Home design e-tailer Fab.com is in talks to be acquired, according to comments its CEO made to Forbes.com. “We have had a lot of inbound interest in the valuable Fab brand and assets. We are currently evaluating such inquiries,” Fab.com CEO Jason Goldberg said, according...
It comes as no surprise that people tend to share a lot—far too much, most likely—on social media. But one company is flagging that when consumers combine mobile wallets with a very sharing-oriented social persona, identity theft problems are inevitable. NXT-ID, a biometrics vendor, encouraged...
The Paym service seems to be taking off among British banking customers. More than a million users have signed on to use the service, which allows (U.K. equivalent) ACH transfers of funds between mobile numbers. Launched in April, Paym is a cooperative move between HSBC,...
The terms “augmented reality” and “banking app” are not typically found in the same sentence, but a New Zealand bank app made an exception. Starting in September, customers will be able to manage their accounts “by sliding their credit or debit card under their phone,...
OpenTable reinvented the restaurant reservation dining scene 16 years ago and more recently introduced mobile payments into the mix. But is Apple next up to reinvent the dining experience for hungry people and restaurateurs? MPD CEO Karen Webster shares two separate but related data points...
If Twitter is trying to keep its imminent commerce plans confidential, it should probably clue in its mobile app developers, who have made visible a preference option for “payment and shipping” in its Android app. (It’s apparently not been yet made visible in the iOS...
Up until now, Sosh has functioned as a recommendations app focused on helping users enjoy the city they find themselves in through general recommendations. The service is now refining its offering with the launch of Sosh Concierge, which is squarely focusing its attention on restaurants....
Milk, blueberries, yogurt, Popchips, Comcast monthly bill? Yep. A growing roster of retailers now enable their customers to pay a variety of monthly bills at checkout. And, the benefits go well beyond customer convenience – increasing both foot traffic and impulse buys, especially for those...
Groupon’s share price tumbled more than 15 percent late Tuesday (Aug. 5), as investors balked at the Chicago firm’s expensive eCommerce investments. Groupon reported a net loss of $22.9 million, which seemed far worse to analysts because, according to an analyst poll by Thomson Reuters,...
