Tricia Duryee in Commerce on August 23, 2011 at 3:57 pm PT
As the largest maker of cash registers and other payment processing devices, VeriFone is willing to spend up to $1 billion a year on acquisitions to stay on top.
Tricia Duryee in Commerce on August 23, 2011 at 6:00 am PT
Mobile devices — and especially Apple products — have become fairly mainstream at U.S. retail locations. Today, Pacific Sunwear announced a significant deployment of mobile devices in its stores.
Tricia Duryee in Commerce on August 1, 2011 at 5:30 am PT
Verizon Wireless is announcing a partnership with American Express that will enable its 100-million-plus mobile subscribers to pay for goods online using their phone numbers.
Tricia Duryee in Commerce on June 28, 2011 at 9:01 pm PT
Pittsburgh-based Dynamics is announcing a $35 million round of financing that it will use to make a more intelligent credit card that it hopes will compete against others in the space, including Square and Google Wallet. It thought it was one of the biggest rounds raised this year by a payments company, and it was for about 20 minutes until Square announced it had raised $100 million.
Tricia Duryee in Commerce on May 12, 2011 at 7:00 am PT
Vente-privee.com, a French-owned flash sales site with about 13 million members and more than $1 billion in European sales, is forming a joint venture with American Express to enter the U.S. market.
Tricia Duryee in Commerce on May 11, 2011 at 8:46 am PT
Visa unveiled a new electronic payments strategy today that will enable the card processor to challenge other players already in the market, such as PayPal and Amazon.
Tricia Duryee in Commerce on April 29, 2011 at 4:35 pm PT
A day after Square announced it had received an investment from Visa, it said it would be adding an additional level of encryption into its card reader that plugs into smartphones. But, it insisted, the decision had nothing to do with the accusations of security flaws that VeriFone raised last month.
Tricia Duryee in Commerce on April 15, 2011 at 5:00 am PT
Discover quietly launched a new service this week, allowing customers to send money from their phone to anyone with an email address or mobile phone number.
