There’s one more addition to Europe’s growing number of mobile payment providers. Aside from local startup companies, Intuit recently launched its mobile credit card payment system known as Intuit Pay. It was initially launched in the United Kingdom, ahead of PayPal which first announced launching its own mobile payment in the region. Intuit’s closes US…

With over 6000 apps industry professionals & developers already registered, the global multi-platform Apps World opens on 7-8 February this week. CloudTimes is proud to be a media sponsor for this year’s App World Conference. Taking over the iconic Moscone Center West on Thursday and Friday, Apps World will deliver ten expert tracks of industry content, discussion, advice and analysis, with…

When Apple first introduced iPhone back in 2007, late Steve jobs made the famous remarks as iPhone was five year ahead of competition. And now, five years later, Apple is battling it battling it out with progressively strong competition from others. The mobile battle is now shifted about services more than it is about hardware….

The new version of Google Wallet, based on the cloud, is updated to assure its customers get greater security in their transactions and purchases and provide compatibility with all credit and debit cards from Visa, MasterCard, American Express, and Discover. Security has been the key to this new version of NFC-enabled mobile payment platform, as…

X.commerce, a new business at eBay Inc. that connects developers and merchants, today announced it has joined the OpenStack™ community and will leverage the open source cloud operating system to deliver its powerful commerce ecosystem to the combined developer communities of eBay, PayPal and Magento. By choosing to standardize on OpenStack, X.commerce offers its development community the…

Securing Virtual Payment Systems, an Information Supplement authored and recently published by the Virtualization SIG of PCI’s Security Standards Council, provides clearer guidance for how to achieve and maintain PCI compliance in virtual environments. The new guidance is far reaching and significantly challenges the virtualization security status quo. Virtual system administrators and security analysts must…

Square, a Mobile payments startup, announced this morning that it has raised $100 million in Series C financing which puts its valuation close $1 billion according to the Wall Street Journal. The funding round was led by high-profile venture capital firm Kleiner Perkins Caufield & Byers. The company Tweeted today:”To continue to empower everyone to…

Square’s new payment application recently registered 1 million card reader transactions, 500,000 mobile payments and $3 million daily payment processing last May. Jack Dorsey, CEO announced that more is coming up with the new generation of Square. Square Register is next in line, a key sales application that is seen to replace the old cash…