AT&T chief unsure of Google’s intention for mobile market

Ralph de la Vega, president and CEO of AT&T Mobile and Business Solutions, is undecided as to whether Google’s Project Fi will be a full-blooded rival, or just an innovation model, the executive told Forbes. “It isn’t obvious to us whether this is …

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CurrentC lines up mid-2015 launch

CurrentC, the mobile payment platform backed by leading retailers such as Walmart and Target, is set for a US debut in the next few months, according to PC World. If the platform, which has been developed by the retailer-backed consortium …

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Google moves to counter Apple Pay with Softcard buy

Google today struck a distribution deal with the three US operators behind rival NFC-based payment provider Softcard, as it attempts to revive its own struggling Wallet service. And the search giant acquired some technology and IP from Softcard for an …

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Google linked to $50M-100M Softcard buy

Google is in talks to buy rival US NFC-based mobile payment provider Softcard, according to Techcrunch. Neither Google Wallet nor the competitive service offered by Softcard, which is owned by Verizon Wireless, AT&T and T-Mobile US, has made a substantial …

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Softcard lays off 60 employees

Softcard, the US mobile payments venture backed by AT&T, T-Mobile US and Verizon Wireless, has laid off 60 employees “to reduce costs and strengthen its business,” Recode.net has reported. In a statement, the company formerly known as Isis, said it …

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