Thursday, August 9, 2012

First Data Releases July 2012 SpendTrend®


Consumers Pull Back on Spending in July
ATLANTA--()--First Data Corporation, a global leader in electronic commerce and payment processing, today released its First Data SpendTrend®analysis for the full month of July 2012 compared to July 2011. SpendTrend tracks same-store consumer spending by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks at U.S. merchant locations.
Consumer spending growth remained sluggish due to ongoing concerns about the economic recovery. Year-over-year dollar volume growth of 5.7% represented the slowest growth observed over the past year. Consumers have undoubtedly showed tentativeness in their spending habits.
Consumers were a bit less cautious with spending in certain discretionary categories in July. Back-to-school spending, retail discounting, and a moderate improvement in housing drove shoppers to spend in industries such as clothing and accessory stores, furniture and home furnishings, building material and garden equipment and supply dealers. Consumers also increased their summer vacation spending this year, and as a result hotels saw higher dollar volume growth.
“Consumers’ moods will remain relatively downbeat until clearer signals emerge that the economy is stabilizing again. Several macroeconomic factors are weighing heavily on consumers ability to increase spending including weak income and employment growth. Merchants will be watching carefully to see if early indications of strong back-to-school spending continue to materialize in August,” said Rikard Bandebo, vice president and economist, First Data.
July Dollar Volume Growth
  
CHANGE
Credit+7.4%
Signature Debit+2.7%
PIN Debit+5.8%
Check-4.4%
Closed-Loop Prepaid-7.9%
Note: All transactions are same-store growth.
For more information on First Data SpendTrend, visit www.firstdata.com/infoanalytics or call SpendTrend Customer Care at 800-430-0169. A supplementary podcast including further analysis of the SpendTrend July 2012 report is available here.
To participate in the SpendTrend conversation, please follow First Data at http://twitter.com/spendtrend and join us at http://facebook.com/spendtrend.
Around the world, every second of every day, First Data makes payment transactions secure, fast and easy for merchants, financial institutions and their customers. First Data leverages its vast product portfolio and expertise to drive customer revenue and profitability. Whether the choice of payment is by debit or credit card, gift card, check or mobile phone, online or at the checkout counter, First Data takes every opportunity to go beyond the transaction.
First Data SpendTrend, a macro-economic indicator, is based on aggregate same-store sales activity in the First Data Point of Sale Network. First Data SpendTrend does not represent First Data’s financial performance.


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AuthenTec Reports Second Quarter 2012 Financial Results

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AuthenTec Reports Second Quarter 2012 Financial Results

