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Event in Washington, DC, aims to explore the changing field of mobile payments

05/01/201404/28/2014 Stephen Vagus

Event will focus on the convergence of Bitcoin, ATMs, and mobile commerce Experts in the financial services industry will flock to Washington, D.C. in September of this year in order to take part in an event aimed at exploring the convergence of Bitcoin, ATMs, and mobile payments. The event will feature some 40 speakers representing groups like the Bitcoin Investment Trust, RoboCoin, MasterCard, and Verifone. Several attorneys and representatives of the federal government will also attend the event, aiming to establish a better understanding of the payments industry. Digital currency…

Mobile payments move made by Dominos with Google Wallet

04/25/201404/22/2014 Jesse Collins

The pizza chain has now announced that it will be integrating this transaction option into its Android app. This week, Domino’s Pizza announced that it is integrating the Google Wallet mobile payments option into the latest update for its meal ordering app in order to allow customers to be able to use their smartphones to do more when interacting with the company and purchasing their meals. This recent mobile news was released by the company to show that customers can now pay online. The news release shows that the choice…

Mobile payments “success” story, Square, in sale talks

04/24/201404/22/2014 Jennifer Goula

Square Inc. mobile payments nfc technology

As the struggles that are faced by the company continue to grow, discussions of acquisitions grow. Square has been seen as a startup that has everything it takes to succeed, and while it has achieved international adoption and is among the most widely recognized brands in the mobile payments industry, it has been facing a rising number of struggles and there are now talks that acquisition could be in its future. The problem is that its cash is continuing to shrink while its losses continue to broaden. Reports are now…

Mobile wallet marketplace in China adds another key player

04/22/201404/19/2014 John Montgallo

Baidu, the Chinese search giant is now adding its own smartphone based payments service to the mix. China’s smartphone based payments market is already growing at an astounding rate, as $1.6 trillion in transactions were completed over that channel in 2013, but now it is about to become a little bit more competitive as Baidu tosses its own mobile wallet service into the mix of options available for consumers. This will place the search company in direct competition with other online giants, such as Tencent and Alibaba. This new mobile…

Mobile payments options to be offered by Facebook

04/17/201406/06/2014 Jorge Gonzalez

The social network giant has nearly obtained the necessary Central Bank of Ireland approval for funds exchange. Facebook Inc. is extremely close to being able to join in the race for mobile payments, in which there are a rapidly growing number of participants, as it works to boost the availability of its electronic money services. The company is moving ever closer to receiving the approval they need to allow users to send and receive funds. At the time of the writing of this article, the Central Bank of Ireland had…