Mobile Commerce

Cool
Credit Card Fees Are Up, But Then So Are Rewards
April 14, 2014

Credit card interest rates are on the rise, but so are the rewards issuers are offering cardholders. In fact, a lot of the terms today heavily favor cardholders. But don’t expect consumers to turn to credit card cash-advances any time soon. Those fees are way...

Mobile Commerce
Korean Credit Card Companies Will Pay for POS Upgrade for ‘Mom and Pop Shops’
April 14, 2014

The Financial Supervisory Service (FSS) in South Korea announced on Friday that local credit card companies will help over 650,000 mom-and-pop stores pay for ENVY compliant terminals by 2015, according to The Korea Times.   Companies such as Shinhan Card, KB Kookmin Card and NH NongHyup...

Commentary
The $160 Billion Burning a Hole in Apple’s Pocket
April 14, 2014

Everyone’s favorite payments parlor game is speculating about what, if anything, Apple plans to do in the mobile payment space. Just last week, we heard the 4th, or was it the 6th time, that it will launch the iPhone 6 with NFC capabilities. Surely, with...

Hmmm
Report: Apps Taking Up More Of Consumers’ Mobile Time
April 14, 2014

Consumers on average spend nearly three hours a day on their mobile devices. Whereas only a few years ago mobile Web browsing consumed much of that time, apps now control the mobile experience – even more so than just a year ago, according to an...

Controversial
Square’s Many Suitors
April 11, 2014

The payments rumor mill is on fire with speculation that Square is up for sale. We thought it would be fun to take a look at the potential slate of Square’s suitors - what they bring to the table and why Square might want to...

Mobile Commerce
Pier 1 CIO Wants Retailers to Change with the Times of Technology
April 11, 2014

Andy Laudato, SVP and CIO at Pier 1, believes that “retail hasn’t changed in thousands of years until 1994 with Amazon.com,” he told Computer Weekly. With sites like Pinterest, Laudato says that customers are now arranging products on ‘boards’ versus in-stores. “There are limitless ways...

IdentityMind Partners with Jumio to Create Bitcoin Compliance Program
April 11, 2014

Earlier this week, IdentityMind announced at the Inside Bitcoins event in New York that they will be partnering with Jumio and launch its IGNITE program. The program will provide anti-money laundering (AML) Bitcoin compliance for major Bitcoin exchanges. The transactions will be monitored for startups through...

Mobile Commerce
VeriFone Now Offering Handheld EMV Terminal, Adds ISO Sales Power
April 11, 2014

VeriFone Systems Inc. this week announced the launch of its first handheld EMV-capable payment terminal, the VX 690, which features Bluetooth, 3G radio and Wi-Fi connectivity. The terminal maker also announced that some 100 independent sales organizations and acquirers are now offering its GlobalBay Merchant...

Another Week Of Rough Waters For Bitcoin
April 11, 2014

Deck: Spring just doesn’t seem to have spring just yet for the Bitcoin market, despite the plethora of news around Bitcoin. Innovators continue to be hopeful and a new Bitcoin debit card has come to market, but news from Australia and China has tempered the...