For the first in its five-year history, Square reported on Wednesday (Dec. 10), it’s sellers processed more than $100 million in sales in a single day. And that day was Friday (Dec. 5). Just in case anyone cares, the company released some of the stats...
Ebay has overhauled its iPad app with a photo-heavy look and curated categories to bring the feel of brick-and-mortar discovery to mobile shopping. The ecommerce giant said it’s now prepared to keep up with the mobile shopping market that has shown a growing number of...
Swedish bank ICA will issue MasterCard contactless payment cards to more than 500,000 customers in the first contactless rollout in Sweden, the bank announced on Tuesday (Dec. 9). The bank is owned by Sweden’s largest grocery retailer, the 2,300-store ICA chain, which said it already...
Amazon used to to be the king of the holiday deals, but data from ShopSavvy shows this year may be different. ShopSavvy, a mobile shopping app, was able to tap into the database of pricing info of retailers to see who has the best shopping...
San Francisco startup Insikt has brought in another $16 million in funding to grow its “lending as a service” business, TechCrunch reported on Tuesday (Dec. 9). Revolution Ventures led the Series B investment round, along with Jefferies and Atalaya Capital Management and current investors Firstmark...
Don’t like the price on something on Amazon.com? No problem. Just offer Amazon a lower price and see if they go for it. This program, set to be announced Tuesday (Dec. 9) and called “Make An Offer,” limited to “one-of-a-kind” items such as collectibles and...
No payment card company in Korea is currently developing its own tokenization system, and that has some in the Korean retail and financial industries worried, Business Korea reported. While Korean issuers Shinhan Card and BC Card can currently deliver a “somewhat similar” technology that creates...
The 1,850-store fast-food chain Chick-Fil-A on Monday (Dec. 8) announced its own QR code mobile payment and mobile ordering app for both iOS and Android, but the initial rollout will only be support at 130 stores in Atlanta, Chicago, Houston, Los Angeles, Orlando and Washington, D.C.. The app is funded through...
It’s long been common practice for cyberthieves to test stolen cards online, often with a tiny charge on a charity site, to quickly determine which have been shut down and which are still valid. But the latest tactic involves ordering pizzas from Domino’s—OK, so food...