MELBOURNE, Fla.--()--AuthenTec (NASDAQ:AUTH), a leading provider of mobile and network security, today reported financial results for the second quarter ended June 29, 2012.
Second Quarter Highlights:
  • Posted revenue of $20.5 million
  • Achieved fourth consecutive quarter of non-GAAP profitability
  • AuthenTec Added to the Russell 3000 and Global Indexes
AuthenTec achieved revenue of $20.5 million for the second quarter of 2012, which was comprised of approximately $12.7 million from Smart Sensor Solutions and $7.9 million from Embedded Security Solutions.
GAAP Results:
Under Generally Accepted Accounting Principles in the United States of America (GAAP), consolidated net loss for the second quarter of 2012 was $1.2 million, or $0.03 per diluted share. This compares to GAAP net loss of $1.5 million, or $0.03 per diluted share, in the first quarter of 2012 and a GAAP net loss of $4.8 million, or $0.11 per diluted share, in the second quarter of 2011.
GAAP gross margin in the second quarter was 57.4 percent, compared to 57.5 percent reported in the first quarter of 2012 and 47.8 percent in the second quarter of 2011. Total operating expenses on a GAAP basis in the second quarter were $12.8 million, compared to $11.4 million in the first quarter of 2012, and $12.3 million in the second quarter of 2011. The $1.4 million sequential increase in operating expenses was due to fees incurred to support M&A activities as well as increased R&D investments in our Embedded Security business.
Non-GAAP Results:
On a non-GAAP basis, consolidated net income for the second quarter of 2012 was $1.3 million, or $0.03 per diluted share. Non-GAAP results exclude certain legal and other costs, stock-based compensation, as well as the amortization of acquired intangible assets. The second quarter net income compares to non-GAAP net income of $0.3 million, or $0.01 per diluted share, in the first quarter of 2012 and a non-GAAP net loss of $1.9 million, or $0.04 per diluted share, in the second quarter of 2011.
Non-GAAP gross margin in the second quarter was 58.4 percent, compared to 58.7 percent in the first quarter of 2012 and 53.7 percent in the second quarter of 2011.
Total operating expenses on a non-GAAP basis were $10.6 million, an increase from the $9.8 million reported in the first quarter of 2012 and the $10.4 million in the second quarter of 2011. A reconciliation of second quarter GAAP to non-GAAP results is provided in Table 2 following the text of this press release.
As of June 29, 2012, AuthenTec had approximately $25.3 million in cash and investments, up from the $22.8 million cash and investments at the end of the first quarter of 2012, and had no debt.
Recent Business Highlights:
  • Posted sequential and year-over-year growth in both business segments. Smart Sensor revenue of $12.7 million was driven by growth of sensors for wireless to support new smartphone programs and was partially offset by a decrease in government programs. Embedded Security revenue of $7.9 million was driven by increased license revenue from new contracts.
  • Began production of smart fingerprint sensors during the quarter to support new Android smartphones from Fujitsu.
  • Announced that Samsung has chosen AuthenTec’s QuickSec™ VPN security for use in new Android smartphone and tablet models, giving device users built-in security that enables easier, more secure connections to enterprise networks.
  • Supported the launch of multiple new mobile content delivery programs that utilize the Company’s DRM content protection.
Pending Merger Transaction:
On July 27, AuthenTec filed a Form 8-K with the U.S. Securities and Exchange Commission disclosing that it had entered into an agreement and plan of merger with Apple Inc. pursuant to which Apple will acquire all of the outstanding shares of common stock of AuthenTec for $8.00 per share in cash. The transaction is subject to customary closing conditions, including regulatory approval and AuthenTec stockholder approval. Additional details will be provided in the proxy statement AuthenTec will file with the U.S. Securities and Exchange Commission.

Cubic's Freddie Fuller Named to Conference Of Minority Transportation Officials Board of Directors


SAN DIEGO, Calif., August 9, 2012 – In recognition of his achievements in transportation systems and professional development for minorities in the industry, Cubic Transportation Systems’ Freddie Fuller, has been named to the national leadership for the Conference Of Minority Transportation Officials (COMTO) and appointed to its board of directors.

Fuller has been a transportation professional for more than 16 years and in 2009 joined Cubic Transportation Systems, a business segment of San Diego-based Cubic Corporation (NYSE:CUB) and a leading integrator of payment and information technology and services for intelligent travel solutions.  He is regional sales manager for the company’s Washington, DC-based sales and marketing activities and leads sales opportunities in Cubic’s mid-Atlantic region.

He has been active in COMTO since 1997 and is chairman of the organization’s strategic planning committee.   The mission of COMTO is to ensure a level playing field and maximum participation in the transportation industry for minority individuals, businesses and communities of color through advocacy, information sharing, training, education and professional development. Through its active volunteer members, the organization strives to see the diverse faces of America equally reflected in all levels of the transportation industry. Cubic has been a corporate sponsor of COMTO for several years.

Fuller is a graduate in urban studies from Virginia Commonwealth University and earned masters’ degrees in city planning and civil engineering from Georgia Institute of Technology.  He also has earned credits towards a doctorate degree in planning and governance.

Cubic® Transportation Systems, Inc. is part of Cubic Corporation. Cubic Corporation is the parent company of three major business segments: Defense Systems, Mission Support Services and Transportation Systems. Cubic Defense Systems is a leading provider of realistic combat training systems and defense electronics. Mission Support Services is a leading provider of training, operations, maintenance, technical and other support services.

Cubic Transportation Systems, Inc., is a leading integrator of payment and information technology and services for intelligent travel solutions.  Cubic delivers integrated solutions that help transport operators manage their operations and services and give passengers choices in the smartest and easiest ways to pay their fares.  Cubic specializes in design, development, manufacture, supply, installation, integration, services and information.  Services provided by Cubic include on-site management, central systems, operations support, patron support, business support and field services.  

