Investors hoping to snatch up stock in Alibaba for a bargain price between $60 and $66 won’t be getting their wish when the Chinese e-commerce giant goes public later this week. In a filing with the SEC yesterday (September 15) Alibaba raised the price range...
NFC is not quite the method of mobile payments most users are most familiar. That honor still goes to the QR code or barcode which 45 percent of reported mobile users said they had experienced at least once, according to the latest report by Nielsen,...
When first unveiled under the name project Oscar, Weve was a collaboration between British telecoms EE, Telefonica and Vodafone to grab a piece of the set-to-ignite-any-minute mobile market in 2012. The tool of choice for that grab was a SIM-based platform that would enable NFC payments....
Blackhawk Network announced that it has completed the acquisition of Dallas, Texas-based CardLab, Inc., and online provider of prepaid and rewards cards. The move comes as part of Blackhawk’s overall transition to expand their business beyond the physical retailer into B2B channels that see cards used as inentives...
While many in the retail and payments space are waiting to see if Apple will delivery on all the speculation on its future as the brand that launched mobile payments, at least one major chain says the see the potential for the future in the...
Regardless of Apple Pay’s long run success, we’ve all just witnessed an inflection point in payments – a point in time after which nothing will ever be the same. What happens over the next three to five years will likely decide the direction of payments...
Apple recently approached Square about becoming part of the Apple family, but talks ended abruptly when Apple was only willing to pay $3 billion, which is half of the company’s current valuation, according to a report in TechCrunch. “TechCrunch has heard from multiple sources that...
McDonald’s Chief Digital Officer Atif Rafiq was talking with a reporter last week about how “seamless” and easy McDonald’s will incorporate ApplePay, which makes sense given how the chain has been accepting contactless payments for years. (We didn’t say that they had accepted a lot of...
Though there has been a lot of talk and media coverage about the tremendous potential mobile payments offer to the poor, underbanked and financially disenfranchised around the world–minus a few bright spots (M-Pesa) the progress of mobile in bridging the gap between the banked and...
