MasterCard, Visa and American Express Propose New Global Digital Payments Standard

Visa, MasterCard and American Express recently introduced a proposed framework for a new global standard to enhance the security of digital payments and simplify the purchasing experience when shopping on a mobile phone, tablet, personal computer or other smart device. According to an August 2013 report from the U.S. Census Bureau, roughly six percent of

Identive Announces New Chairman of the Board and Management Team

Identive Group, Inc.  announces Steven Humphreys as its new chairman of the board and the promotion of Lawrence W. Midland to president and Dr. Manfred Mueller to chief operating officer of the company. All appointments are effective immediately. “Identive’s ability to operate as a united, focused company is strengthened with the appointments approved by our

MasterCard debuts Priceless Africa in Nigeria

MasterCard has announced the launch of the Priceless Africa campaign in Nigeria, a part of the global Priceless Cities campaign; that aims to reward consumers in Nigeria for their loyalty and to enhance their journey towards embracing cashless transactions. Nigeria will be joining the current 26 MasterCard Priceless destinations across the globe, as consumers get

Most Expensive Apple Macbook in SA @ R999,999,999.

uPrice.co.za might want to rethink their default settings. I was in the market for an Apple Macbook Air and thought I would do some research  to check out the best prices.  uPrice.co.za was advertising the Apple MacBook Air on their home page and so hoping to find a good deal I clicked to see what

FIS to Showcase Key Payment Innovations at Money2020

FIS™  a provider of banking and payments technology, will bring a robust presence to this year’s Money2020 conference, an annual event for emerging payments and financial services. One of Forbes 100 Most Innovative Companies, FIS will demonstrate the success of its Mobile Wallet with Cardless Cash Access, which allows users to not only pay using their smart

eBay Enterprise Unveils New Suite of Commerce Technologies

eBay Enterprise, the leading global provider of commerce technologies, omnichannel operations and marketing solutions for the world’s premier retailers and brands, introduced its new suite of commerce technologies at its annual Client Summit recently in New York. “Retailers and brands understand the importance of having industry-leading capabilities across their entire value chain to support a

Mobile Wallet Stalls in 2013: A Look into 2014’S Potential Lucrative Future

With an annual U.S. retail POS market of almost $4 trillion up for grabs, the stakes are extremely high. But slow adoption, lack of merchant enthusiasm, fragmented offerings, and blocking by competitors has resulted in stalled growth for mobile wallets. Today, Javelin Strategy & Research released the firm’s Mobile Wallet Game Changers: A Glimpse into

PayPal and Intershop Close Partnership for e-Commerce Solutions

Intershop, a leading global software solutions provider for e-commerce, and PayPal, global leader for online payments, announced today a partnership for e-commerce solutions in Brazil. Via PayPal, Intershop offers retailers a safe, reliable and simple to use payment platform. In turn, PayPal will offer clients Intershop’s state-or-the-art e-commerce platform, proven technology from two decades of

Clinkle Announces 100K on Wait List and Investor Sir Richard Branson

Clinkle Corporation, a stealth startup working to modernize how people transact, announced that in less than two months after opening its college wait lists, over 100,000 people are in line to use Clinkle. In addition to celebrating this milestone, Clinkle has announced that Sir Richard Branson has made a personal investment in the company. “We’re

eBay Inc. to Aquire Global Payments Innovator Braintree

eBay Inc.  announced that it has agreed to acquire Braintree, a global payment platform powering the next generation of leading online and mobile-first startups, for total consideration of approximately $800 million in cash. “Braintree is a perfect fit with PayPal,” said eBay Inc. President and CEO John Donahoe. “Bill Ready and his team add complementary