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Verizon adds PayPal CEO to its board

Dan Schulman has telecom history with Sprint, Virgin Mobile USA Paypal President and CEO Dan Schulman has joined the Verizon board, effective yesterday. Schulman comes to Verizon's board with experience in both the payments space and a history in the mobile industry -- he was...

Kagan: Can PayPal stay ahead of the competition?

The world of mobile pay or electronic payments has been exploding with growth in recent years. PayPal has been the leader in this space for the longest time and that has not changed. Year after year they continue to face growing competition, but they...

Kagan: PayPal predictions for the 2016 holiday shopping season

Last month I met with PayPal at the Money 20/20 conference in Las Vegas. First, let me say this is one impressive company. It started in 1998, simply helping people pay for things and get paid. Since, it has become the leader in the...

BMW launches first motorcycle with Vodafone IoT SIM card

BMW has launched the K 1600 GT touring motorcycle, the first model with an optional eCall service via an onboard Vodafone SIM card. The BMW Motorrad ConnectedRide eCall/ ACN (Emergency Call/ Automatic Collision Notification) system uses networks throughout Europe in order to get help to...

Kagan: PayPal mobile payment growth engine

Over the last couple of years, there has been much attention to and change in the mobile payment space. PayPal was the leader for decades when Apple Pay, Google Pay and countless others entered the space in the last couple of years. The assumption was...

Kagan: PayPal threat and opportunity

Can PayPal compete against Apple, Google, Android and other mobile commerce platforms? The online and wireless payment space is growing, changing and maturing and that is threatening existing leaders like PayPal. How will new competition from entrants like Apple Pay, Google Wallet, Android Pay, Google...

Google Wallet gets federal insurance

In a first-of-its-kind move, FDIC will back Google Wallet WASHINGTON – In a landmark announcement, the Federal Deposit Insurance Corp. will now insure money held in Google Wallet accounts. The federally run program insures all deposits in U.S. banks up to $250,000. The move will be...

Last week in Latin America: Nextel launch in Chile; Anatel vs. TIM in Brazil; Vivo’s m-payment

Anatel reports TIM disconnected calls on purpose A report released last week by Brazil’s telecom regulator agency Anatel claims that TIM Brasil purposely dropped calls on customers of its low-cost Infinity Plan that charges customers by the call and not on the length of those...

Reader Forum: Mobile wallet is not your stupid electronic wallet

Editor's Note: Welcome to our weekly Reader Forum section. In an attempt to broaden our interaction with our readers we have created this forum for those with something meaningful to say to the wireless industry. We want to keep this as open as possible,...

Senior LulzSec member arrested in Scotland

Just a few hours ago the UK's police force announced they had arrested a member of hacking collective LulzSec in Shetland, an island off the north coast of Scotland (not, as Fox reported in the US, in London).

PayPal demos NFC payments at Mobile Beat 2011

PayPal demonstrated its new NFC capabilities for the first time this week at the Mobile Beat 2011 conference in San Francisco. Senior director of PayPal Mobile, Laura Chambers, gave the audience a demo of the new service by tapping two smartphones together to transfer a...

PayPal Intros Phone-to-Phone & Tap Out; Payments

PayPal this morning announced a new mobile phone widget that will let smartphone users "tap" their phones together to exchange money. ...

EBay’s PayPal Unveils Mobile-to-Mobile Payment System With NFC Technology

EBay Inc. (EBAY)’s PayPal unit unveiled a service that will let users make payments by tapping their mobile devices together, joining rivals in the market for wireless transactions using near field communication technology. ...

PayPal readies NFC app for payments on Android devices

Considering all the activity of late, PayPal appears to be jumping into the deep end of the mobile payments space. The company is planning to launch a new application for Android devices later this summer that leverages near field communication technology to provide a...

PayPal Intros Phone-to-Phone “Bump” Payments

PCWorld | July 13, 2011 | Mark Sullivan PayPal this morning announced a new mobile phone widget that will let smartphone users tap their phones together to exchange money. Read the full article here via PCWorld

PayPal Intros Phone-to-Phone "Bump" Payments

PCWorld | July 13, 2011 | Mark Sullivan PayPal this morning announced a new mobile phone widget that will let smartphone users tap their phones together to exchange money. Read the full article here via PCWorld

EBay’s PayPal Unveils Mobile-to-Mobile Payment System With NFC Technology

Bloomberg | July 13, 2011 | Douglas Macmillan EBay Inc. (EBAY)’s PayPal unit unveiled a service that will let users make payments by tapping their mobile devices together, joining rivals in the market for wireless transactions using near field communication technology. Read the full article here...

eBay acquires Zong for $240M

eBay Inc. (EBAY) has reached a deal to acquire Zong for $240 million in cash. The Menlo Park, Calif.-based company provides mobile payments through carrier billing channels and has deals with more than 250 operators around the world.eBay plans to combine bring Zong’s...

Analyst Angle: 2012 mobile trends – mobile commerce, product ecosystems, location integration

Editor's Note: Welcome to our weekly feature, Analyst Angle. We've collected a group of the industry's leading analysts to give their outlook on the hot topics in the wireless industry. This week marks the start of the second half of 2011 – a perfect time...

Square rakes in $100M in new VC round

Square Inc.'s valuation has surged to $1 billion on the heels of a fresh venture financing round totaling $100 million. Led by Kleiner Perkins Caufield & Byers, with participation from Tiger Global Management, the new funding will be used by the eight-month-old company to...

PayPal projects $3B in mobile payments this year

PayPal has revised its projected 2011 revenue for mobile payments for a third time this year to $3 billion. Earlier projections from the company pegged mobile revenue at $1.5 billion and then $2 billion.“Mobile payments are growing at a rate we never could have...

Reader Forum: Can credit card info ever be safe in this ‘bad new world?’

Editor's Note: Welcome to our weekly Reader Forum section. In an attempt to broaden our interaction with our readers we have created this forum for those with something meaningful to say to the wireless industry. We want to keep this as open as possible,...

AirRun app appeals to the lazy and productive

Rob Matthews is a self-described lazy man. The 2008 graduate of Miami (OH) University somehow saw opportunity in his deficiency, and became founder, CEO and president of AirRun, which recently launched its free, hyperlocal service-based app in cities across the U.S. While a student, Matthews...

Interspire grows e-commerce platform, Austin workforce

E-commerce software firm Insterpire plans to expand its footprint in its Austin, Texas office from around 40 employees to 70 workers by the end of 2011. The Sydney-based company announced that healthy growth will likely lead to hiring VP positions in the area of engineering...