21 August 2014

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Google Wallet is not coming to Australia anytime soon, with the company's boss in the country declaring she has "more exciting" things to concentrate on.

Package delivery giant UPS has become the latest company to admit that customer payment card details may be at risk after it discovered malware at 51 of its US stores.

With Amazon threatening to eat its lunch and rumours swirling about a lack of strategy and profits, Square has gone on the defensive with a blog post explaining why "myths" about Jack Dorsey's baby are "totally bogus".

SumUp

Life.Sreda leads SumUp funding round

15 August 2014  |  0

European mPOS contender SumUp has closed a "double digit million dollar" series c financing round led by Russian fintech venture capital fund Life.Sreda.

The UK Payments Council has brought in Barclays veteran Maurice Cleaves as interim CEO to guide the body as it prepares for a change of direction ahead of the introduction of a new payments regulator.

US supermarket chain Supervalu has become the latest retailer to admit that it has been hacked and that customer card data may have been stolen.

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