Moven wants to make it easier for users to manage their spending with their smartphones by offering app-based money management tools. Investors are taking notice, the company just closed a Series A funding round led by SBT Venture Capital that leaves the startup $8M richer....
Japan-based payments network JCB is to begin testing a contactless payments service in Tokyo this month, ahead of a commercial rollout in 2015. The EMV-standard technology will be available in plastic cards, mobiles and wearable devices. Get the Full Story Complete the form to unlock this article...
Russian Standard Bank, Mobile TeleSystems and MasterCard international payment system have presented NFC SIM cards, which allow making one-touch payments for purchases and services using Mobile MasterCard PayPass® technology in 700k locations in 51 countries. The use of Russian Standard Bank NFC MasterCard card requires...
A recent innovation launched by Telecom Italia will likely help cut down on the underground cash economy. According to Finextra, Telecom Italia will distribute mPOS chip card readers from payleven to small business customers. Get the Full Story Complete the form to unlock this article...
Proving that there is more than one tech giant on the Chinese stage, Tencent Holdings Ltd., has announced that it will purchase roughly 20 percent of 58.com Inc., for approximately $736 million. 58.com is China’s answer to Craigslist. Get the Full Story Complete the form to...
A product of German Incubator—Rocket Internet— mobile food delivery app Foodpanda has often been accused of being behind the times in comparison to its competitors GrubHub or JustEat insofar as there was no mobile payment option available through the service. Foodpanda could help one pay...
E-billing in Brazil started in 2012 with an initiative of the federal and state tax authorities. Its aim is to end the need of an authorized printer for fiscal receipts and replacing it by an e-invoice, which can be printed in any device or sent...
Supermarket Carrefour and convenience store Nisa launched a pilot test in Madrid and London, which uses Bluetooth Low Energy (BLE) beacons attached to trolleys and baskets to track a shopper’s journey around the store. Merchants are then provided with data on how shoppers move around...
Mozido, an m-POS firm, has been present in Mexico, since 2012. It rolled out its solution in 80 firms in Yucatán and it expects to reach 500 soon and 2k by 2015. The platform allows for mobile phones top-ups, service payments and payment card transactions....
