Interesting working relationships have popped up over the last year. At the same time, some existing ones have dissolved, corporations are splitting up for better or worse, and some competitors continue to antagonise one another.
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Payments start-up cashcloud has completed a third financing round with new investors, raising an undisclosed amount in the area of ‘several million Swiss francs’ to develop and distribute the its mobile cashcloud eWallet.
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For Cubic, taking payments is a military operation. The transportation, defence and payments specialists power fare collections for some of the biggest transport infrastructure networks in the world. Now it’s looking to bring the internet to the battlefield.
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Payments made using NFC-enabled handsets will account for $130 billion of worldwide consumer retail spending by 2020.
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EU negotiators have reached on initial deal on capping fees for debit and credit card payments across the European Union.
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