Last week, the New York Department of Financial Services released a series of proposed regulations called “BitLicense.” However, according to a recent TechCrunch contribution piece, the regulations will likely do more harm than good. The article’s authors explained that the proposed rules are so broad they...
Dealflicks, a company that prides itself on being the “Priceline for movie tickets,” announced this week that it had raised $1.7 million in seed funding. Investors in this round included 500 Startups, Siemer Ventures, Archer Gray and Rubicon VC. Company co-founder Sean Wycliffe explained to...
The U.S.-based computer technology company Dell partnered with Coinbase to enable accepting Bitcoin as a payment method option for online purchases. After customers choose their items and select Bitcoin as payment during checkout, they will be directed to Coinbase.com to complete the transaction. Currently, the...
Mobile bill payment is now available from Intuit’s bill pay app Check. Intuit acquired Check in May for $360 million. The acquisition was just the latest related to company moves to expand its offerings into payments. With the new app, paying bills can be done...
The day may soon arrive when consumers will be able to by the goods they see advertised on Facebook, all without ever having to leave the site. The company is testing a “buy” button that will allow customers to purchase items placed in the news...
With hundreds of mPOS players in the market, it’s getting harder and harder to tell them apart. Well, except if you’re Flint. They’ve ditched the dongle and use smartphone cameras to turn any phone into a card accepting device. What’s the inspiration behind their mPOS...
Earlier this week, PYMNTS reported that Apple was launching a new service in Japan that allowed users to load credit for purchases in the iTunes store using Apple retail establishments. It seems that Apple’s plans were somewhat bigger than initially stated, as iPhoneHacks has reported that the iTunes Pass...
It’s baacck. About twenty years ago, the big corporate buzzword was “glocal” – the global-plus-local business strategy that defined how multinationals would compete successfully on a global stage. Well, “glocal” is not only back, it’s the imprimatur of a strategy that makes the most of...
In what will likely be regarded as one small step for Apple’s payments ambitions, and one giant leap for Apple rumor mongers everywhere, the high-concept tech firm has launched an iTunes-backed payments system — in Japan. The company has launched a mobile payment system based on the...
