The Bitcoin payments processor that was created by former Visa and Cybersource people, Bitnet, has pulled in $14.5 million in funding, including from a new player on the digital currency scene: Rakuten. The funding was led by Highland Capital Partners and included Japanese E-commerce behemoth...
Mobile ordering is a buzz in Portland’s Starbucks market, as the company announced a new app Thursday (Oct. 16) that will enable customers to order and place up from chosen location. “Mobile ordering will deliver convenience, frequency and speed of service and over time, become the fastest and...
The U.S. government will replace roughly 9 million government-issued payment cards with EMV chip-and-PIN versions early next year in a push to increase awareness and use of the more secure cards, President Barack Obama announced on Friday (Oct. 14). Between 5 and 6 million prepaid...
A holiday shopping survey from the National Retail Federation released Thursday (Oct. 16) found that consumers plan on doing 44 percent plan of shopping online. That is the highest percentage of online shopping that the annual survey—now in its 13th year—has ever seen. The survey...
From his lips to your ears. It’s official. Tim Cook, Apple CEO, said that Apple Pay with be released on Monday (Oct. 20) along with the iOS 8.1 update. Apple Pay will be available on the new iPhone 6 and 6 Plus via Passbook and the...
Despite the rise of global fashion chains and online shopping, department stores are starting to enjoy a renaissance after finding ways to attract a new generation of customers, according to Business Insider. “Millennials love shops just as their parents and grandparents did,” said Andy Street,...
There’s one way to be certain that POS data can’t get stolen – don’t have data at the POS in the first place. That’s the innovation that Intel launched Wednesday (Oct. 15). Intel Data Protection Technology For Transactions creates an encrypted tunnel thru which cardholder...
Apple Pay training documents are now again pointing to Monday (Oct. 20) as the date when Apple wants retailers to start offering shoppers Apple Pay, according to a MacRumors story. This seems to be verified by a 9to5Mac story that quoted from a memo from...
You can get a store credit card at just about any retailer. The standard question has left consumers with the often split-second choice of asking themselves at checkout: Should I open this credit card? The short answer: Yes and No. Rewards can be high, but...
