Get Started for FREE
Sign up with Facebook Sign up with X
I don't have a Facebook or a X account
 Your new post is loading...
Scoop.it!
Google Assistant on smart displays now has Continued Conversation, a feature that listens for follow-up questions eight seconds after an initial exchange. 
No comment yet.
Sign up to comment
Scoop.it!
Google was just fined $57 million for breaching Europe's data and privacy rules.
Vineet Anand's insight:
'Data is the new oil' phrase coined way back receives a new parallel.Â
Scoop.it!
Ireland's central bank has granted authorisation for Google to operate as a payments institution, a move that could see the big tech giant significantly expand its financial services offerings across the European Union.
Vineet Anand's insight:
Google Pay to offer payment issuing and acquiring services in EU under license issued by Ireland! License does not cover loans and bank accounts under PSD2. Google already has a full e-Money license in Lithuania. The competition between banks, Neo-banks and tech companies will likely reduce fragmented payments space for the consumer in near future.Â
Scoop.it!
PayPal and Google are extending their relationship across the search giant's entire ecosystem, including Gmail, YouTube, Google Pay and Google Store.
Vineet Anand's insight:
Partnership to enable usage of Paypal across Google assets requiring payments! Opens doors for other strategic engagements in driving acceptance.Â
Scoop.it!
Google will create a standalone unit for its shopping service and require it to bid against rivals for ads shown on the top of its search page, in an effort to satisfy European Union concerns over the display of product results, three people familiar with the investigation said.
Vineet Anand's insight:
Google shopping service to be carved out as a standalone unit post EU commissions fine of EUR 2.4 billion; Google has filed appeal.
Scoop.it!
Apple is in discussions with U.S. banks to develop a mobile person-to-person payment service that would compete with PayPal’s popular Venmo platform, according to people familiar with the talks.
Vineet Anand's insight:
As predicted last year, I had suggested the next step for Apple Pay will be to offer P2P payments and seems like Apple is working towards finding a solutions. Venmo has 19% of P2P mobile market today popular with millennials using its vast array of emoticons to pay for bills, rent, and shared expenses. P2P is on offer with Google Wallet, PayPal, Square $cashtag, Facebook messenger P2P and recently ClearXchange opened its network for use with use of email address or phone number! Apple's Wallet strategy to bring loyalty and P2P are part of the experience in an attempting to develop in bringing greater usage of the Apple Wallet. Sending a iMessage with funds, PFM and Bill Payments will follow suit at some stage! Personal finance management tools and services will add more value to the Apple Wallet with its devout iOS users.
Scoop.it!
Finextra: Samsung will introduce its mobile payments service in South Korea later this month, with Visa, MasterCard and several major banks onboard for a US launch in September.
Vineet Anand's insight:
Samsung Pay launches in Korea on Aug 20; Us Sep 28 and UK, Spain and China to follow suit. Galaxy S6 and edge phones along with Note5 to support Samsung Pay. Four key developments happening as we come to the end of 2015 summer:
Scoop.it!
Finextra: BlackBerry has teamed up with PayPal for a trial that lets BBM users in Canada send and receive money through the messaging service.
Vineet Anand's insight:
Ailing icon BB offers P2P payments using PayPal in its messenger service on trial basis. The news awaited is P2P offering with Apple Pay and its loyalty program that will drive greater usage, Google already has wallet to drive P2P payments, however Android Pay is targeting contactless payments only.
Scoop.it!
Why don’t small merchants accept Apple Pay? That’s easy. Just follow the money.
Vineet Anand's insight:
Forbes author Gene survey indicates 87% of small merchants are not accept Apple Pay and the key driver being lack of incentives for adoption. Upcoming loyalty application will not bring adoption with the SME's that are seeking low cost payment forms. Will Apple Pay be a experience for the high-end smart-phone user at large merchant locations only?
Patrice Meilland's comment,
June 7, 2015 4:12 AM
successfully motivating and building up the ecosystem is becoming paramount in a connected world, and many great ideas or solutions have failed on this account. let's see ifApple can turn this one around !
Vineet Anand's comment,
June 7, 2015 2:26 PM
Patrice - you are spot on the the need to create the ecosystem that has good subscription from merchants and Apple phone users. With the onset of Samsung Pay, Andriod Pay, and Paypal - there will be a growth on paying with mobile phones, however it will take time for phone user adoption as current user experience is very similar to taking out a card at POS. Loyalty and coupons within the apps can generate greater traction - Android Pay is touting that capability and Apple will launch its Apple Pay2.0.
|
Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.
Other Topics
Leadership & Communication
Payments Ecosystem
The Payments ecosystem is evolving at an unprecedented pace driven by mobile, cloud computing, start-up's challenging the behemoths, and new technologies. My personal collection of curated stories and blogs.
Social Media Marketing
World Economy News
|
Continued conversations with Google Assistance .. 'Hey Google' !Â