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New player joins mobile payment ranks
Another company is offering in-app mobile purchase functionality, but this time it’s not a retailer or a technology provider.
U.S. bank Capital One is partnering with MasterCard and Visa to offer contactless mobile payment capability in its Capital One Wallet app. Leveraging the MasterCard Digital Enablement Service (MDES) and Visa Token Service (VTS) platforms, Capital One will use NFC-enabled Android phones to transmit a secure payment token to the point-of-sale.
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8 companies inventing the future of retail
Eight start-up companies comprising the inaugural class of the newly formed XRC Labs accelerator are looking to have a big impact on the retail industry.
New York-based XRC Labs unveiled the inaugural class of start-up companies participating in its 10-week accelerator program Tuesday evening, Oct. 13 at an event near its headquarters at the Parsons Schools of Design.

