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Mobile payments firm breaks the $1 billion funding threshold

Mobile payments firm breaks the $1 billion funding threshold

(adsbygoogle = window.adsbygoogle || []).push({}); Adyen reaches a $1.5 billion valuation after latest round of funding Adyen, a mobile payment firm based in Amsterdam, has raised $250 million during its latest round of funding, bringing its valuation to $1.5 billion. The startup aims to provide consumers with a simple way to accept payments no matter where they are and without currency restrictions. The platform could make it easier for online merchants to sell their products throughout the … Read entire article »

Filed under: Commercial, International, Mobile Commerce, Mobile Payments

eGrove Systems aims to make it easier for merchants to embrace mobile commerce

eGrove Systems aims to make it easier for merchants to embrace mobile commerce

New product launched by eGrove Systems will allow online merchants to build their own mobile apps IT solutions provider eGrove Systems has announced that it has launched a new product, called Elite m-Commerce. The product is meant to provide online merchants with a way to create their own mobile commerce applications. The demand for such a service has been growing in the retail sector for some time. Many merchants do not have the capability to develop … Read entire article »

Filed under: Mobile Apps, Mobile Commerce, Mobile Payments, Technology News

Suncorp Bank shows support for mobile payments

Suncorp Bank shows support for mobile payments

Bank will be launching its own mobile commerce service in the near future Suncorp Bank has announced that it will be accepting mobile payments from the iOS and Android platforms The bank has plans to begin rolling out mobile payment support on its mobile application for Android devices beginning in 2015. Afterward, the organization plans to begin working with Apple to make payments through the Apple Pay platform possible for its customers. Mobile payment support may … Read entire article »

Filed under: Mobile Apps, Mobile Commerce, Mobile Payments, Near Field Communications, QR Codes

Is mobile security moving too slowly for payment technology’s evolution?

Is mobile security moving too slowly for payment technology’s evolution?

Some Canadians have been expressing a feeling of loss of control over their private data. At a time in which mobile security has been called into question specifically in terms of the use of banking apps, Canadians are facing another potential issue with regards to the protection of their data in relation to their payment cards – both plastic and over their smartphones. The large banks and credit unions in the country are now creating debit cards … Read entire article »

Filed under: Mobile Commerce Security, Mobile Payments

Payfone launches new mobile security service

Payfone launches new mobile security service

Payfone will be working with banks for the launch of its Identity Certainty products in 2015 Payfone, a mobile security solutions provider, has announced the launch of a new product called Identity Certainty, which will be used by several banks to ensure the security of financial information. The company has partnered with three major financial institutions, which will begin using Identity Certainty in the first quarter of 2015. These institutions will also be working with Early … Read entire article »

Filed under: Mobile Commerce, Mobile Commerce Security, Mobile Payments, Technology News

Mobile commerce reaches new heights globally

Mobile commerce reaches new heights globally

New report from Criteo shows that mobile shopping is more than just a passing fancy Criteo, a performance marketing technology firm, has released the latest edition of its Mobile Commerce Report. The report highlights the results seen in the mobile sector during the fourth quarter of 2014, showcasing emerging trends and addressing consumer shopping behavior. The report has found that mobile now accounts for a large portion of online transactions, especially in parts of the world … Read entire article »

Filed under: International, Mobile Commerce, Mobile Payments, Trends, United States

Tencent is growing bolder in the mobile commerce space

Tencent is growing bolder in the mobile commerce space

Mobile commerce competition is intensifying in China As China’s mobile commerce market continues to boom, Tencent is beginning to feel extreme pressure due to competition from Alibaba. Competition in the mobile space is growing fierce, but Alibaba currently controls 84% of the market. Tencent does hold a strong place in China and beyond, however, because of its popular WeChat messaging application and mobile gaming platform. Tencent has been working to turn its messaging app into a … Read entire article »

Filed under: International, Mobile Apps, Mobile Commerce, Mobile Payments

Alibaba finds success with mobile commerce solution Alipay

Alibaba finds success with mobile commerce solution Alipay

More consumers are embracing mobile commerce in China, turning to Alipay to get their shopping done online Mobile shopping is exploding in China. The country has become one of the leading mobile commerce markets in the world, largely thanks to the companies that are making it easier for consumers to participate in this sector. Alibaba is one of China’s leading e-commerce organizations and the company has been expressing a strong interest in the mobile field for … Read entire article »

Filed under: International, Mobile Apps, Mobile Commerce, Mobile Payments