Payments

Why did Vivotech Fail? NFC posterchild sell off

Vivotech was founded in 2001 by Mohammad Khan who had earlier worked for Verifone to help them develop their payment automation systems from 1983 to 1998. He also co-founded Verifone’s Internet Commerce Division.The company had raised $96 Mn through investors including SingTel Innov8, Singapore’s EDBI, Motorola Solutions Venture Capital, Citi...

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Payments

Aquiline selling Clear2Pay? Deja vu Infosys deal

The Private Equity Firm Aquiline Holdings LLC is exploring the sale of its Belgian financial services provider (could be partly) – Clear2Pay – according to a report from Reuters. However, the Firm has yet to hire a bank to oversee the sale. Clear2Pay was founded in 2001 by Michael Akkermans...

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Payments

Host Card Emulation: NFC's Tale of Redemption

When I wrote about Host Card Emulation back in March, it provoked much debate around whether this capability will die on the cutting floor or be meaningfully integrated in to a future Android iteration. And now that it has, this post is an attempt to look forward, even though much of it...

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