Square is safe for now, as Shuttle is only being launched in Europe, but Adyen’s entrenched position in the online and mobile payments markets give it a great initial boost against local rivals. Read more »
What should Apple do with its $110 billion pile of cash? Buy Foursquare and Square, says Mor Naaman. Apple would immediately become a giant payments company, and it could completely take over the local point-of-sale market. In this article, Naaman makes his case for the deal. Read more »
VeriFone is looking to become not just a seller of point-of-sale terminals but a provider of managed services for merchants, whic will need help in transitioning to new alternative payment systems like NFC. VeriFone projects half its revenue in 2015 will be from services. Read more »
Connectivity changes everything. That’s the credo driving just about every corner of our day-to-day lives. As human beings, we are now connected to one another through not just our social networks but also our cars, the books we read, the albums we download and even our own health and wellness habits (to name just a few areas). With that in mind, GigaOM Pro has singled out certain areas in the technology industry where we see this shift to constant connectivity taking place most drastically. Read more at GigaOM Pro »
Own, a Detroit-based startup, is building its own tablet-based point-of-sale technology that enables merchants to tie all of their payments, analytics, social media and deals into one experience. It just announced $1.2 million in seed funding and is moving its headquarters to San Francisco. Read more »
