Samsung won’t be charging anyone for Samsung Pay when it rolls out the mobile payment service in Korea — not card issuing banks and not payment processors, Business Korea reported on Monday (March 9). That could set the stage for a fee-free U.S. version of...
Sandwich chain Subway is testing a link between its loyalty program and access to its in-store Wi-Fi – and it’s trying out the new approach in some places that aren’t accustomed to being mobile technology guinea pigs. Under a deal with Turnstyle Solutions, a Toronto-based...
A new group payments app from a startup called Glassjar takes a more businesslike approach to the problem of friends who need to chip in to pay a bill: It literally sends them invoices, according to Tech in Asia. The Silicon Valley-based startup, which started...
Rocket Internet’s price-comparison search engine PricePanda, which has been steadily expanding across Asian markets, is merging with Australia’s GetPrice, the two companies announced on Thursday (March 5). Under the deal, GetPrice co-founder Jared Oken will become CEO of the new merged venture called Next Commerce,...
An Apple patent application made public this week may hold some clues as to how Apple Pay will work in the future, not just with the iPhone and iPad, but also with the Apple Watch and other wearables. The application, which Apple filed on Aug....
The future of BBVA won’t just be more technology in banking. “BBVA will be a software company in the future,” the Spanish bank’s chairman, Francisco Gonzalez, told an audience on Wednesday (March 4) at Mobile World Congress in Barcelona. His bank has been on a...
Mobile shopping in China jumped 239 percent in 2014, more than tripling the value of mobile purchases in 2013 — and mobile will overtake other forms of Chinese online shopping by the end of next year, Internet Retailer reported. Chinese mcommerce climbed to 929.7 billion...
NFC chipmaker NXP Semiconductors said it expects mobile wallets to be in half of new smartphones by the start of 2016 — and China will be the leading market, Bloomberg News reported. “Half the smartphones will have mobile wallets by the end of 2015,” NXP...
Several large U.K. banks may be at risk because of a security hole in their two-factor authentication systems, and regulators aren’t acting to deal with the problem, a security research company has revealed. To exploit the vulnerability in the banks’ online banking systems, cyberattackers could...
