Biometric payment card startup Zwipe has swiped $14M to add to an earlier Series B round as it continues to work towards commercializing technology that embeds a fingerprint reader in payment plastic for an added layer of security. “We are not commercially rolled out yet, we expect that to happen in the second half of this […]
View More Zwipe tops up with $14M to bring biometric payment cards to market this yearCategory: Payments
A new Square debit card makes it easy for businesses to spend their Square revenue
Square is announcing a new debit card, called the Square Card, which will allow businesses to withdraw and spend the money they’re bringing in through Square payments. In a conference call with reporters, the company laid out a number of benefits that the card should offer to Square sellers. The big one: It could help […]
View More A new Square debit card makes it easy for businesses to spend their Square revenueNew policy puts revenue squeeze on China’s payments giants
The era that saw China’s mobile payments providers making handsome interest returns on client money has officially ended. Starting this week, non-bank payments companies must place 100 percent of their customer deposit funds under centralized, interest-free accounts as Beijing moves to rein in financial risks. In the past, third-party payments firms were allowed to hold […]
View More New policy puts revenue squeeze on China’s payments giantsWeChat is quietly ranking user behavior to play catch-up with Alibaba
Over one billion people leave behind trails of information on WeChat every day as they use the messenger to chat, read, shop, hail rides, rent umbrellas and run many other errands. And the Tencent app has quietly started using this type of signal to determine whether a user is worthy of perks such as deposit-free […]
View More WeChat is quietly ranking user behavior to play catch-up with AlibabaDaily Crunch: How the government shutdown is damaging cybersecurity and future IPOs
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1. How Trump’s government shutdown is harming cyber and national security The government has been shut down for nearly three weeks, and […]
View More Daily Crunch: How the government shutdown is damaging cybersecurity and future IPOsMeet Caper, the AI self-checkout shopping cart
The Amazon boogie-man has every retailer scrambling for ways to fight back. But the cost and effort to install cameras all over the ceiling or into every shelf could block stores from entering the autonomous shopping era. Caper Labs wants to make eliminating checkout lines as easy as replacing their shopping carts while offering a […]
View More Meet Caper, the AI self-checkout shopping cartSquare finds its Sarah Friar replacement with new CFO Amrita Ahuja
The mobile payments company has tapped former Blizzard Entertainment CFO Amrita Ahuja.
View More Square finds its Sarah Friar replacement with new CFO Amrita AhujaApple Pay finally launches in Germany
Apple’s mobile payment technology has finally launched in Germany, some four years after it debuted in the U.S. On its newly launched Apple Pay website for Germany, Apple lists partner banks and credit card companies at launch, with customers from the likes of Deutsche Bank, O2 Banking, N26, Comdirect, HypoVerensbank, Bunq and Boon able to tap […]
View More Apple Pay finally launches in GermanyFB QVC? Facebook tries Live video shopping
Want to run your own home shopping network? Facebook is now testing a Live video feature for merchants that lets them demo and describe their items for viewers. Customers can screenshot something they want to buy and use Messenger to send it to the seller, who can then request payment right through the chat app. […]
View More FB QVC? Facebook tries Live video shoppingUber Eats test lets restaurants trade discounts for ranking boost
Uber Eats has effectively invented its own native ad unit. Uber confirmed to TechCrunch that a test quietly running in markets around India allows restaurants to bundle several food items together and sell them at a discounted price in exchange for promoted placement by Uber Eats in a featured section of local “Specials”. In some […]
View More Uber Eats test lets restaurants trade discounts for ranking boostPayPal: Black Friday & Cyber Monday broke records with $1B+ in mobile payment volume
Black Friday broke records in terms of sales made from mobile devices, according to reports last week from Adobe. This week, PayPal said it saw a similar trend during the Thanksgiving to Cyber Monday shopping event. PayPal saw a record-breaking $1 billion+ in mobile payment volume for the first time ever on Black Friday – a […]
View More PayPal: Black Friday & Cyber Monday broke records with $1B+ in mobile payment volumeMeet ‘Bitski’, the single sign-on wallet crypto desperately needs
The mainstream will never adopt blockchain-powered decentralized apps (dApps) if it’s a struggle to log in. They’re either forced to manage complex security keys themselves, or rely on a clunky wallet-equipped browser like MetaMask. What users need is for signing in to blockchain apps to be as easy as Login With Facebook. So that’s what […]
View More Meet ‘Bitski’, the single sign-on wallet crypto desperately needs