Posted by Bethany Frank on 25 May 2016
Check out some of the payments news and financial technology news we've been reading:
The transition to EMV chip cards is only the beginning of a larger migration towards contactless payments.
Via PYMNTS.com: Why It Pays to Be Thick in Mobile Payments
Creating certainty for users and establishing a thick market are the biggest keys to success in mobile payments.
Via TechCrunch: FinTech Doesn't Just Disrupt Banks, It Makes Them Platforms
While they may compete in some areas, partnerships between fintech startups and banks tend to be mutually beneficial.
Via Huffington Post: Five Ways Digital Payments Are Coming to The Rescue in Emergencies
From mobile wallets to crowdfunding, digital payments have enabled faster, safer, and more transparent emergency response work.
Fitness tracking company Fitbit makes its first foray into mobile payments with the acquisition of a wearable payments platform from Coin.