It’s not specifically called “WalmartCoin” yet, but that’s the phrase that’s getting bandied around on more than one front. A recently-filed application with the US Patent and Trademark Office makes it clear that Walmart wants a shot at the cryptocurrency market, and is planning to follow in Facebook’s steps with Libra to get there. The … Read more
A maturing market commonly features business closures and consolidations, mergers and acquisitions, as firms build their markets and some just find themselves unable to hack the growing competition. One such shutdown recently came to light, as Circle Pay announced it was beginning a “multi-phase wind-down,” which would conclude on September 30. Those who don’t extract … Read more
We’ve long considered Starbucks the poster child for in-store mobile payments, because not only has it vaulted to prominence based on what it’s done in the field so far, but also how it’s addressed setbacks caused by that success. And indeed, it’s been top of the heap for a while, but a new report suggests … Read more
Sometimes it might seem like the mobile payments market is a bit stagnant. Sure, we hear about new developments all the time, and new use cases keep cropping up, but it doesn’t often seem like we see a lot of people pulling out their smartphones at restaurants or retailers. A new report from IT Intelligence … Read more
I don’t know whether this plan is crazy or brilliant, or somewhere in between, but it’s definitely audacious. Recent reports emerged that Paytm—one of the biggest names in India’s mobile payments scene—is considering an expansion effort, and it’s targeting developed markets for its next big push. Paytm’s chief financial officer, Madhur Deora, took the stage … Read more
BANGALORE, August 27, 2018 /PRNewswire/ — Nreach Online Services Pvt. Ltd. (Xoxoday) is planning to raise US$ 5Mn to enhance its technology offerings and international expansion. The Bangalore based startup which was founded in August 2012 has seen over 160% of average annual revenue growth with a very capital efficient model. Xoxoday has worked with … Read more
It’s interesting, but while plenty of Americans have smartphones, their use of smartphones to make payments is actually somewhat behind the rest of the world. However, some new studies presented by The Economist suggest that this may just be a temporary issue, and that mobile payments in America are really catching on. One projection notes … Read more
Local government, like the township offices, the county road commission, and things like that, are commonly thought of as highly-stable sinecures, jobs largely immune to loss except from the most horrific recessions. They’re almost never thought of as a target for ransomware, but new reports from several sources suggest that they should be. The new … Read more
If you needed any kind of proof that mobile order-ahead is catching on, and the increasing use of such services at places like McDonald’s wasn’t doing it for you, consider recent news from Apple Pay, who plans to bring mobile order-ahead options to the upcoming BottleRock music festival in Napa Valley. Those who use Apple … Read more
SAN FRANCISCO, CA, May 23, 2018 – Afterpay, a cutting-edge digital platform providing interest-free payment plans for online shoppers, announced its expansion into the U.S. market today. Recognized as one of Australia’s fastest-growing fintech firms by IDC, initial U.S. retail partners include the prominent lifestyle retailer Urban Outfitters, Inc., featuring its brands Urban Outfitters, Anthropologie, … Read more