Every year, nearly 10 billion rides are taken worldwide using Cubic payment and information systems. Cubic has delivered over 400 projects in 40 major markets on five continents. Active projects include London; Brisbane (Southeast Queensland) region, Australia; New York/New Jersey region; Washington, D.C./Baltimore/Virginia region; Los Angeles region; San Diego region; San Francisco region; Minneapolis/St. Paul; Chicago; Atlanta region; Miami (South Florida) region; Vancouver and Edmonton, Canada; Sydney (New South Wales), Australia; and Scandinavia.

For more information about Cubic, see the company's Web site at www.cubic.com
###
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2012 Olympics showcase Samsung Galaxy S3 mobile payments

News1 new result for "Near Field Communications"
2012 Olympics showcase Samsung Galaxy S3 mobile payments
200
200 (Photo credit: Wikipedia)

ZDNet

2012 Olympics showcase Samsung Galaxy S3 mobile payments. Summary: Visa and Samsung test out near-field communications for mobile payments with athletes at the London Olympics. Steve Ranger. By Steve Ranger | August 9, 2012 -- 11:23 GMT ...

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ZDNet



Kaspersky Lab Discovers ‘Gauss’ – A New Complex Cyber-Threat Designed to Monitor Online Banking Accounts

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Kaspersky Lab Discovers ‘Gauss’ – A New Complex Cyber-Threat Designed to Monitor Online Banking Accounts

