money

Android Pay lands in the UK, without Barclays of course

Android Pay lands in the UK, without Barclays of course

Even with Google's clout behind it, Android Pay's international rollout hasn't exactly been progressing as blazing fast speed. Still, any new territory covered means more opportunities for Android Pay, and more chances of competing with Apple Pay (or even Samsung Pay). The newest territory to join Google's mobile payment kingdom is, well, the United Kingdom, allowing Android users to pay for coffee or transportation with just a tap of their phone. But as might have already heard, Barclays has opted not to join that party and set up one of its own.

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DAO organization raises $100m, without CEOs, managers

DAO organization raises $100m, without CEOs, managers

Every employee, at one point in time or another, probably dreamed of working in a company where no one is the boss. While there are indeed some small businesses, especially startups, that follow that culture, every organization has leaders, managers, board members, and what not. Not DAO. Short for "Decentralized Autonomous Organization", the very name itself signifies that it has no such overlords. Instead, everything DAO does is determined through "contracts" and computer code. And despite that somewhat nebulous description, DAO has already managed to raise more than $100 million from investors. At least the real world eqiuvalent of virtual money.

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MCX postpones CurrentC mobile payment, lays off 30 employees

MCX postpones CurrentC mobile payment, lays off 30 employees

Did MCX, short for the Merchant Customer Exchange, bite off more than it can chew when it proudly revealed CurrentC to take on the likes of Apple Pay and Android Pay? Perhaps that is the case. Or maybe MCX finally understood the writing that has been on the wall ever since it announced its mobile payment system back way back in 2014. Now the consortium has announced that it is postponing the rollout of CurrentC and, as a side effect, is letting go of 30 of its staff.

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Samsung Pay can now withdraw from ATMs in South Korea

Samsung Pay can now withdraw from ATMs in South Korea

It was probably already expected but, until now, we never really knew when it would be coming. At its developer conference, Samsung revealed that, indeed, its Samsung Pay will soon let you withdraw money from an ATM even without a physical card. As futuristic and convenient, or even scary, as that may sound, it comes with a very big limitation. It is, for now, only available in South Korea and actually only with Woori Bank. And Samsung has made no plans yet to spread it wider.

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New $20 bill to depict Harriet Tubman; 3rd woman ever on US paper money

New $20 bill to depict Harriet Tubman; 3rd woman ever on US paper money

The new $20 bill will feature a portrait of Harriet Tubman - civil rights activist and freedom fighter. This was announced by United States treasuring secretary Jacob J Lew, who also outlined plans for new $10 and $5 notes. The new set of paper money bills will not look like what you're seeing in this article - instead, they're going to be at least partially redesigned aside from the changing-out of historical figures. This is as much about aesthetics as it is about security features.

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With TD Bank, Regions Bank, Samsung Pay gets 75% of market

With TD Bank, Regions Bank, Samsung Pay gets 75% of market

Although much of the initial hype surrounding mobile payment systems have somewhat dialed down lately, Samsung isn't pausing its aggressive push to takeover the US market. The manufacturer has just announced the addition of both TD Bank as well as Region Banks to its still growing roster of supported institutions for Samsung Pay. Now with a total of 130 banks and credit unions, Samsung boasts that it already has more than 75% of the US credit and debit card market within its grasp.

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Japan looks to fingerprint payment system for tourists

Japan looks to fingerprint payment system for tourists

Forget NFC, heck forget even plastic. Japan is going for fingerprint currency instead. Almost like a page out of a sci-fi novel, the Japanese government is eying the use of fingerprints to implement not just identification but also payment systems for tourists. This will practically fill in the need for tourists to present passports at hotels and inns as well as the need to use credit cards for purchases. Japan intends this sure to be contentious method as a way to increase the volume of tourists, in preparation for the 2020 Tokyo Olympics and Paralymic Games.

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Newspapers cry foul over Brave browser’s ad scheme

Newspapers cry foul over Brave browser’s ad scheme

Many who spend hours upon hours on the Web are probably acutely aware of the situation surrounding advertisements. Many of them might have even taken to using one of them so-called ad blockers. Ads are mostly considered nuisances at best, privacy liabilities at worst. But they also happen to be a legitimate and important source of income for many Web content publishers. The new Brave browser is taking a rather unconventional stance at fighting ads, mostly by replacing them with other ads. That, however, has irked not a few newspapers in the US who are practically labeling Brave's system as theft.

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Apple Pay tipped to land on websites in time for the holidays

Apple Pay tipped to land on websites in time for the holidays

It seems that Apple Pay is ready to spread its wings and fly high, all before the year ends and in time for the shopping insanity that accompanies the holiday season. Although the service is perhaps more popular, or unpopular, for its NFC-based payment system for in-store purchases, Apple Pay also offers convenient and secure shopping on mobile apps. According to sources, Apple will be bringing that convenience and security to purchases done on websites, inside browsers, as well. The catch, it will only be available on your iPhone or iPad.

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You can no longer use Bitcoin to shop in Microsoft’s Store

You can no longer use Bitcoin to shop in Microsoft’s Store

Even you still believe in Bitcoin, you might be one of the remaining few. Even some of its biggest backers have thrown in the towel. Following this latest trend, Microsoft is also closing the door on it. Unlike the somewhat big announcement it made more than a year ago, Microsoft has rather silently adjusted its pages to let you know that you can no longer do business in the Windows 10 and Windows 10 Mobile stores using Bitcoin. A small but still significant blow to the beleaguered cryptocurrency.

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With Wells Fargo, Samsung Pay now covers 70% of US card market

With Wells Fargo, Samsung Pay now covers 70% of US card market

While Apple Pay still holds majority of the mobile payment market, thanks to the huge clout of Apple's brand, a recent study claims that Samsung Pay is actually gaining ground. This latest news could perhaps help close that gap even more. Samsung has announced that it has closed a deal with Wells Fargo to support Samsung Pay. In effect, Samsung's mobile payment system will be supported by 70 banks and credit card unions across the country, claimed to cover almost three quarters of the US' credit and debit card market.

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MasterCard’s about to roll out selfie and fingerprint payments

MasterCard’s about to roll out selfie and fingerprint payments

MasterCard is about to change the way you authenticate your mobile payments, and it’ll simply require the hardware your phone (probably) already has: a front-facing camera and/or a fingerprint sensor. The company has announced a newly developed mobile technology that, once launched, will allow customers in North America and parts of Europe to authenticate their payments by snapping a selfie or scanning their finger, eliminating the need for PINS, passwords, and other more vulnerable codes.

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