With yesterday's news of Samsung acquiring LoopPay to battle Apple Pay, the timing of this post couldn't have been any better. This acquisition news continues to display the mobile payments market heating up like a mega solar flare from that bright yellow orb in the sky.
To get the inside scoop on the latest tech advancements and competition, we invited LoopPay's Greg Ewald back on the show to explain what credit unions can expect from its mobile payments technology -- or should we say Samsung's now. We also discussed consumer security concerns with mobile payments, VISA's investment in LoopPay, and where this market is headed in the next few years. Should be quite a race to see who comes out on top now. So stay tuned; some valuable payments tech information in this episode that directly affects CUs.
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Mike Lawson, Host
Married to a beautiful and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.