WOBURN, Mass.--()--Kaspersky Lab announces the discovery of ‘Gauss’, a new cyber-threat targeting users in the Middle East. Gauss is a complex, nation-state sponsored cyber-espionage toolkit designed to steal sensitive data, with a specific focus on browser passwords, online banking account credentials, cookies, and specific configurations of infected machines.
The online banking Trojan functionality found in Gauss is a unique characteristic that was not found in any previously known cyber-weapons.
Gauss was discovered during the course of the ongoing effort initiated by the International Telecommunication Union (ITU), following the discovery of Flame. The effort is aimed at mitigating the risks posed by cyber-weapons, which is a key component in achieving the overall objective of global cyber-peace.
ITU, with expertise provided by Kaspersky Lab, is taking important steps to strengthen global cyber-security by actively collaborating with all relevant stakeholders such as governments, the private sector, international organizations and civil society, in addition to its key partners within the ITU-IMPACT initiative.
Kaspersky Lab’s experts discovered Gauss by identifying commonalities the malicious program share with Flame. These include similar architectural platforms, module structures, code bases and means of communication with command & control (C&C) servers.
Quick facts:
  • Analysis indicates that Gauss began operations in the September 2011 timeframe.
  • It was first discovered in June 2012, resulting from the knowledge gained by the in-depth analysis and research conducted on the Flame malware.
  • This discovery was made possible due to strong resemblances and correlations between Flame and Gauss.
  • The Gauss C&C infrastructure was shutdown in July 2012 shortly after its discovery. Currently the malware is in a dormant state, waiting for its C&C servers to become active.
  • Since late May 2012, more than 2,500 infections were recorded by Kaspersky Lab’s cloud-based security system, with the estimated total number of victims of Gauss probably being in the tens of thousands. This number is lower compared to the case of Stuxnet but it’s significantly higher than the number of attacks in Flame and Duqu.
  • Gauss steals detailed information about infected PCs including browser history, cookies, passwords, and system configurations. It is also capable of stealing access credentials for various online banking systems and payment methods.
  • Analysis of Gauss shows it was designed to steal data from several Lebanese banks including the Bank of Beirut, EBLF, BlomBank, ByblosBank, FransaBank and Credit Libanais. In addition, it targets users of Citibank and PayPal.
The new malware was discovered by Kaspersky Lab’s experts in June 2012. Its main module was named by the unknown creators after the German mathematician Johann Carl Friedrich Gauss. Other components bear the names of famous mathematicians as well, including Joseph-Louis Lagrange and Kurt Gödel. The investigation revealed that the first incidents with Gauss date back as early as September 2011. In July 2012 the command and control servers of Gauss stopped functioning.
Multiple modules of Gauss serve the purpose of collecting information from browsers, which include the history of visited websites and passwords. Detailed data on the infected machine is also sent to the attackers, including specifics of network interfaces, the computer’s drives and BIOS information. The Gauss module is also capable of stealing data from the clients of several Lebanese banks including the Bank of Beirut, EBLF, BlomBank, ByblosBank, FransaBank and Credit Libanais. It also targets users of Citibank and PayPal.
Another key feature of Gauss is the ability to infect USB thumb drives, using the same LNK vulnerability that was previously used in Stuxnet and Flame. At the same time, the process of infecting USB sticks is more intelligent. Gauss is capable of “disinfecting” the drive under certain circumstances, and uses the removable media to store collected information in a hidden file. Another activity of the Trojan is the installation of a special font called Palida Narrow, and the purpose of this action is still unknown.
While Gauss is similar to Flame in design, the geography of infections is noticeably different. The highest number of computers hit by Flame was recorded in Iran, while the majority of Gauss victims were located in Lebanon. The number of infections is also different. Based on telemetry reported from the Kaspersky Security Network (KSN), Gauss infected approximately 2,500 machines. In comparison, Flame was significantly lower, infecting closer to 700 machines.
Although the exact method used to infect the computers is not yet known, it is clear that Gauss propagates in a different manner to Flame or Duqu; however, similar to the two previous cyber-espionage weapons, Gauss’ spreading mechanisms are conducted in a controlled fashion, which emphasize stealth and secrecy for the operation.
Alexander Gostev, Chief Security Expert, Kaspersky Lab, commented: “Gauss bears striking resemblances to Flame, such as its design and code base, which enabled us to discover the malicious program. Similar to Flame and Duqu, Gauss is a complex cyber-espionage toolkit, with its design emphasizing stealth and secrecy; however, its purpose was different to Flame or Duqu. Gauss targets multiple users in select countries to steal large amounts of data, with a specific focus on banking and financial information.”
At the present time, the Gauss Trojan is successfully detected, blocked and remediated by Kaspersky Lab’s products, classified as Trojan-Spy.Win32.Gauss.
The company’s experts have published in-depth analysis of the malware at Securelist.com:http://www.securelist.com/en/analysis/204792238/Gauss_Abnormal_Distribution
A Gauss FAQ containing the essential information about the threat is also availablehttp://www.securelist.com/en/blog?weblogid=208193767
Stay tuned for updates by following our Facebook pagehttps://www.facebook.com/Kaspersky?ref=ts
About Kaspersky Lab
Kaspersky Lab is the world’s largest privately held vendor of endpoint protection solutions. The company is ranked among the world’s top four vendors of security solutions for endpoint users*. Throughout its 15-year history Kaspersky Lab has remained an innovator in IT security and provides effective digital security solutions for consumers, SMBs and Enterprises. The company currently operates in almost 200 countries and territories across the globe, providing protection for over 300 million users worldwide. Learn more at www.kaspersky.com.
*The company was rated fourth in the IDC rating Worldwide Endpoint Security Revenue by Vendor, 2010. The rating was published in the IDC report Worldwide IT Security Products 2011-2015 Forecast and 2010 Vendor Shares – December 2011. The report ranked software vendors according to earnings from sales of endpoint security solutions in 2010.
For the latest in-depth information on security threat issues and trends, please visit http://www.securelist.com/. Follow @Securelist on Twitter. For the most up-to-date world security news, visit http://www.threatpost.com/.

45 "Mobile Payment" Stories for August 9th, 2012

News26 new results for "Mobile Payment"
Starbucks puts Square in Round Cup

Forrester: Square, Starbucks Promise 'Compelling' Mobile Payment Experience
Image representing Jack Dorsey as depicted in ...
Image via CrunchBase

Wall Street Journal (blog)

Today's partnership between Starbucks and mobile payments start-up Square marks a milestone in the move toward digital wallet mass adoption. With the deal, Starbucks patrons will be able to pay for in-store purchases with a Square smartphone app linked ...


