Feb
08
2018
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New credit card skimmer worked in plain sight at Aldi stores

 Police in Lower Pottsgrove, Pennsylvania have spotted a group of thieves who are placing completely camouflaged skimmers on top of credit card terminals in Aldi stores. The skimmers, which the gang placed in plain sight of surveillance video cameras, look exactly like the original credit card terminals but would store debit card numbers and PINs of unsuspecting shoppers. “While Aldi… Read More

Dec
13
2017
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Commerce platform iZettle raises $47M at a $950M valuation

 iZettle — the commerce platform based out of Stockholm that competes against companies like Square, Paypal and SumUp to provide card transactions using smartphones and tablets as well as related accounting services — has raised another €40 million ($47 million) as it approaches a $1 billion valuation. CEO and co-founder Jacob de Geer told TechCrunch the money will go towards… Read More

Feb
19
2016
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Flint Mobile Payments Go Offline, Tells Customers To Use Stripe To Continue Service

flint-mobile The number of startups hoping to break through into the world of payments appears to be shrinking a little bit more. Flint Mobile, a startup backed by the likes of Verizon and True Ventures, has ceased payment operations, and this week it started directing its customers to use Stripe for payments services. The shutdown has been slow and confusing, it seems. We have been trying to reach out… Read More

Jan
17
2016
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Axway Acquires Mobile App Development Platform Appcelerator

appcelerator Appcelerator has been acquired. The mobile app development platform that counts the likes of T-Mobile, PayPal and GameStop among its customers has been bought by the B2B enterprise company Axway in an all-cash deal.
Chances are, Axway isn’t a company you’re necessarily familiar with, but it’s a large publicly traded company with headquarters in Scottsdale, Arizona… Read More

Jan
26
2015
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As Google Looks To Expand Wallet Use, WePay Integrates Instant Buy API

google-wallet Google is reportedly eyeing up an acquisition of Softcard to expand Google Wallet services to more points of sale with retailers; but it also wants to grow its position in the wider world of mobile-based transactions to compete with the likes of PayPal, by way of its Instant Buy API. Originally launched for Android in 2013, today the Instant Buy API is taking a step forward: Google is looking… Read More

Dec
18
2014
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Mobile Commerce Consolidation As Mozido Takes Majority Stake In CorFire

corfire Just days after Dutch digital commerce provider Adyen announced a $250 million round of funding, another heavily capitalised player in the space has made an acquisition to up its game. Mozido, a mobile commerce specialist that raised $185 million in October 2014 after raising $103 million in May, has taken a majority stake in CorFire, another mobile commerce startup that focuses on… Read More

Dec
02
2014
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Revel Systems Gets A $1.2M Grant To Expand Its iPad Point-Of-Sale Business In Europe

belfast christmas market It’s a little more modest than the $100 million in funding announced last month, but Revel Systems, makers of an iPad point-of-sale product of the same name, is picking up yet more capital. This time, it’s a grant of $1.2 million, from Invest Northern Ireland, for Revel to open an office in the capital of Belfast.
The office in Northern Ireland will be used to expand the… Read More

Oct
22
2014
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Verizon Leads Flint Mobile’s $9.4M Round As Payment Service Comes To The Web

flint Flint Mobile, a point-of-sale mobile payments solution originally built around snapping photos of your credit card instead of dongles or using other hardware to make payments, is today announcing that it has raised another $9.4 million in funding led by new, strategic investor Verizon via its Verizon Ventures arm; as well as an expansion of its service to the wider internet in a new… Read More

Oct
22
2014
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Verizon Leads Flint Mobile’s $9.4M Round As Payment Service Comes To The Web

flint Flint Mobile, a point-of-sale mobile payments solution originally built around snapping photos of your credit card instead of dongles or using other hardware to make payments, is today announcing that it has raised another $9.4 million in funding led by new, strategic investor Verizon via its Verizon Ventures arm; as well as an expansion of its service to the wider internet in a new… Read More

Jun
30
2014
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Get Paid: GoDaddy Links With PayPal, Dwolla, Stripe For A Mobile & Web Payment Service

4222474443_a5e2ebaabe_b As GoDaddy gears up for a $100 million IPO, the domain and web services company is adding on more features that will help it make more profitable revenues from its 12 million small-business customers. The latest of these puts GoDaddy further into the world of e-commerce. Today, it is launching “Get Paid,” a new online and mobile payments service created with existing… Read More

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