Mobile wallet May 19
Mobile wallet May 17
Remember MCX CurrentC, the QR-code based mobile payment system that attempted to take on Apple Pay? Launched two years ago, it immediately started creating waves when it required its retail members to switch off Apple Pay or be fined. If that weren’t bad enough, it was quickly hacked.
Apple Pay fans made fun of the service in app reviews, and it wasn’t long before retailers started to break ranks and we saw some rapid back-pedalling on Apple Pay from one CEO before he was replaced by another.
Little has been heard from MCX since, and it’s no surprise that the consortium finally appears to be giving up on the idea – though it has stopped a little way short of admitting as much …
Mobile wallet November 3, 2015
With Apple Pay, Google Wallet and other services transforming the way people carry out transactions, Apple has joined forces with four other companies to ensure that lawmakers don’t end up ‘inadvertently’ stifling innovation in the financial services field.
Technology industry leaders Amazon, Apple, Google, Intuit and PayPal today announced the formation of Financial Innovation Now, a coalition that will promote policies to help foster greater innovation in financial services.
While the new organization uses relatively diplomatic language, it’s pretty clear that the aim is to ensure that politicians don’t screw things up by introducing poorly thought-out legislation, like the infamous example proposed by Democratic Rep. Joshua Peters … expand full story
Mobile wallet February 18, 2015
Mobile wallet January 16, 2014