Global payments vendor Adyen on Tuesday (Dec. 16) said that it has closed $250 million in new funding, led by global growth equity investor General Atlantic, with additional participation from Temasek, Index Ventures and Felicis Ventures. “Adyen is at the forefront of a rapidly globalizing...
Apple, which uses its iTunes accept/reject power to control potential rivals, is slightly loosening control on Google Wallet. A new update to the mobile app released on Monday (Dec. 15) now allows for extensive use of the iPhone’s Touch ID, enabling Google Wallet users to...
Its newfound investment dollars—which have given the company a $41 billion valuation—are financing a massive international lobbying operation, catching state and municipal leaders offguard, according to an extensive Washington Post probe of Uber’s lobbying efforts. “San Francisco-based Uber has pioneered not just a new sort...
American Express CEO Kenneth Chenault is not so certain that Bitcoin is going to play a dominant payment role any time soon. “There’s a reason credit cards were invented,” Chenault said at an industry conference Thursday (Dec. 11), according to a report in The New...
Uber Technologies is selling a minority stake to Baidu, which owns China’s largest search engine, in a cash and non-cash asset deal that “may be worth as much as $600 million,” according to a China National Radio report as noted by Bloomberg. The Baidu investment...
Priceline.com has integrated Apple Pay into its IOS app, allowing payment via Touch ID, saying that mobile users are much more likely to use it than Priceline’s desktop customers. “Our customers are smart, and on-the-go, and our mobile customers are two times more likely to...
‘Tis the season for holiday discounts, a bit of showrooming, bumper-to-bumper shopping mall traffic – and for those of us feeling particularly generous, holiday charitable donations. But according to a recent survey, for every $100 in donations a charity receives, it loses $96 to donor...
Apple started accepting PayPal in its online retail store in both the U.S. and the U.K. on Thursday (Dec. 11). Although the two companies have been exchanging words of not-niceness regarding its rivalry with mobile in-store payment (ApplePay versus in-store PayPal), its online relationship has...
This holiday season, mPOS is on fire. In preparation for increased online and in-store sales, retailers have prepped themselves with these mobile devices to eliminate long lines and provide better customer service. This month’s ROAM mPOS Tracker report follows these players, and shows an increasing...