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Starbucks teams up with mobile payment Square
Washington Post
Aug. 8, 2012 - One of the most talked-about new tech companies, Square, is teaming with coffee giant Starbucks. Jack Dorsey, Square's co-founder and CEO, and Starbucks CEO Howard Schultz speak about the project. (/Photo: Reuters) Correction: ...
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Here's How Mobile Payment App Square Will Process Your Bucks at Starbucks
All Things Digital
Here's How Mobile Payment App Square Will Process Your Bucks at Starbucks. August 8, 2012 at 10:55 am PT. Tweet. Share. Print. Earlier today, buzzy mobile payments start-up Square announced a partnership with Starbucks to process credit card ...
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All Things Digital
Consumers approve of Starbucks' mobile payment deal with Square
Los Angeles Times
The new deal between Starbucks and Square, in which 7000 U.S. coffee shops will start using mobile payment systems this fall, has analysts and consumers alike positively giddy. Patrons will use the start-up's Pay with Square app, which allows ...
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VeriFone Falls After Starbucks-Square Mobile-Payment Deal
Businessweek
Square will process Starbucks credit and debit card transactions in the U.S. and provide a mobile payment application for Starbucks customers. The Seattle-based coffee chain will invest $25 million in the startup, and Starbucks Chief Executive Officer ...
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Vantiv Launches Mobile Accept Application
Equities.com
9, 2012 /PRNewswire/ -- Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, announces the introduction of its new mobile payment app Vantiv ...
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PDC4U Introduces Android App for Mobile Sales Forces, Supplementing Their ...
Virtual-Strategy Magazine
PDC4U, one of the leading companies that enhance Revenue Cycle Management and Accounts Receivable Management launches an Android Mobile Payment App for Sales Forces. The App is in conjunction with PDC4U's core, cloud based Cash ...
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Starbucks Invests $25 Million in Mobile Payment Company Square
Slate
Starbucks Invests $25 Million in Mobile Payment Company Square. slatester. Subscribe Subscribed Unsubscribe. Loading... 1285 videos. Loading... Alert icon. You need Adobe Flash Player to watch this video. Download it from Adobe. Alert icon. Close ...
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5 Things To Know About Contactless Payment
Blogger News Network (blog)
Similar Posts: Are Contactless Payment Methods Secure? Mobile Payment is Coming · Mobile Payment Set to Dramatically Increase · Mobile Payment Update: Who Will Take the Lead This Summer? Standards Will Bring Mobile Payment ...
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Smartphone wallets: Starbucks bets big on mobile payment trend
Alaska Dispatch
The increasingly popular mobile payment service and company Square has teamed up with Starbucks, signifying another shift toward what pundits have deemed the "mobile wallet." The partnership will allow customers to use Pay With Square, an iPhone and ...
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Alaska Dispatch
Goodbye Cash: Starbucks Partners With Mobile Payment App "Square"
Gothamist
... and Financial Inclusion at the University of California, Irvine tells the Times that "if a big merchant jumping into some mobile payment solution signals to other merchants that there is an opportunity here, that might change the psychology for ...
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Gothamist
Starbucks begins alliance with mobile payment startup Square Inc.
Calgary Herald
SAN FRANCISCO - Starbucks Corp plans to switch its processing of debit and credit card payments to mobile payments start-up Square Inc, the two companies said Tuesday, in a deal will help establish two-year-old Square as a bona fide player in the ...
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Starbucks, Square Partner For Mobile Payments
InformationWeek
In a deal that could help accelerate the shift from cash to electronic payments for everyday purchases in the U.S., Starbucks Coffee Company on Wednesday said it has begun working with mobile payment technology company Square to process credit and ...
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Are Apple & Google Going After Square?
Forbes
Starbucks invested $25 million into Square, and the mobile payment company will begin processing credit and debit transactions at 7000 Starbucks locations in the United States starting this fall. Forbes contributor, Peter Cohan, pondered whether this ...
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The Starbucks-Square Deal: Visionary or Risky?
New York Times (blog)
The mobile wallet just became more hip with the news that Starbucks has teamed up with Square, the mobile payment start-up. Beginning this fall, you'll be able to pay for a cup of joe at Starbucks by showing a Square barcode on your smartphone to a ...
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Samsung Galaxy S3 mobile payments go live at Olympics 2012: Photos
ZDNet
The London 2012 Olympics are being used to trial mobile payments — with a version of the Samsung Galaxy S3 running Visa's mobile-payment application, Visa payWave, given to 850 people, including a number of athletes. The trial participants can use the ...
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ZDNet
westpac launches new mobile payment system
Mozo.com.au
Although the launch of Westpac's new mobile payment system has the potential to be a landmark moment in the history of Australia's banking sector, it will come as little surprise to most people across the country. Financial experts have been predicting ...
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Starbucks partnership with Silicon Valley's Square is a 'game changer' for ...
Marin Independent-Journal
Square, a mobile payment platform, is shown in use with a smartphone in this undated publicity photograph. Starbucks Corp plans to switch its processing of debit and credit card payments to mobile payments start-up Square Inc, the two companies said ...
