Google announced in a press release today that they forged a deal with Softcard enabling the Google Wallet app to come pre-installed in many Android devices. Google will also be acquiring parts of Softcard technology and patents as part... Read More →
Target.com has now lowered their minimum order amount which will qualify for free shipping to $25, down from the previous $50 threshold. The $50 minimum is on par with what Walmart.com charges, but higher than competitor Amazon’s... Read More →
According to the WSJ, Priceline has plans to purchase hotel booking website Rocketmiles for approximately $20 million. Rocketmiles is a little different than other hotel booking websites in that you earn airline miles for every booking... Read More →
Samsung has purchased LoopPay to enter the mobile payment market and compete with Apple Pay, Google Wallet and Softcard among others. LoopPay is supposed to work with around 90% of retailers already, this is about ten times more than... Read More →
Bloomberg reports that American Express lost it’s case of barring businesses from encouraging the use of Visa or Mastercard as a means of lowering fees, in the latest of a string of blows to the credit card company, after losing... Read More →
American Express announced today that its partnership with Costco will end next year on March 31, 2016. This comes on the heels of the recent September decision to sever ties in the Canadian AmEx, Costco partnership. The current... Read More →
In an interesting development, Google is reportedly making offers to buy Softcard, formerly ISIS. Softcard and Google are competitors at this point, vying for the burgeoning mobile payments market, along with recently released Apple Pay... Read More →
IHG has announced that they have purchased Kimpton Hotels for $430 million in cash. Kimpton was established in 1981 and manages 61 hotels in the United States with another 16 in development (10 are under construction). Their Kimpton... Read More →
On October 17th, President Obama signed a new Executive Order called the BuySecure initiative. The aim of BuySecure is to help securing transactions and sensitive data in light of all the recent data breaches. When announcing this new... Read More →
I was doing some light reading on TechCrunch over the weekend and found this interesting article “Hacked Screenshots Show Friend-To-Friend Payments Feature Hidden In Facebook Messenger“, I think the full article is well... Read More →
For those not familiar with Plink, basically it was an app based loyalty program that allowed you to earn Plink Points when you shopped at selected partner merchants. They launched with a bang of partners but relatively soon after a... Read More →
Not all change is good, and it seems that Evolve Money is moving further and further away from being the gift card friendly company it once labeled itself as.  In the past the online billing company has said that it is committed to... Read More →
In recent news, 51 UPS Stores across 24 states were affected by a data breach between January 2014 and August 2014. UPS is quick to point out that this is just 1% of all UPS Stores. Approximately 105,000 customer transactions were... Read More →
Shift is a debit card that allows users to pay in fiat currency (e.g United States Dollars or USD) using cryptocurrency (e.g Bitcoins). At the moment it’s only in the very early testing stages, with 100 cards currently being... Read More →
According to Bloomberg a Chinese man recently earned a total of 422 million American Express points after he purchased a HK$281 million (US$36 million) porcelain cup in a Sotherby’s auction. Unfortunately these are Hong Kong AmEx... Read More →
