How mobile POS and payment systems prevent fraud | MobilePaymentsToday.com | Payments 2.0 | Scoop.it

"Mobile payment technologies actually provide more safeguards than current payment methods."

 

Therese's comment: Refreshing article detailing the many tools and apps that can make mobile payments more secure.

 

Too often naysayers focus on imaginary dangers of mobile payments and discuss them as if current payment methods were secure. They are not.

 

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TechCrunch | Taking On Rival Jumio, Payments Startup Card.io Adds Web Support

TechCrunch | Taking On Rival Jumio, Payments Startup Card.io Adds Web Support | Payments 2.0 | Scoop.it
Card.io, the mobile payments startup which recently partnered with PayPal on the company's new Square rival PayPal Here, has some big news: it's no longer a "mobile" payments startup. That's right - Card.io is now available for the web, too.
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