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Starbucks to Accept Square Mobile Payments
IGN
Starbucks announced today that it's partnering with mobile payment firm Square to begin accepting your mobile payments in exchange for coffee. Pay With Square is a smartphone app (iOS and Android) that allows users to register their likeness and ...
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TapBase Introduces TapPay and TapWallet Mobile Applications for the iPhone
Virtual-Strategy Magazine
"Although there are a number of mobile payment solutions now available in the marketplace, our system mitigates some of the risks inherent in performing payment transactions away from the traditional bricks-and-mortar retail store. For example, a ...
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Square and Starbucks to form mobile payment partnership
Mobile Payments Today
Square and Starbucks to form mobile payment partnership. Tags: Mobile/Virtual Wallet, POS, Restaurants. August 8, 2012 - James Wester. Square and Starbucks to form mobile payment partnership. Starbucks is not just giving a jolt of energy to its ...
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Starbucks aims to take Square, digital payments mainstream
CNET
With Starbucks, Square has a large and visible pulpit from which to tout its fledgling "pay with Square" mobile payment service. Best known for its small mag-stripe reader and ability to quickly handle transactions for small businesses, the company is ...
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Starbucks gives Square a shot of success
CBS News
(MoneyWatch) COMMENTARY Starbucks (SBUX) just gave mobile payment vendor Square a triple shot of success by adopting the company's platform for smartphone payments in its stores. That has implications in the nascent mobile payment industry, ...
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CBS News
Starbucks Accelerates Mobile Payments Leadership by Choosing Square for ...
VendingMarketWatch
Starbucks Coffee Co., with its leading mobile payment platform, and Square, provider of a point-of-sale system for businesses to accept payments, track inventory, and share menu and location information, announced a broad innovative partnership to ...
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Starbucks embraces mobile payments with start-up Square
Firstpost
LOWER PROCESSING FEES. Starbucks has been a successful early adopter of technology ranging from mobile payment options to social media marketing tools such as Facebook Inc (FB.O) and Twitter. In early 2011, it released a mobile phone app that lets ...
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Firstpost
Starbucks Squares Up
E-Commerce Times
Coffee megamerchant Starbucks has struck a deal with Square to honor the mobile payment provider's system in its stores. Starbucks customers will be able to use Square's payer app, Pay With Square, at the coffee company's stores this fall. They'll also ...
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Blogs10 new results for "Mobile Payment"
Starbucks Invests $25 Million in Mobile-Payment Provider Square ...
Starbucks Corp., the largest coffee-shop chain, will use Square Inc.'s payment system in 7000 stores and invest $25 million in the startup.
Advertising Age - Latest News
Starbucks in mobile payment deal with Square | FOX13Now.com ...
By Meredith Forrest Kulwicki
NEW YORK (CNNMoney) -- Starbucks Coffee Co. has signed on with Square Inc. to process its credit and debit card purchases, the coffee shop franchiser said Wednesday.As part of the deal, Starbucks pledged to invest $25 million in Square, ...
FOX13Now.com – Salt Lake City,...
Starbucks in mobile payment deal with Square | WTVR.com - WTVR 6
By Raymond Hawkes
By the fall, customers will be able to use the Pay with Square mobile application to purchase their cappuccinos and lattes.
WTVR.com – Richmond News &...
Square and Starbucks will move mobile U.S. payments
By Avivah Litan
This announcement is significant – we finally have a killer app for a mobile wallet and we finally have strong mobile payment competitors taking on the legacy credit card payment networks. Just what free market competition is supposed to ...
Gartner Blog Network
Square partners with Starbucks, gets $25M in funding, major ...
By Kathleen De Vere
... consumers to pay directly from their mobile phones, Square still benefits — the company's Square Directory (a listing of local businesses that also accept Square payments) will eventually be integrated into the Starbucks mobile payment app ...
Inside Mobile Apps
Starbucks and Square team up to offer mobile payments | FP Tech ...
Square, a mobile payment platform, is shown in use with a smartphone. The alliance comes as Square faces increasingly stiff competition from rivals such as eBay Inc and Intuit Inc as everyone rushes to offer mobile payment processing tools.
FP Top Stories List
Square, Starbucks Team Up To Make Mobile Payments Even Easier
By Kim LaCapria
... Payments Even Easier. Posted: August 8, 2012. starbucks square mobile payments. Credit-card mobile payment processing service Square is getting in bed with Starbucks, already a leader in the space of accepting mobile payments.
The Inquisitr
Square Partners with Starbucks to Bring Innovative Mobile ...
By Matt Cameron
Mobile payment system Square and retail coffee giant Starbucks Coffee partner to bring Square's innovative mobile payment system to Starbucks Retail stores. This is a huge boost for Square as Starbucks boasts lots of retail locations and ...
BlackBerry Cool
Starbucks and Square: Here's Our Digital Wallet Strategy | Wall St ...
By info@wallstcheatsheet.com (Damien Hoffman)
Already leading the mobile payment charge with its own app, Starbucks (NASDAQ:SBUX) is teaming up with mobile payment processor Square in 7000 stores to see if it can make our dreams of effortless latte-acquisition a reality. Square was ...
Wall St. Cheat Sheet
FAQ on the Starbucks-Square deal | VentureBeat
By Rocky Agrawal
ZH: Starbucks will continue to offer customers its own mobile payment applications, enhanced with My Starbucks Rewards benefits. However, for current customers using Pay with Square, this opens up a new way to pay at Starbucks.
VentureBeat

