Venmo, a mobile payment app popular among college students and recent grads, has security holes “you could drive a truck through,” according to an article posted on Slate this week. The report… Read more »
For the first time, someone outside the U.S. will be able to use a Google Wallet to do something more than buy Android apps and content. Starting on Thursday, Google is… Read more »
Social payments app Venmo has added a few new features that make it easier to set up your account as well as pay with a thumb tap if you happen to… Read more »
The mobile payment sector is evolving quickly and chaotically, with incumbents and startups competing for not only market share but also the ability to establish the business’ rules and technological standards. Read more »
Evenly, a maker of a bill-splitting app, is Square’s second acqui-hire in as many weeks. Evenly is shutting down its app and taking up residence on Square’s seller initiatives development team. Read more »
PayPal is close to finalizing a deal to acquire e-commerce engine Braintree, according to the Wall Street Journal. Braintree occupies the increasingly lucrative middle ground between small business payments and large… Read more »
Braintree’s cross-app payment service Venmo Touch will now be pre-integrated into Simple’s mobile app, eliminating the final logistical step in moving money from a bank account to an online merchant’s hands. Read more »
Sprint has big plans for its digital wallet. It wants to become a “virtual bank” for customers who don’t have checking accounts and a supplemental financial service for those that do. Read more »
Square has launched an under-the-radar payments service that lets customers transfer cash through email. It’s certainly not a new concept, but it’s another tool in Square’s arsenal as it delves deeper… Read more »