EBay on Monday (Oct. 6) said it would support a fine art auction with some of New York City’s top art galleries—Swann Auction Galleries, Doyle New York and Freeman’s—as consumers are showing a willingness and a comfort to spend a lot more online. “The new...
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...
Reporting Tuesday (Oct. 7) that it’s operating profit plunged as much as 61.8 percent, as it battles Apple in the smartphone market that it once dominated. The Wall Street Journal opted to not mince words Tuesday, saying that Samsung “has gone from smartphone model to...
Is Google tightening the screws on large Android OEMS that leverage the Android operating system to revive Google Wallet in the face of the new Apple Pay challenge? That may be why the search giant is introducing new requirements for Android certification. According to confidential...
Back in March, China bans using QR Code for payments, but that may end shortly, according to a report in Mobile Commerce News. The initial ban from the Central Bank was issued because of security concerns. The story reports that rumors of the ban’s imminent...
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...
Samsung is making its NFC payment move in China, in a deal with UnionPay, China’s largest payment card firm. “The Shanghai-based card company said UnionPay’s NFC payment system can be used by more than 3.6 million Samsung smartphones in China, including the Galaxy Note 4,...
China’s two biggest online services already have large payments operations — and now both have permission to be bankers, too. On Monday (Sept. 29), Alibaba Group’s Alipay affiliate won permission from the China Banking Regulatory Commission to set up a privately owned bank, according to...
There’s no doubt that Apple Pay has a lot going for it. It’s the payment method birthed by a beloved consumer brand and technology giant, it has the backing of the biggest payments players on the planet and it has those same players using their...
