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Latest Headlines

Latest Headlines

News Scan: Men lose mobile phones more often than women; Red Hat buys FeedHenry for $81.5M;

Check out the hottest Mobile IT news for Sept. 19, including who wins the missing mobile device battle of the sexes, the big acquisition of FeedHenry, job cuts at Ericsson, the gaming company paying a fine for breaking COPPA and PayPal Here coming to the Android.

PayPal dumps processing fees to galvanize mobile point-of-sale adoption

PayPal announced Cash for Registers, a new program that offers free credit, debit card, check and PayPal processing to any U.S. merchant that swaps out its existing point-of-sale system in favor of the PayPal Here m-commerce system.

eBay adds 2.8M new customers via mobile in Q1

eBay added roughly 2.8 million new customers through its mobile applications during the first quarter of 2013, with downloads of those apps now topping 162 million since late 2008.

PayPal acquires mobile app maker Duff Research, expands Here app to iPad

PayPal is acquiring mobile software development startup Duff Research, a move to accelerate the rollout of its digital wallet efforts. Financial terms were not disclosed.

PayPal Here expands to Europe ahead of mobile payment rival Square

PayPal is extending its PayPal Here mobile payment processing platform to Europe, beating rival Square in the race to establish a beachhead on the other side of the Atlantic.

Mobile payments in 2013: Will it be user-driven or vendor-driven?

The gold rush to win the mobile payment race has attracted a lot of different companies, however it's still unclear which ones will succeed at this multi-billion dollar industry.The ecosystem is currently divided into two camps: vendor-driven and user-driven initiatives.

VeriFone yanks SAIL out of 'unprofitable' mobile payments biz

VeriFone Systems is pulling out of the mobile payment processing segment dominated by Square and PayPal, calling the market "fundamentally unprofitable."

Bank of America to rival Square, PayPal Here with mobile payments reader

Bank of America is the latest entrant into the booming mobile payments processing segment. The company announced it will introduce the Mobile Pay on Demand platform on Dec. 3.

Report: Amazon taking on Square, PayPal Here with m-payments reader

Amazon is reportedly working on a mobile payments reader that would pit the digital commerce giant against services like Square and PayPal Here.

PayPal on pace to process $10B in mobile payments in 2012

PayPal said it expects to handle $10 billion in transacted mobile payment volume in 2012, an increase of 150 percent over a year ago.