Oberthur to Buy Mobile Financial Services Firm
Oberthur today announced that is has agreed to acquire MoreMagic for an undisclosed sum. MoreMagic's chief product is called Mobile Money, which offers people the ability to make mobile payments, send money to others, as well as receive money on their mobile device. It targets both developed and developing regions. Oberthur, which makes smart card technology found in SIM cards, said that once the acquisition is complete, it will be able to offer a wide range of mobile financial services, including payment and money transfers and NFC-based transactions, to its customers.
Mar 12, 2018
Apple today said it has agreed to acquire Texture, a digital magazine subscription service, for an undisclosed sum. According to Apple, Texture powers the digital experience of some 200 magazines on mobile devices.
Nov 29, 2018
T-Mobile has rolled out a digital banking service called T-Mobile Money. T-Mobile says T-Mobile Money is available to T-Mobile customers as well as non-customers.
Jun 21, 2016
Microsoft today updated its Microsoft Wallet app and gave Lumia smartphone owners the ability to make mobile payments at supporting retailers. Windows Mobile has long included a Wallet app, but until today it was reserved for loyalty cards and other retail programs.
Jul 15, 2016
Android owners will soon be able to use their own mobile banking app — rather than Android Pay or Samsung Pay — to make tap-and-go payments in stores. Mastercard has expanded its Masterpass program to mobile devices so consumers can make contactless payments at various retailers.
May 1, 2017
Motorola Solutions today said it has agreed to acquire Kodiak Networks for an undisclosed sum. Motorola Solutions is the not the Lenovo-owned company behind Motorola smartphones; rather, Motorola Solutions is a separate corporation that handles first-responder and push-to-talk hardware, and wireless networking equipment.