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...
Shifting technology, new alliances and skepticism among young consumers are creating risks — as well as opportunities — for PayPal, according to Bloomberg. That’s one reason PayPal is being spun off from eBay, which will give the payments business more flexibility to innovate and find...
$130M in financial activity. Included an array of investment types – VC funding, private placements, etc. Of that total, almost all was driven by strategic or venture –backed investments. Deem ran with the leading investment. A round for the San Francisco based company, was $30...
More than one out of every three (35 percent) shoppers today use mobile devices as part of their purchasing process, a 10 percent hike from 2012, according to new results from a shopper behavior study. Much of the change comes from sharp increases from three...
Curbside, the mobile shopping startup, is using $9.5 million in seed and Series A funding to help shoppers do same-day pickup, which is a hybrid between mobile shopping and in-store. Ideally, it combines the convenience of M-Commerce with the immediacy of in-store, with shoppers driving...
Square has closed $150 million in new venture financing, bringing Square’s current value to about $6 billion, the New York Times reported Sunday (Oct. 5). The new financing round was led the Government of Singapore Investment Corp.—a new investor—and included Goldman Sachs and Rizvi Traverse...
Visa CEO Charlie Scharf is trying to change the payments conversation, from reaching out to retailers—some of whom, he freely admits, “hate” Visa—to embracing mobile and cyber currency strategies, according to an extensive BusinessWeek profile published Thursday (Oct. 2). “A 4-foot-tall robot with a video...
Supervalu has discovered a second data breach—a “separate intrusion” potentially launched by a different sets of cyberthieves—that hit many of its grocery stores. The chain did, however, report a silver lining: Security upgrades from the first attack minimized damage from the second attack. But it...
The Chinese government is officially allowing Apple to start selling the iPhone 6/6 Plus in China after extracting a privacy promise from Apple “that it would never allow any country or government agency backdoor access to its devices or user data,” according to a report...
