Mobile Commerce

Alternative Finances
“Fixed App” Parking App Secures Funding
July 25, 2014

The mobile app that helps fight parking tickets, Fixed, recently closed $1.2 million in seed funding, according to TechCrunch. Investors include Y Combinator, Merus Capital, and more. Fixed is based in San Francisco and launched this January. Users of the app can snap photos of...

Company Spotlight
The MasterPass Master Plan
July 24, 2014

Question. What’s the biggest misperception about MasterCard’s MasterPass mobile commerce platform? Answer. That it’s just a digital wallet. MPD CEO Karen Webster caught up with Vib Prasad, Group Head of MasterPass to chat about the platform strategy that underpins MasterPass, how it plans to keep...

Company Spotlight
MasterCard Gets Ready To Support EMV Debit
July 24, 2014

MasterCard’s latest Card Personalization Validation module in the Collis EMV Personalization Validation Tool qualified by MasterCard, including the U.S. Common Debit AID, according to a UL release. The tool will be used to support EMV card issuers in the U.S., and specifically “checks if MasterCard...

Mobile Commerce
Apple Gets iWatch Patent
July 24, 2014

The USPTO issued Apple a patent covering several types of smartwatch devices, including a modular design that has a smart strap with built-in sensors that can host personal media devices, i.e. the iPod nano, according to TechCrunch. The new patent calls the device “iTime,” similar...

Mobile Commerce
How Many Mobile Users Actually Shop Online?
July 23, 2014

A new report by BuzzCity says that more than 70 percent of mobile consumers shop online, and about half purchase regularly, while 20 percent browse online then make a purchase in a physical store. The report also shows that mobile is as important as PCs...

Company Spotlight
MasterCard Partners With SHAZAM To Introduce EMV Debit
July 23, 2014

The SHAZAM Network announced yesterday that has teamed up with MasterCard to offer an EMV debit solution to its participants, according to a SHAZAM release. The Network expects the chip card adoption to decrease fraud and increase transaction security, and the agreement provides all Network...

Mobile Commerce
Target Fights Amazon’s Fire With Fire
July 23, 2014

Target’s “In a Snap,” app is designed to fight Fire with fire, so to speak. In an effort to tamp down the showrooming activity that Amazon’s Fire phone makes more accessible, according to Mobile Commerce Daily, the app will provide instant access to products that...

Merchant Innovation
StartUp Lands $25M To Compete With OpenTable
July 23, 2014

Startup Quandoo wants to take on OpenTable in the real-time restaurant reservation game. And as of yesterday, it had $25 million more in funding to help it in that battle. As reported by TechCrunch, Quandoo closed its latest funding Series growth financing round, which was lead by...

Mobile Commerce
Westpac Considers Replacing Physical Cards With Digital Ones
July 23, 2014

Westpac claims that it is now the first bank in New Zealand to begin a trial period of HCE mobile payments, expected to launch early next year. The three-month trial involves 40 staff members, and will enable users to make payments via NFC enabled Android...