Korean electronics conglomerate Samsung, which has surpassed Apple in the smartphone space, now wants to challenge Cupertino in the mobile payments space with its purchase of mobile wallet startup LoopPay.
Staples was an early retailer to adopt Apple Pay, announcing its support of the digital payment technology even before it launched.
Reserve has raised $15 million to continue development of its mobile app that enables users to make restaurant reservations and pay the check, reports TechCrunch.
Mobile fraud is on the rise, and companies are losing millions of dollars as a result.
While Amazon hopes for an exemption to start testing their drone delivery service from the Federal Aviation Administration, Chinese e-commerce competitor Alibaba has taken to the skies.
When you think IBM mainframe, you don't immediately think "mobile." But according to Big Blue, it is the first mainframe that can process trillions of transactions in the mobile economy securely.
Reflecting the recent explosion of mobile commerce activity, market research firm Gartner is forecasting that mobile commerce will generate half of all revenues from digital commerce by 2017, up from 22 percent of digital commerce revenue currently.
Apple announced that it is expanding its Maps Connect for Small Business internationally, reports 9to5Mac.
New technologies, such are digital wallets, cryptocurrencies, and mobile peer-to-peer payments, are transforming the way we transact our business, observes an article at MIT Technology Review."The smartphone is the catalyst for a lot of change in this industry," says Dana Stalder, a venture capitalist with Matrix Partners.
More than one-third of banking executives say that IT investment in mobile payments is the most important focus for them from a customer interface perspective, according to data cited in an infographic prepared by CDW.