The mobile wallet platform launched by AT&T, T-Mobile and Verizon as ISIS has now chosen its new name: Softcard. The move was positioned as a way to not be associated with the terrorist group that also branded itself ISIS. But it also provides an opportunity...
Fan funding is the ability for someone watching some content on, for example, YouTube to click to directly support that video producer. In a deal with Google Wallet, Google’s YouTube is trying to enable such payments within videos, with Google taking a generous cut of...
Apple is investigating reports that a security hole in one of its online services allowed cyberthieves to download nude photos from the iCloud accounts of celebrities, the Wall Street Journal reported on Tuesday (Sept. 2). The vulnerability in Apple’s Find My iPhone service, which tracks...
Nordstrom will don the wardrobe of Apple’s apparel mobile payment partner, according to a report Tuesday (Sept. 2) in Bank Innovation, which noted that Nordstrom is suddenly sporting the identical mobile POS used in Apple Stores. “Nordstrom employees, who requested anonymity, said that the department store...
The Foxconn Technology Group has locked down 10 percent control—after writing a $2 million check—of AirSig, a Taiwanese mobile authentication startup, TechCrunch is reporting. That would place AirSig’s valuation at $20 million. “Air Signature, AirSig’s main product, uses the g-sensors in gyroscopes in smartphones to...
Europe’s biggest online fashion retailer is testing a mobile-app feature that will let users snap a picture and then get recommendations for similar clothing, according to the Wall Street Journal. Berlin-based Zalando–which is reportedly preparing an imminent IPO–said it is testing the image-recognition technology in...
After years of bank fee increases—both in type and amount—those fees may be on the decline. “Banks are making less of their money from customer-account fees than at any time in the past seven decades as strict government rules and changing consumer behavior squeeze a...
At its launch next Tuesday (Sept. 9), Apple may be able to announce the final elements needed for it to truly leverage the hundreds of millions of payment card details stored within its iTunes and AppStore databases, thanks to deals quietly cut with both Visa...
With the exception perhaps of the Starbucks mobile app, mobile apps for payment have been struggling to catch on with consumers. Some petroleum retailers, however, appear to making a go of it with apps that offer discounts on gasoline purchases at the pump. For the...
