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Google said its goal is to add more banks, allowing consumers to potentially register any card they have currently. Other experts say that Google's size and its strength in paid search and advertising provide financial institutions with a much...
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The basic idea behind the Internet of Things is that virtually every object would in some fashion be tagged, whether through RFID or some other method, and you could therefore easily pull up information about anything you're in close proximity with.
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My readers are familiar with my forecast that the US dollar is in terminal decline. America is tragically bankrupt, unable to pay its lenders without printing the dollars to do so, and enmeshed in an economic depression.
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And its all made possible by Bitcoin. Woe be to Bitcoin as the wrath of government descends upon Bitcoin.
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Mobile money is the future, or so I’m assured by research into the use of Near Field Communications (NFC) systems, which says most of us will be using our smartphones to pay for stuff within the next four years.
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Besides allowing the IT managers to leverage the cost-effective security platform across a variety of computer product families, the new SoCs also permits netbooks and tablets to exploit NFC technology for payments, virtual currency transactions...
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"It's about the customer journey. It's quicker than the chip-and-pin transaction," he said.
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With integrated near field communication (NFC) technology, a secure processor and biometric capabilities all on one chip, the new SoCs isolate user authentication from the host computing system through a multi-factor, multi-choice authentication...
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The United Nations warned on Wednesday of a possible crisis of confidence in, and even a "collapse" of, the U.S. dollar if its value against other currencies continued to decline.
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When you look at this chart you get a sense of how someone who uses cash could come to feel like an outlander in the country where they were raised.
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Though little used in the U.S., Google officials said they expect NFC to roll out on 50 million smartphones in the next few years.
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More speculation has been raised on the reasons for NATO's intervention in Libya. As RT's Laura Emmett reports, the organisation may have been trying to prevent Gaddafi from burying the American buck.
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On Thursday, Silicon Valley titan Google is expected to announce a new mobile payments system at an event in New York City. According to Bloomberg, Google is teaming with Sprint, a longtime Google partner and the number three wireless...
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We'll be examining such trends as the shift to digital payment systems, near field communications (NFC), as well as Point of Sale software and security. All of these factors will contribute to the eventual obsolescence of the old-fashioned cash till.
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Apple confirms that its policy is "a limit of two iPads per customer and you must pay by credit or debit card." It didn't explain the rationale of the no-cash rule, which also applies to iPhones.
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In short, ISIS is designed to replace your real wallet with a virtual one stored on your phone. The app stores credit and debit card information in the form of digital card images. To select a card, you simply tap on the corresponding icon...
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Editor Note - Big Brother Lives: (NFC) Near Field Communications and biometrics will 'transform' payment authentication
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“This is the first time that customers can use their mobile to pay for goods and services in shops across the UK rather than using cards or cash. They’ll be able to do this, safe in the knowledge that this is a secure technology brought to them by...
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South Carolina became the newest state to propose a bill that would make gold and silver coins a form of legal tender in the state. Utah started the trend. More than a dozen other states are considering similar moves.
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Bottom line: The world is going to be turned over by bitcoins unless governments step in and ban them by prosecuting individuals.
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Those who have been betting on deflation for the past five or ten years have been wrong. They could be right some time in the future. But one can be wrong on a mistaken principle for a very long, long time.
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Yves here. So what will they do if Greece refuses to observe niceties and bolts anyhow? Send in tanks? I’m curious as to what punishments might be visited on Greece if it chooses to exit.
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The debt crisis in Greece is getting worse. The finance ministers of the monetary union and representatives of the EU Commission will meet on Friday evening secret to a crisis meeting.
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Bitcoin is a decentralized cryptocurrency invented by programmer Satoshi Nakamoto, who also developed the Original Bitcoin client. It allows for anonymous and secure ownership and transfers of amounts of bitcoins, without relying on any central serve
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There was a rally in 2008 when the dollar attracted “safe haven” flows during the financial crisis, but that now looks like a blip in a 40-year decline.
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The dollar managed to stage another faux-rally to the just above abysmal level of 73.30... for about 3 hours. At last check, the dollar is plunging and everything else is once again surging, meaning all those hoping for some miraculous...
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After some patriotic sentiment modestly pushed the dollar to just above humiliation levels, the DXY is right back to lowest level since July 2008. We still have about 150 pips to go until the all time low of 71.3521 from April 22, 2008 is taken out.
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The policies, decisions, beliefs, and institutions implemented over decades have led the country to the threshold of financial disaster. Based on my observations, a catastrophic combination of demographics, fiat currency debasement...
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The Broad Trade-Weighted Dollar Index, which was created by the Federal Reserve, differs from the more popular “Dollar Index” because it includes a larger group of currencies and is weighted based on foreign trade.
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No. My take on this is that we entered what I call the "Greater Depression" in 2007. And now, because the government has printed up trillions of dollars in the last couple of years, we're in the eye of the hurricane.
