Siemens Mobility has announced it’s working with Bytemark, a company Siemens partially owns, to develop a payment solution enabling riders to pay once for a trip across the city using multiple public and private modes of transit, from buses to scooters.
Apple is far from the first to apply a high-tech spin to the ordinary payment card. Several other companies before it have experimented with technology and materials in the hopes of providing a unique form of payment.
The information you need to start your day, from PaymentsSource and around the Web. Today: Contactless payments jump in New York subways; Coinbase switches banks; Dovu's green crypto; Ant's impact on the fintech investment market;
For many entrants in the integrated receivables space, payment data is the foundation for nearly every other business process or decision. Increasingly, banks are latching onto data services and making them available to their small and midsize business clients.