Investor extraordinaire Carl Icahn sees Apple Pay as one of several factors that is going to propel the Apple and its new iPhones. In a letter to Apple CEO Tim Cook on Thursday (Oct. 9), Icahn offered a variety of observations and insights into what...
Two PayPal execs have been quoted saying that PayPal could top a market capitalization of $100 billion. A Motley Fool writer, though, ran some calculations and concluded that the only way this makes sense is if PayPal intends to become a true processor. An idea,...
It’s way above my pay grade to weigh in on Carl Icahn’s proposal to Apple to accelerate its share buybacks. But the letter made for good reading, nonetheless. Someone did a whole lot of work to assemble a bunch of stats on Apple and its various products...
As the hoopla over Apple Pay wanes, skepticism is beginning to set in — even among executives at big retail chains that will be rolling out Apple’s new payment system later this month. On Tuesday (Oct. 7), Target director of finance Bill Ramsey told a...
Square is merging the two things every payments geek needs: geolocation and making sure that your coffee is served hot and fresh. (For many payments firms, “fresh” is measured in months, but let’s not go there.) Get the Full Story Complete the form to unlock...
Shifting technology, new alliances and skepticism among young consumers are creating risks — as well as opportunities — for PayPal, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Pizza Hut, who was the first retailer to truly push the capabilities of the iPhone app and has been a longtime massive support of Apple efforts, said some decidedly non-cheerleaderish comments on Monday (Oct. 6) during a tradeshow panel. Get the Full Story Complete the...
One of the most oft-cited criticisms of startups—especially mobile firms—is that they sell a solution in search of a problem. Airbnb is making a powerful case that such comments do not apply to them, as they are seeing soaring growth among business travelers specifically because the...
The Web-fueled florist company BloomNation confirmed Tuesday (Oct. 7) that it has raised an additional $5.5 million (a total of $7.2 million) from Andreessen Horowitz and Ronny Conway (son of angel Ron Conway), according to a report in the Los Angeles Times. Get the Full...
