Massachusetts-based mobile commerce solution provider Loop revealed in an exclusive interview with PYMNTS.com as part of our Breakthrough Series that it has secured $10 million in Series A angel investor funding (Jump to 0:30). Graylin hinted that later funding rounds will not be kept to...
Consumers and merchants need to change – That’s the drumbeat and mobile payments players are marching to it. To most experts, this is the core issue, and it’s simple. Mobile payments is a chicken-and-egg problem that just can’t be cracked. But, what these observers may...
“We can clearly tell the hype behind many of the mobile wallets out there. We can gauge the adoption based on the demand we are receiving from merchants – and it is not there. Most of it is clearly hype.” Henry Helgeson, CEO of Merchant...
You probably haven’t heard of the punch-card picture phone. But in 1961, AT&T’s engineers were convinced it was the next great innovation in banking. The invention proceeded picture messaging by nearly half a century, and allowed banks and consumers to share documents with the ease...
George Wallner had nothing left to prove in payments. After his run as the founder and CEO of Hypercom, which became one of the leading POS providers in the world, Wallner was enjoying his retirement. And as the man credited with inventing magnetic stripe transmission...
