Addressing PayPal One Touch Security Concerns with Blockchain Technology
The world of payments is evolving into a more digital and contactless form. Whereas consumers enjoyed the human interaction part of the payment process up until a few years ago, they now want everything to be quick and frictionless. PayPal is trying to establish themselves as a player in this segment by introducing their One Touch payment solution.....
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IBM's new blockchain technology framework and cloud services focus on the security aspects of blockchain deployment for regulated industries, addressing any concerns regarding its integrity. IBM recently announced its new blockchain framework and cloud supporting services. The tech pioneer has been making some really good progress in the blockchain technology segment in the recent days. These new products are developed with the data safety in mind – so that whoever is adopting the blockchain framework to develop and deploy their own blockchain network over IBM’s cloud services, could be....
If PayPal's video hinting at Bitcoin acceptance wasn't enough for the cryptocurrency community, it looks like Braintree will soon be rolling out Bitcoin integration into their One Touch iOS and Android application. The app allows payments to be made swiftly and easily with the user's cell phone, just the same as Bitcoin. For those who may not know, PayPal is the mother company of Braintree. What was once seen as a battle between Bitcoin and PayPal has now been cleared as a partnership, as PayPal is showing public support for the move. CCN. It was announced at TechCrunch Disrupt in San....
Robocoin's Sam Glaser Addresses Concerns About Robocoin ATMs. Recently I was contacted by a disappointed Robocoin ATM user. His experience with the ATM was not good: He felt the fee's were too high. I and others had voiced concerns over security and ease of use as well. In response, Sam Glaser of Robocoin contacted me after reading my article and has answered some questions for me. He let me know his concern about the misconceptions surrounding how and why the Robocoin ATM needs the info and security measures it does. Sam addresses the fee structure as well. With Robocoin ATMs being....
There's no denying that, when it comes to online payments, PayPal is still king these days. However, bitcoin offers several advantages over this online payment method that could eventually allow the cryptocurrency to establish dominance. Is it really possible? Perhaps one big thing going for PayPal is that it hasn't really been heavily linked to illegal dealings the way bitcoin did with Silk Road. This sets bitcoin back by a number of notches, as the cryptocurrency has to prove its legitimacy and security before gaining mainstream adoption. Competition from Bitcoin. But while PayPal has....
It is very troubling to realize one could access someone’s financial account without answering the security questions. The most commonly used online payment methods are not necessarily the safest option. PayPal, while globally used among consumers and retailers, is such an example. There is a newly discovered authentication bug which allows hackers to bypass PayPal’s 2FA security. Not the news most people were looking forward to, but third-party service providers are inherently insecure. While it is good to see PayPal take these authentication bug submissions to heart, although they should....