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Business Finance

Cash Is Trash: The Future of Mobile Payment

Just as the magnetic strip revolutionized payment by plastic credit card, near-field communication and other fast-evolving technologies will facilitate the move to payment using mobile technologies. NFC chips inside most mobile phones can transmit banking and payment data when placed near readers. Unlike a debit card, a mobile phone can display interactive payment details. And, instead of the credit card application process of filling out paperwork and waiting for the mail, using a mobile phone to pay requires only the download of an app and linking to bank details. PayPal president, David Marcus, calls it Money 3.0.   More

Security & Privacy

With Mobile the Future, How Does a Company Stay Secure?

A PC, Mac, iPad, Android, BlackBerry, and Nexus 7 all sit on Sam Curry’s desk one afternoon while he works from home. Though not everyone has access to such a range of mobile devices, this lineup offers a glimpse at the diversity of devices people now use to work. Curry is CTO of Identity and Data Protection at RSA, a firm specializing in information security. During a phone call last week, he said that all the devices on his desk provide connectivity for his work at RSA, each with its own unique set of capabilities and limitations.   More

Techonomy Events

Jack Dorsey Explains Square’s Pay-by-Voice Technology

In this video from the "21st Century Individuals vs. 20th Century Organizations" session at Techonomy 2011 in Tuscon, Ariz., Techonomy's David Kirkpatrick talks to Twitter co-founder and Square CEO Jack Dorsey about what we can expect from Square in the next five years. The mobile app, which allows anyone to accept credit card payments to their phones or devices, has the potential to revolutionize the way businesses interact with customers. The pay-by-voice system that Dorsey refers to in the video, now known as Pay With Square, is already being used at 75,000 shops around the country.   More