CNP Headlines

Coles launches mobile wallet

ZDNet - Tuesday, 15 July 2014 Australian grocery retail giant, Coles, today announced the launch of its mobile wallet, combining a new smartphone app for iPhone and Android, near-field communications (NFC) sticker for contactless payment, and the integration of its existing Coles MasterCard.

This Could Be Apple’s Biggest Innovation Since the iPhone

Time - Tuesday, 15 July 2014 pple CEO Tim Cook offered a vision of the company’s future – to anyone reading between the lines. “We have almost 800 million iTunes accounts and the majority of those have credit cards behind them,” Cook said in a quarterly conference call with analysts. “We already have people using Touch ID [Apple’s fingerprint reader] to buy things across our store, so it’s an area of interest to us.”

PayPal puts India on hold

ZDNet - Tuesday, 15 July 2014 The main reason for PayPal's reticence is because of regulations mandated by the ultimate governing body that presides over financial matters in India, the Reserve Bank of India, which looks at PayPal as a quasi financial body.