Apple’s World Wide Developers Conference Starts Today After weeks of waiting and speculation, Christmas has finally come for tech, consumer electronics and Apple enthusiasts as the company’s Worldwide Developers Conference (WWDC) kicks off today in San Francisco later today. Some announcements are anticipated, according to Mashable, Apple...
UK-based processor Kalixa has acquired PXP Solutions, a 27-year-old privately held UK-based merchant processor, according to lawyers involved in the deal. Some 8,000 merchants and retailers in 27 countries worldwide use PXP’s in-store payments technology. Its customers range from small and midsize businesses to leading...
The flight and hotel search startup Hipmunk announced on its blog last week that it had raised $20 million in Series C funding. Oak Investment Partners led the way, which according to Hipmunk CEO Adam Goldstein has the necessary travel and mobile experience to really...
The Sears credit card, often one of the first credit-based products consumers receive, increasingly is being replaced by co-branded MasterCards. Sears reportedly for some customers is replacing its proprietary card with the MasterCard-branded product, which Citi Cards issues for the retailer, and is closing the...
Lagos, Nigeria-based design company CreativityKills, hoping to bring PayPal to Nigeria, recently launched a petition on the website change.org. According to the petition, Nigeria is the largest African country and those individuals in the nation are currently unable to fully use PayPal. On some websites...
Wowsa. Talk about awakening the slumbering bear! This week economist and MPD Founder David Evans wins the prize for heating up the PYMNTS.com community with his article about Overstock not taking bitcoins, Overstock’s response and then Evans' response to the response! But there’s more! Readers...
Merchants processing through BluePay that don’t want to deal with trying to collect on their own their portion of the $7 billion interchange class-action settlement Visa and MasterCard struck with merchants in 2012 now have an alternative. BluePay on May 30 announced it is collaborating...
Sometimes an acquisition makes the most sense, while other times a simple partnership will help fill a product or service gap. Whatever the strategy, anticipated growth in point-of-sale demands has the acquiring industry in collaboration mode as key players look to fill emerging market needs.
Bradesco Seguros, a branch of one the big banks that offers medical insurance, will launch an Andorid and iOS m-wallet, developed by Scopus, which will enable customers to consolidate cards. Windows and tablet support will be available in a second phase. Clinics, labs and third...
