Russian President Vladimir Putin reportedly has signed amendments to a recently enacted law that make it easier for MasterCard and Visa to remain operating in that country. Specific details, remain sketchy, and there may be a $3 billion string attached to the deal.
Today is the day that we might actually get a peek into Apple’s playbook on mobile payments. Anyone who hasn’t totally tuned out everything over the last week but the near endless coverage of the Kimye wedding and honeymoon knows that Apple is hosting its...
Apple’s World Wide Developers Conference Starts Today After weeks of waiting and speculation, Christmas has finally come for tech, consumer electronics and Apple enthusiasts as the company’s Worldwide Developers Conference (WWDC) kicks off today in San Francisco later today. Some announcements are anticipated, according to Mashable, Apple...
While Costco Wholesale Corp. continues to test home delivery, company execs at the Issaquah, Wash.-based wholesale shopping club contend strong bargains will keep shopping warehouses busy. “It’s merchandising, it’s quality and it’s quantity relative to price. It’s the extreme value,” Richard Galanti, Costco executive vice...
The latest data from research firm IDC projects that tablet device sales for the next year will be lower than 2013 sales. As reported by Mobile World, IDC research showed that approximately 245.4 million tablets will ship in 2014, which is a decrease from its...
UK-based processor Kalixa has acquired PXP Solutions, a 27-year-old privately held UK-based merchant processor, according to lawyers involved in the deal. Some 8,000 merchants and retailers in 27 countries worldwide use PXP’s in-store payments technology. Its customers range from small and midsize businesses to leading...
The flight and hotel search startup Hipmunk announced on its blog last week that it had raised $20 million in Series C funding. Oak Investment Partners led the way, which according to Hipmunk CEO Adam Goldstein has the necessary travel and mobile experience to really...
Top Image Systems says it has reached an agreement with an undisclosed European company, which plans to use its eFlow system to process and approve all incoming supplier invoices and order confirmations. The manufacture also is considering using the system eventually to manage the processing...
Lagos, Nigeria-based design company CreativityKills, hoping to bring PayPal to Nigeria, recently launched a petition on the website change.org. According to the petition, Nigeria is the largest African country and those individuals in the nation are currently unable to fully use PayPal. On some websites...
