California’s legislature is considering a license for Bitcoin exchanges that would require maintaining bank-style reserves against possible losses, CoinDesk reported. Under a bill introduced on Friday (Feb. 27) by Assemblyman Matt Dababneh, who chairs the assembly’s Banking and Finance Committee, virtual currency businesses operating in...
For the first time since 2011, Apple has outsold Samsung in the mobile phone arena. According to technology research firm Gartner, with worldwide sales of its smartphones for the fourth quarter of 2014 totaling approximately 74.8 million units, Apple surpassed Samsung — which sold approximately...
MasterCard is partnering with mobile ticketing and “intelligent travel solutions” provider Cubic Transportation Systems to stitch payments and retail offers into Cubic’s public transit ticketing and trip-planning app, the companies announced at Mobile World Congress. The deal, which builds on work MasterCard and Cubic are...
Retailers are fed up with hearing from banks and credit unions that they don’t care about payment-card security and fraud, Bank Info Security reported. “It’s issuers, merchants and cardholders who bear the brunt of fraud losses in the U.S.,” said Liz Garner, VP of the...
Much like the consumers they serve, retailers have a habit of falling in love with newness when it comes to their customer base. Adding new names to the email list, attracting new foot traffic into physical stores, drawing new eyes to the website – companies...
After years of pushing e-commerce sites to be more mobile friendly, Google is now pushing retailers to make their Android apps more search friendly as well, according to a post on the company’s blog for webmasters. To do that, app developers will have to create...
Almost two years after PayPal launched a handheld payment card reader for merchants in the U.K., that’s finally coming to the U.S. — and this time, it will support contactless payments and Apple Pay, too. PayPal announced the new reader at Mobile World Congress in Barcelona...
In the era of online marketplaces and the sharing economy, it is unsurprising that users’ reviews are important. Depending on which study one favors, between 83 and 88 percent of consumers use online reviews as a tool to guide their purchasing decisions. Uber drivers who average...
If you’re a mobile phone carrier with plans to offer the Samsung Galaxy S6 with a curved screen, it’s going to cost you. An anonymous source at one of Samsung’s mobile carrier partners in Europe has told Ars Technica that Samsung plans to charge carriers...
