financial

VISA NFC payment gloves, pins and stickers are made for the Olympics

VISA NFC payment gloves, pins and stickers are made for the Olympics

VISA has introduced a new pair of NFC-equipped gloves designed specifically for people who will be attending the 2018 Olympic Winter Games in PyeongChang. These gloves look like ordinary winter gloves, with one big exception -- they have a VISA logo on them, which hints at the NFC tech embedded within. Rather than carrying a payment card or pulling out a phone, fans wearing these gloves can use a hand motion to make a payment.

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PayPal Money Pool lets everyone in a group chip in on gifts

PayPal Money Pool lets everyone in a group chip in on gifts

PayPal has launched a new feature that makes it easy to get funds from a group of people who all want to contribute to the item. Called Money Pools, the feature is exactly what it sounds like: a dedicated way to pool money, one that'll no doubt come in handy with the upcoming holiday season. The feature is available now for anyone who has a PayPal account.

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GoPro had a great Q3, paves the way for Q4 with Fusion and HERO6

GoPro had a great Q3, paves the way for Q4 with Fusion and HERO6

GoPro struggled financially for years, ultimately undertaking somewhat drastic measures to correct its course. Those measures included multiple layoffs, ultimately shedding hundreds of jobs while restructuring the business in a way that would cut costs and, if all went as planned, help it be profitable again. All of that work has paid off, according to the company's most recent quarterly results.

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Apple had its best fourth quarter ever with $52 billion in revenue

Apple had its best fourth quarter ever with $52 billion in revenue

Apple has announced its fiscal Q4 2017 quarterly results, saying that it achieved record revenues during the quarter that ended on September 30. Overall, the company raked in $52.6 billion during the past quarter, a 12-percent increase over the same quarter last year. It marked good times for the company's Services, too, which had its best quarter ever. Overall, Apple says that 62-percent of its revenue last quarter came from international sales.

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Uber Visa Card offers Millennial-friendly perks to lock in riders

Uber Visa Card offers Millennial-friendly perks to lock in riders

Uber is wading into the credit card business, launching its own Uber Visa Card which promises to specifically reward users of its various services. The card, which the company says was "designed specifically with our riders in mind," will charge no annual fee, but include up to 4-percent back on select purchases. It's part of Uber's push to make its services more sticky among users.

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Wells Fargo ATMs get support for Android Pay, Apple Pay and others

Wells Fargo ATMs get support for Android Pay, Apple Pay and others

Wells Fargo has announced that it is upgrading more than 5,000 of its ATMs with support for NFC-based mobile payment systems including Android Pay and Apple Pay. The 5,000 figure represents only about 40-percent of the bank's ATMs; Wells Fargo says it plans to bring the support to more than 13,000 of its ATMs by the 2019.

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Japanese banks prep J-Coin digital currency in move against cash

Japanese banks prep J-Coin digital currency in move against cash

Cash is king in Japan, but the nation's biggest banks are hoping to change that. A new report out of The Financial Times reveals that Japan's central bank is planning to launch a cryptocurrency called J-Coin, one that will be based on blockchain technology. Assuming everything goes according to plan, J-Coin will co-exist alongside yen with a one-on-one value.

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FTC breaks trend to confirm it is investigating Equifax breach

FTC breaks trend to confirm it is investigating Equifax breach

The FTC has just bucked its own trend, eschewing its tendency to avoid talking about on-going investigations so that it could talk about one investigation in particular: its own probe into the Equifax data breach. The breach is a severe one, potentially affecting approximately 143 million people throughout the US and select other locations.

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Roku files for IPO, looking to raise $100M

Roku files for IPO, looking to raise $100M

Roku, a significant player in the streaming media market, has revealed that it has filed papers with the SEC for an IPO, and is looking to raise as much as $100 million. While the company originally began with a simple set-top box that focused solely on Netflix, it now produces a number of streaming media devices and smart TVs, each with support for a wide range of services.

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Burger King WhopperCoin cryptocurrency is real and it’s only in Russia

Burger King WhopperCoin cryptocurrency is real and it’s only in Russia

Burger King has decided to launch its own cryptocurrency and it is called 'WhopperCoin.' The currency, which is something like bitcoin, only far less valuable, is given to customers as a prize of sort for buying a Whopper hamburger. The cryptocurrency has only launched in Russia, and it is being referred to as a 'blockchain loyalty program.' Whether it will launch in other countries is unclear.

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Apple Pay support disabled for websites selling neo-nazi gear

Apple Pay support disabled for websites selling neo-nazi gear

Certain white supremacists websites can no longer accept payments using Apple Pay following Apple's disabling of the support. Apple confirmed the news this week via a spokesperson, who pointed toward the Apple Pay guidelines that prohibit use for sites determined to be spreading intolerance, hate or advocating violence. This move follows multiple other companies that have revoked support for various racist websites.

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Android Pay expands: 40 US banks and credit unions add support

Android Pay expands: 40 US banks and credit unions add support

Android Pay just got a bit more capable thanks to the addition of support for another 40 banks and credit unions located throughout the United States. Given that all the major banks support the Android Pay platform by now (in the U.S., at least), it isn't surprising that this latest expansion marks the addition of many smaller, more regional and lesser known entities.

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