Verizon Wireless wants to enable the NFC market

Verizon Wireless has plans to help developers, startups and other companies make the most of Near Field Communications to enable mobile payments as well as other applications.

Verizon Wireless’s executive director of new technology development, Humphrey Chen, took the stage …

Square COO Keith Rabois on creating an affinity brand for payments

How can a mere mobile payments startup like Square become a beloved brand like Apple or Porsche? According to COO Keith Rabois, it’s by making payments far less frustrating for both consumers and merchants.

Rabois kicked off our MobileBeat 2011 …

Quora explains why Bitcoins are a bad idea

Investing in and using Bitcoins, a digital currency that can be transferred directly from person to person through the Internet, is a particularly bad idea because it is unstable and is being used as a speculative vehicle. That’s the consensus …

Five payment trends to watch in 2011

2010 dramatically changed how we think about how people and businesses exchange money. We saw ecommerce continue to grow and we saw emerging channels take flight with consumers and merchants of all sizes.

As great as last year was for …