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Say Bye-Bye To MCX CurrentC

PYMNTS

Today, the mobile payments field has been reduced by one. A statement released by MCX CEO Brian Mooney late yesterday (May 16), via their PR rep, said that MCX and its CurrentC mobile payments product is folding its tent. But not enough apparently to continue to fund and ignite the ill-fated mobile payments scheme.

Mobile 105
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Hard Knocks Edition: MCX, EMV And Square

PYMNTS

A statement released by MCX CEO Brian Mooney on May 16, via a PR rep, said that MCX is delaying a nationwide rollout of its CurrentC mobile payments product. As MCX has said many times, the mobile payments space is just beginning to take shape; it is early in a long game. Rumored calls for capital were rebuffed.

Software 109
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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

Though Amazon Go was initially advertised to the world as a cash-free, cashierless convenience store where payments are powered entirely by mobile, reports this week indicated that cash may have a home in its Go stores after all. 1: Embracing Failure — and Encouraging Fair Payment Practices. The Drama Pt.

Taxes 100
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The 31 European Unicorns Ranked By Valuation

CB Insights

Select Investors: DST Global, DN Capital, SoftBank Group. Company Description: Based in Sweden, Klarna provides online payment solutions. Select Investors: Institutional Venture Partners, Sequoia Capital, General Atlantic. Select Investors: Rhone Capital. Select Investors: Index Ventures, DST Global, Ribbit Capital.

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