Web9 new results for "Mobile Payment"
Cash Out? Starbucks, Square in Mobile Payment Deal
Square will begin processing credit and debit payments at 7000 Starbucks locations this fall.
www.newsy.com/.../cash-out-starbucks-square-in-mobile-pay...
Mobile Payment Startup Square Is Going To Be - Business Insider
Jack Dorsey's mobile payments startup, Square, landed a monster deal. It's getting a $25 ...
www.businessinsider.com/starbucks-invests-25-million-in-squa...
Starbucks Approached Square After Rejecting Every Other Mobile ...
Just when the mobile payment wars were heating up, Square dropped an A- bomb on the competition. Last night the payment processing startup, previously ...
pandodaily.com/.../starbucks-approached-square-after-rejectin...
Starbucks CEO and Square CEO on Mobile Payment Deal
Starbucks CEO Howard Schultz and Square co-founder Jack Dorsey on the deal that will allow ...
video.foxbusiness.com/.../starbucks-ceo-and-square-ceo-on-m...
Online and Mobile Payment Startups - Quora
Aggregates company topics in the Online and Mobile Payments category.
www.quora.com/Online-and-Mobile-Payment-Startups
Starbucks in mobile payment deal with Square | Money - KSBW Home
Starbucks Coffee Co. has signed on with Square Inc. to process its credit and debit card purchases, the coffee shop franchiser said Wednesday. As part of the ...
www.ksbw.com/news/money/Starbucks.../-/index.html
The Next Big Moneymaker in Mobile Payment? (GPN, HPY, MA ...
The following video is from today's MarketFoolery podcast, in which host Chris Hill, along with Alex Scherer, Jason Moser, and Joe Magyer, discuss the latest ...
www.fool.com/.../the-next-big-moneymaker-in-mobile-payme...
Starbucks expands mobile payment application | PEER 1 Hosting
Mobile computing has given more power to consumers by allowing potential customers to research brands from anywhere, but companies can also use mobility ...
www.peer1.com/.../starbucks-expands-mobile-payment-applic...
TmoNews | Tag Archive | isis mobile payment
It's been some time since we've heard anything about ISIS, T-Mobile's mobile payment system with AT&T and Verizon. That's all about to change as we're ...
www.tmonews.com/tag/isis-mobile-payment/



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