Velocity, a lifestyle app enabling restaurant diners to pay and earn rewards right from their mobile devices, secured one of the largest Series A funding rounds Sourced through Scoop.it from: http://www.pymnts.com

EBay UK’s promotional campaign that launched on June 15 backfired after its 20 percent off coupon redemption code failed to work, reports EcommerceBytes, which Sourced through Scoop.it from: http://www.pymnts.com

An important predictor that helps retailers project just how much consumers are willing to spend is tracking how confident they are in the state of the economy. Sourced through Scoop.it from: http://www.pymnts.com

As more and more consumers stay connected to their smartphones, a Bank of America survey shows the same addiction seems to be translating to mobile banking. Sourced through Scoop.it from: http://www.pymnts.com

How much is Google messing with search results? A lot, claims Tim Wu, a legal scholar and former FTC adviser. In a 46-page, Yelp-funded study, Wu and coauthor Sourced through Scoop.it from: http://www.pymnts.com

The combination of unlocking tracking data and implementing test campaigns has positioned social media channel Pinterest to increase its mobile app downloads by Sourced through Scoop.it from: http://www.pymnts.com

Global digital commerce giant Amazon has been stepping up its game in the B2B services sector. The company recently launched a revamped version of its B2B Sourced through Scoop.it from: http://www.pymnts.com

A growing number of Singapore merchants are now allowing payments via smartphones, as banks and telecom firms roll out more solutions to facilitate mobile payments.  Sourced through Scoop.it from: http://www.channelnewsasia.com

Company’s plan is to enable financial institutions to provide secure digital payments no matter what device or mobile wallet the consumer selects. Sourced through Scoop.it from: http://www.mobilepaymentstoday.com

Mobile wallets are making headlines these days. Paytm and Mobikwik, both of which offer semi-closed wallets, are the leading players in the sector. Telecom Sourced through Scoop.it from: yourstory.com