Groupon has made some pretty big strides in the few years of its existence, having accumulated nearly 70 million downloads of its app, which supports daily deals and coupons. It added 9 million in just the last quarter alone. But it also is adjusting its...
04 March 2014 The source code for Mt. Gox, the troubled virtual-currency exchange, has been leaked online by an anonymous hacker. Additionally, the person also disclosed to TechCrunch that he or she stole 20GB worth of customer information, including allegedly passport and other personal identification data. The...
04 March 2014 Here’s our Startup Roundup: a (close-to-) comprehensive list of each of the startup companies in payments and/or e-commerce to receive at least $1 million in funding from equity investors in 2014. We’ll update this list regularly, with funding dates, amounts, and quick...
05 March 2014 Billers are scrambling to keep up with consumer demand for mobile billing and payments, as only 12 percent of billers have a mobile bill-presentment and payment (MBPP) strategy, new research shows. Fiserv Inc.’s second annual Biller Mobile Bill Pay Benchmark Study took...
05 March 2014 Maybe not the question that our Congressional men and women are discussing today in DC, but one that’s on my mind, anyway, these days in spite of the speed at which the EMV train is moving in payments, post-breach. The ripple effect...
06 March 2014 Mobile commerce continues to grow, yet many merchants aren’t prepared to handle the nuances associated with it. Fraud prevention is one factor, but knowing which online transactions are initiated with mobile devices also remains a mystery for many retailers, contends Brad Wiskirchen,...
07 March 2014 Yesterday, after years of speculation – outlandish and sensible – the brain behind bitcoin was finally unmasked. Newsweek reports that the inventor of Bitcoin, known heretofore only under the pseudonym “Satoshi Nakamoto,” is really Dorian S. Nakamoto. But wait. Later in the day, the...
Like many emerging mobile-based products today, beacon technology, which enables merchants to identify specific customers in or near their stores, has potential to greatly improve customer relations. But it’s highly untested, and improper execution could do more harm than good. Because beacons, which uses Bluetooth...
Google has officially denied rumors that it is debating a Bitcoin payments integration. A story circulating the Internet on Jan. 23, suggesting that the search giant was moving toward adopting the controversial virtual currency as a form of payment. “We are working in the payments...
