Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Near Field Communications (NFC)

Grocery Wars

Target is Accepting Google Pay

Under these circumstances, Target could make or break both Apple Pay and Google Pay. In particular, a big Apple Pay hack could send Apple and Target’s stock prices tumbling and drive Tim Cook into retirement.

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Cryptocurrency

Apple Pay can be hacked

It is possible for hackers to steal the Apple Pay “payment token” using public Wi-Fi or a fake Wi-Fi hotspot that asks users to create a profile. In other they can crack Apple Pay by using a time tested hacking tactic called Wardriving.

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CryptocurrencyGrocery Wars

Amazon Unveils its Answer to Apple Pay

The most likely reason why Amazon (NASDAQ: AMZN) is offering Pay Places is to enable the use of Amazon Pay at Whole Foods (NASDAQ: WFC). Since Amazon is trying to buy Whole foods that sounds logical.

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Grocery Wars

Chase buys CurrentC

Chase apparently plans to fold Current C into its digital wallet Chase Pay, Business Insider reported. Chase Pay is accepted only at Starbucks and Best Buy right now, but Walmart has plans to start taking it sometime this year. That will give Chase an advantage over Apple Pay and Android Pay, which Walmart refuses to take.

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