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Three reasons why mobile payments won’t take off unless every retailer 'does a Starbucks'

06 Jun 13 - PaymentEye - Insight
US shoppers bought just USD500m worth of goods and services using mobile wallet apps last year, a drop in the ocean compared to the trillions spent using cash, credit and debit cards. It’s a similar story in Europe, where just USD100m was spent across ...

Bitcoin exchange TradeHill increases security with miiCard

03 May 13 - PaymentEye - Partnership Deals
Bitcoin exchange TradeHill has partnered with online identity verification start-up miiCard.  After launching in 2011, TradeHill was forced to close within six months amidst widespread identity fraud. A fall-out with the digital payments outfit ...

Dwolla banks USD16.5m for online money transfers

01 May 13 - PaymentEye - Partnership DealsVC Deals
Online payment service, Dwolla, has raised USD16.5m in a Series C round led by Andreessen Horowitz. Investment also came from existing backers Village Ventures, Thrive Capital and Union Square Ventures. Dwolla’s software acts as a network through ...

Sionic Mobile launches mCommerce platform for financial institutions

05 Feb 13 - PaymentEye - New ProductsNew Technology
Sionic Mobile has announced the release of its mobile community marketplace platform created specifically for sponsorship and branding by financial institutions. The ION Local mCommerce platform is designed to help banks and credit unions monetise ...

Dwolla and mFoundry partner for mobile cash transfers in the US

11 Oct 12 - PaymentEye - Partnership Deals
Cash transfer network, Dwolla, has joined forces with mobile banking firm, mFoundry, to offer a mobile money transfer service to up to 800 banks in the US. The service will be available to banks that already use mFoundry's Fin.X mobile banking platform, ...

Revel Systems releases updated version of its PoS system

22 Aug 12 - PaymentEye - New ProductsNew Technology
Revel Systems, a provider of iPad PoS solutions is releasing an updated version of its PoS system designed specifically for supermarkets and grocery stores (view press release). The Grocery POS system incorporates integration with Dwolla, a payment ...

Sionic Mobile launches ION Rewards

16 Jul 12 - PaymentEye - New Products
Mobile technology company, Sionic Mobile, is launching ION Rewards, a free app that enables consumers in the US to earn rewards for making purchases, pay with their phones, connect with friends and sign up to their favourite places (view press release). ...

Veridian Credit Union members gain access to Dwolla payments network

15 Jun 12 - PaymentEye - Partnership Deals
Members of Veridian Credit Union can now gain access to the Dwolla online, mobile, social and location-based payments network which has been integrated with Veridian’s online banking platform via Dwolla’s FiSync service (view press release). FiSync ...

GetTaxi app submits proposal to become official taxi app of NY, and partners with Dwolla and HopStop

15 Jun 12 - PaymentEye - Partnership Deals
Israeli startup GetTaxi, an app that helps you catch a cab, have submitted a proposal to New York City’s Taxi and Limousine Commission in a bid to become their official taxi app, and are intending to partner with Dwolla and HopStop.  GetTaxi gives users ...

Aston Kutcher makes undisclosed investment in Dwolla

13 Apr 12 - PaymentEye - VC Deals
Aston Kutcher’s venture capital company, A-Grade Investments, has invested an undisclosed sum in Iowa based mobile payment startup Dwolla. The funds will be channelled into Dwolla’s new online and mobile payments network through which users can transfer ...

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