Mobile

Investment Tracker | December 11 – 17
December 17, 2014

Adyen And The Changing Face Of Cross-Border Payment  Christmas, it seems, has come early for global payments technology company Adyen this year. The Amsterdam-based business announced a $250 million funding round Tuesday (December 16), led by global growth equity investor General Atlantic, (with participation from...

Europe
Apple Shuts Down Russian E-Sales Due to Ruble
December 17, 2014

Apple took the unusual move Tuesday (Nov. 16) of shutting down all of its online sales in Russia due to what Apple said were “extreme” ruble fluctuations, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Apple Pay
Adyen Raises Quarter-Of-A-Billion Dollars
December 16, 2014

Global payments vendor Adyen on Tuesday (Dec. 16) said that it has closed $250 million in new funding, led by global growth equity investor General Atlantic, with additional participation from Temasek, Index Ventures and Felicis Ventures. Get the Full Story Complete the form to unlock...

Apple Pay
Apple Now Lets Google Wallet Use TouchID, Split Checks
December 16, 2014

Apple, which uses its iTunes accept/reject power to control potential rivals, is slightly loosening control on Google Wallet. A new update to the mobile app released on Monday (Dec. 15) now allows for extensive use of the iPhone’s Touch ID, enabling Google Wallet users to...

iPhone Magnetized Accessories May Interfere With NFC
December 16, 2014

Some iPhone accessories that attach to the phone via magnets—an attachable better camera lens is an example—may disrupt NFC communications and, therefore, Apple Pay, 9to5Mac is reporting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Mobile
Another Mobile Pay Field Trial: 53 Percent Success
December 16, 2014

Mobile payments aren’t quite ready for prime time — at least not in Boston. That’s the conclusion of a Boston Globe writer who tested mobile-payment offerings from several local companies — with limited success. Get the Full Story Complete the form to unlock this article...

Uber Practicing A New Form Of Lobbying Pressure
December 15, 2014

Its newfound investment dollars—which have given the company a $41 billion valuation—are financing a massive international lobbying operation, catching state and municipal leaders offguard, according to an extensive Washington Post probe of Uber’s lobbying efforts. Get the Full Story Complete the form to unlock this...

Mobile
Amex CEO Skeptical About Bitcoin
December 15, 2014

American Express CEO Kenneth Chenault is not so certain that Bitcoin is going to play a dominant payment role any time soon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Uber’s Latest Investor: China’s Baidu
December 15, 2014

Uber Technologies is selling a minority stake to Baidu, which owns China’s largest search engine, in a cash and non-cash asset deal that “may be worth as much as $600 million,” according to a China National Radio report as noted by Bloomberg. Get the Full...