Tag - Google Wallet
Technology industry leaders Amazon, Apple, Google, Intuit and PayPal today announced the formation of Financial Innovation Now. The new Washington DC lobbyist super-group is a coalition that will promote tech-company friendly policies to help foster greater innovation in financial services, as well as claiming to assist consumers in the transition to new payment services like Apple Pay, Samsung Pay, and Google Wallet.
Google has taken a step to protect the users of Google Wallet, by making funds stored on their accounts FDIC-insured. Confirmed to Yahoo Finance, Google is now storing funds of its users in multiple banking institutions that are protected by the Federal Deposit Insurance Corporation, safeguarding account balances in the event the company or bank shuts down.
Softcard, the mobile payments service backed by carriers AT&T, Verizon Wireless, and T-Mobile, will be closing completely by the end of this month. The company revealed that, following the purchase of its intellectual property and technology by Google, the Softcard app will cease working on March 31, with accounts automatically closing on the same date.
Google will be launching a new payments API at its Google I/O developer conference in May, a report claims, potentially giving Apple Pay some stiff competition. Android Pay will allow developers to not only add mobile payments to their apps, but to also facilitate in-store purchases via smartphone over NFC. The news comes as Softcard reveals it is starting to pull support for its apps, following the purchase of its intellectual property by the search company.
Google is preparing to compete more intensely against Apple Pay, by acquiring mobile payments technology from Softcard. At the same time, Google has struck a deal with AT&T, T-Mobile, and Verizon Wireless to have Google Wallet pre-installed on sold devices, the same group of carriers who backed the Softcard payments system in the first place.
Google is adding the Send Money option to Gmail in the United Kingdom. Originally available to US users since 2013, the option allows users to attach funds to an outbound email by selecting the £ symbol, which can also be used to request money, with funds transferred between users via Google Wallet. The feature is rolling out to all Gmail users in the UK over the age of 18 in the coming weeks.
Softcard, a mobile payments system that preceded but competes against systems such as Apple Pay and Google Wallet, was created as a joint venture with investments by mobile carriers AT&T, Verizon, and T-Mobile. In the midst of Apple implementing near-field communications (NFC) for Apple Pay, along with internal struggles at Softcard, reports are surfacing that the mobile payment company is being sized up for purchase, potentially by one of its rivals.
Call it the omni-terminal: point-of-sale terminal maker Verifone has unveiled a new model, the PAYware Mobile e355, which the company says is compatible with all forms of mobile and traditional card payments, from simple magnetic stripe (currently widely used in the US) to chip-and-PIN EMV cards coming this year, and all forms of NFC-based payment systems utilizing iOS, Android or Windows Phone -- including Apple Pay, Google Wallet, Softcard and others.
Mujjo has introduced its Leather Wallet Case line-up for iPhone 6 and iPhone 6 Plus in gray, as part of its Desaturated Collection. The wallet case is designed to hold two to three essential cards without sacrificing a thin profile. The case is available in two styles for iPhone 6 -- one with the card slot angled upright and the other with an 80 degree angle pocket -- and the 80 degree angle pocket case is available for iPhone 6 Plus. Pricing for the Desaturated Collection begins at $40, and cases can be purchased through Mujjo.
The COO for MCX, Scott Rankin, has spoken to USA Today in an attempt to defend CurrentC, an upcoming mobile payment system that has taken flak for various policies, such as excluding Apple Pay and Google Wallet (and other NFC-based payment systems) at participating retail chains. He has said, in his trademark unclear manner, that the length of exclusivity is "closer to months than years," which suggests that some retailers signed on for CurrentC -- such as CVS and Rite Aid -- could begin accepting rival payment options by the end of 2015 or 2016.
Now AAPL Stock: 100.35 ( -0.06 )
Trade-up program expands in Europe
Smartphone users in France, Italy, and Spain will have until at least August of this year to trade in old iPhone, Windows Phone, or Android models at Apple Stores, and put the reward towards a new iPhone -- thanks to an expansion of Apple's trade-in program into those countries. The money given for the trade-in must be applied towards a new iPhone on a two-year payment plane, and traders must qualify under a credit check as part of the program. Interested customers can apply for the trade-in at their nearest Apple Store. http://bit.ly/1qPsldD
NBCUniversal adds Bravo, Syfy, E! to Apple TV
NBCUniversal has launched three new apps channels for Apple TV users. Bravo Now, Syfy Now and E! Now brings users access full seasons of current and past episodes of most of NBCUniversal's catalog. The Bravo Now app includes shows like "The Real Housewives of New York Cit," "Below Deck Mediterranean," comedy "Odd Mom Out" and "Top Chef." The Syfy Now app offers up shows like "The Magicians," thriller "12 Monkeys" and the reality show "Face Off." The E! Now app serves up shows like "Keeping Up with the Kardashians," "Botched," "#RichKids of Beverly Hills," Caitlyn Jenner's "I Am Cait," and "WAGS." While some content is free, most content requires users to authenticate via their cable satellite or telco TV provider. http://bit.ly/20K4Pea
Apple rolls out Arabic version of Apple.com
Apple has rolled out a new version of its Apple.com website for Arabic language users in the United Arab Emirates. The site utilizes a right-to-left reading format where it has been updated, although the upgrade is still in progress with a number of page links still in the original English language left-to-right format. Of particular note is that the site debuts an all-new custom Arabic font created by the Tarek Atrissi Design agency, giving it a highly contemporary look and feel. The new support for Arabic on its host website follows the introduction of full support for right-to-left languages in iOS 9, and the addition of Arabic support to Siri late last year. http://apple.co/20JHGIM
Adobe previews Photoshop content-aware crop
Adobe has previewed a new 'content-aware crop' feature from the next version of its Photoshop CC. The new feature is similar to its 'content-aware fill' from the current version of Photoshop CC, and potentially saves users time when cropping photos in a way that might otherwise leave blank white space in the frame. Adobe's 'content-aware' tech automatically assesses the blank space and seamlessly fills the blank space with the nearest related content in the space when a photo is expanded or rotated without the need to manually clone that part of the image. The feature allows users to move a horizon by adding more sky or ground, change the aspect ratio by adding content around the edges of the image and fill in the corners of an image when rotated during a crop. Adobe says the feature is coming soon and will be automatically available to Creative Cloud subscribers. http://adobe.ly/20JDFEu
Markzware updates Q2ID for QuarkXPress 12 files
Graphic design file conversion tool maker Markzware has launched a new version of its Q2ID tool. The InDesign plugin enables users to open QuarkXPress files within a new InDesign (INDD) document, without rebuilding the QXP document from scratch -- the new version includes support for QuarkXPress 12 files. Q2ID Subscription members can download the new version as part of their annual plan. A single-user can purchase the plugin for $200, with other licensing options available. http://bit.ly/1Z4dS9t
PopChar X 7.5 arrives
Ergonis Software has released PopChar X 7.5, an improved version of the company's tool for finding and inserting special characters and exploring fonts. PopChar X 7.5 adds support for combined emojis in the Apple Color Emoji font, enhances the "Font Info" view, and adds many further enhancements that improve overall speed and stability. PopChar X 7.5 retails for €30 ($34), and is free for anyone who owns a license for PopChar X 7 or purchased a license for PopChar X 6 on or after March 1, 2014 [4.5MB]
Safari Technology Preview release 5 arrives