Mobile

You Never Know What You’ll Find On The Internet (Hint Stolen Target Card Data)
October 20, 2014

A report provided at a Russian carding site forum revealed that a cyber-crook has uploaded the details of more than 5 million cards, including those stolen during the Target data breach, according to a Finextra story on Friday (Oct. 17). The underground site Swiped pinpointed the...

MasterCard, Zwipe Put Touch On Contactless Cards
October 20, 2014

MasterCard wants to put its fingerprint on the next contactless payment option — literally. The company announced Friday (Oct. 17) it has partnered with Norwegian firm Zwipe to add a built-in fingerprint sensor to contactless payment cards. The technology turns a consumers fingerprint into a...

Loyalty & Rewards
Starbuck Mobile Ordering Hits Portland, U.S. Launch 2015
October 20, 2014

Mobile ordering is a buzz in Portland’s Starbucks market, as the company announced a new app Thursday (Oct. 16) that will enable customers to order and place up from chosen location. “Mobile ordering will deliver convenience, frequency and speed of service and over time, become the fastest and...

Mobile
Alipay Wallet’s Remarkable Volume
October 20, 2014

Alipay Wallet has confirmed 190 million annual active users and is delivering 45 million daily transactions, with more than half of that coming directly from Alipay transactions, reports Technode. “A little less than one year ago Alipay Wallet had 100 million users and was processing...

Andreessen Bails From eBay Board
October 20, 2014

Venture Capitalist and Web graphical browsers creator Marc Andreesen has resigned from eBay’s board, pointing to the planned split of PayPal and eBay as making it “the right time to step down,” according to Bloomberg. “Andreessen, the co-founder of Netscape and a board member at...

Apple’s New SIM Tanks Gemalto’s Stock
October 20, 2014

Without announcing it, Apple has quietly rolled out a new SIM card on its iPads (but not iPhones) that allows users to “jump between AT&T, Sprint, and T-Mobile without having to swap it out or, more annoyingly, track down/purchase a new SIM card when you...

Piper Jaffray: Apple Pay To Bring In Only $118 Million This Year
October 20, 2014

As Apple Pay rolls out Monday (Oct. 20), it will suffer from two holes in its card acceptance system: corporate cards and prepaid cards. Although those absences may be short-lived, it plays into a very slow initial run for the Apple mobile pay play. Piper...

Mobile
Debit Popularity Dropping, According To TSYS Report
October 20, 2014

Although debit cards are still the most popular form of payment in the U.S., that popularity is sharply dropping, according to a new report from TSYS, which attributed the drop to card security fears. “Forty-three percent of respondents preferred debit as their overall payment type...

Merchant Innovation
NRF Predicts Massive Holiday Online Shopping Volume
October 17, 2014

A holiday shopping survey from the National Retail Federation released Thursday (Oct. 16) found that consumers plan on doing 44 percent plan of shopping online. That is the highest percentage of online shopping that the annual survey—now in its 13th year—has ever seen. The survey...