News

International
How Is New Zealand’s Bitcoin Grocery Doing?
May 21, 2014

Hungry Kiwis with bitcoins to burn are now in luck—there now exists in New Zealand a bitcoin only grocery story: Bitmart. “The enthusiasm of the growing Bitcoin community and their eagerness to help establish a thriving digital currency economy in New Zealand really solidifies my...

Acquiring
What Is The True Value Of A Receipt?
May 21, 2014

Square talked about the value of a receipt in January at the NRF. Today, oodles of merchants and ATM deployers are convinced that receipts are the new “white space” to communicate with and up sell their customers. But which serves the purpose better - paper...

Mobile Commerce
InComm’s Mobile Wallet Platform
May 21, 2014

Prepaid card specialist Incomm has announced the launch of its new mobile platform for mobile wallet providers and merchants. The new platform integrates with a number of existent platforms to allow a full-breadth the processing mobile payments made using prepaid cards at a point of...

Mobile Commerce
PayPal’s Commitment To The Middle East
May 21, 2014

PayPal launched in the Middle East in 2012 with great expectations of bringing their unique brand of payments innovation to the ever growing community of Arab potential users. Two years later, things have not exactly gone as planned, PayPal has just 500,000 active customers in...

Acquiring
NoWait Raises $10 Million In Series B Funding
May 21, 2014

NoWait – a mobile wait listing service that allows app users to view list of nearby restaurants, check wait times and distances and allows them to join wait lists from a mobile phone – has raised $10 million in Series B funding. The round was...

B2B Payments
The Cost Of Accepting Cash
May 21, 2014

Despite the movement to electronics payments and alternative currencies and a shift in the digital age, companies still need to accept cash, but it actually comes at a cost. With governments and businesses realizing the true costs of cash, will there be a greater switch...

Acquiring
U.S.-based fleet management firm Acquired by Micronet
May 20, 2014

Israel-based supplier of ruggedized mobile data terminals Micronet has completed an agreement to acquire the mobile resource management/fleet management division of Beijer Electronics. Micronet will buy all related intellectual property, product rights, customer base, sales and marketing network, and technical support, as well as production facilities. With...

B2B Payments
6Sense Comes Out Of Stealth With $12 Million In First Round Funding
May 20, 2014

6Sense wants to help sales forces more effectively predict their leads, specifically the company hopes to offer the kind of predictive lead scoring that will allow a salesforce to determine what types of leads are the most likely to buy. That doesn’t make them terribly...

B2B Payments
Olset Raises $1.1 Million To Make Business Travel More Personal
May 20, 2014

OLSET wants to make travel better for the business people who have the duty of planning their own travel through online sites, and they have $1.1 million in new seed funding to make that happen. The platform not only allows business travelers to search for accommodations...