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Rovio introduces ‘Bad Piggy Bank’ in-app mobile payment solution for Android
At a streamed press conference Friday, Rovio CEO Peter Vesterbacka announced the creation of a new mobile payment system dubbed Bad Piggy Bank. Rovio is the development company responsible for the...
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Verifone to include NFC in all new payment systems
In an attempt to combat what it is referring to as “merchant resistance,” payment solutions company Verifone has taken an unprecedented step with NFC (Near Field Communications) technology. The...
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Google to test NFC mobile payment system in New York, San Francisco
Leaving your credit card at the bar may soon be a thing of the past — that is, if you live in San Francisco or New York City. Bloomberg is reporting that Google is planning to trial its new Near Field...
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Visa announces PayPal-like payment service for U.S. consumers
Credit card giant Visa has announced a new payment service for U.S. consumers set to launch in the second half of 2011. The new offering closely mimics services offered by PayPal, allowing users with...
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Amex takes on PayPal with Serve; outs iOS and Android apps
Today American Express introduced its new digital payment system called Serve. Serve works similar to PayPal in that it allows users to create an account that can be used for sending or receiving...
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Deutsche Telekom confirms $6 billion prenuptial agreement with AT&T
It’s more like a pre-prenuptial agreement, but you get the idea. T-Mobile’s parent company, Deutsche Telecom, has confirmed that it stands to receive a $6 billion settlement from AT&T should the...
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Google to unveil mobile payment service this week, report claims
Sources speaking with Bloomberg claim Google is finally ready to take the wraps off its mobile payment service. According to a new report, Google will host an event on Thursday, May 26th to introduce...
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Apple could pay Nokia $600M up front, $550M each year in patent settlement
Deutsche Bank analyst Kai Korschelt on Tuesday estimated that Nokia stands to make a pretty penny off of royalty payments from Apple moving forward. Nokia announced early on Tuesday that it had...
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Just 17% of U.K. consumers would use their phone as a mobile wallet, study...
Despite the growing number of mobile payment initiatives such as ISIS and Google Wallet, only a handful of consumers actually want to use their phones as a mobile wallet. According to new research...
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Verizon begins testing new mobile payment solution
Vantiv, a provider of mobile payment solutions, announced a new point-of-sale product on Friday that it will be rolling out in partnership with Verizon Wireless. The product, which is currently in...
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You don’t need to sign your credit card receipt any more
Most of the slightly surprising news that comes out on April 1st is unsurprisingly fake. But one change went into effect yesterday that is real: You probably don’t have to sign your credit card...
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Man checking for stimulus payment finds $8.2 million in his account
An Indiana man’s bank account showed a balance of $8.2 million after his government stimulus payment was deposited. The man, Charles Calvin, had to wait until Monday to contact his bank, which now...
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