Ant Financial posts loss, Winklevoss twins sue over Bitcoin theft, What Apple’s iPhone rope-a-dope means for apps

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

November 5, 2018

Social Media

Why KYC Is As Critical For Political Ads As It Is For Payments Transactions

There are only hours to go before the U.S. midterm elections. But beyond who controls the House and Senate, social media and political ads are still being trolled despite the efforts of Facebook. Philipp Pointner, chief product officer of Jumio, tells Karen Webster that social media firms should treat creating an ad the same way banks treat new account creations — trusting, but verifying who’s handling the money.

 

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Retail Trends

Adobe: Why Voice And Touch Retail Will Boost 2018 Holiday Sales

With Halloween in the rearview mirror, yes, holiday 2018 shopping has landed. New Adobe research predicts a surprising surge in voice-assisted retail this year, along with a push from younger consumers to mix offline and online shopping. Taylor Schreiner, director of Adobe Digital Insights, tells PYMNTS what to expect and how retailers can still gain an edge with their Q4 marketing efforts.

 

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Crypto Regulation

Is The UK’s Mulling Of Crypto Derivative Ban A Sign Of Things To Come?

Bitcoin and other cryptocurrencies are currently trading at levels far off peaks and just a bit above lows. However, there’s hope that new trading opportunities — such as through derivatives — will boost liquidity and investor count. The U.K. is the latest country to splash some cold water on the notion, with hints of tighter regulatory standards. Here’s why speculators may be hoping for the best, but would be wise to prepare for something far worse.

 

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Mobile Payments

The Apple iPhone Sales Rope-A-Dope

Apple is taking some major heat after it announced last week that it would no longer report unit sales of iPhones and other devices. Karen Webster conjectures it’s part of a carefully planned strategy to shift the focus away from how it intends to boost the Services revenue it wants to fill the gap. Just like Ali’s famous Rumble in the Jungle Rope-A-Dope, she says, be prepared for Apple to come out swinging with the most powerful punch it has: eventually taxing any and all of the apps in its powerful apps ecosystem.

 

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What's Hot


Amazon's AbeBooks Faces Ban From Antiquarian Book Dealers


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Ant Financial Posts Rare Quarterly Loss


Newly Public Tech Companies Rush To Sell More Shares


Amazon Tests Service To Let Consumers Customize Delivery Date


Resy Rivals OpenTable With Reserve Acquisition


Winklevoss Twins Sue Charlie Shrem Over Bitcoin Theft


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