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The PayPal Recipe

PYMNTS

From choosing the right partnerships to managing security and hacker threats, the company has, so far, managed to repel any incoming fire. These discussions are important because Apple, already with a popular mobile wallet, is about to roll out online payments, which is in direct competition with PayPal.

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Waze Introduces Contactless Payments At ExxonMobil, Shell Stations

PYMNTS

When drivers pull into participating stations, they will see a notification on Waze prompting their Android or iOS device to securely pay through each company’s app. country manager, in a statement. Google, the world’s dominant online search engine, has faced growing regulatory scrutiny in recent years.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

The startup, which was established in 2008, privately raised $185 million before its $100 million initial public offering was blocked by the Australian Securities Exchange last year. So its secured lender, which [founder Scott] Jones didn’t name, recently emptied ChaCha’s bank accounts. via MDDI Online.

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Lawmakers Eye Increased Libra Oversight

PYMNTS

Sylvia Garcia, Democrat of Texas, and Lance Gooden, Republican of Texas, introduced a bill that would put the would-be crypto under the oversight of the Securities and Exchange Commission (SEC). Managed stablecoins, such as the proposed Libra, are clearly securities under existing law,” Garcia said in a statement last week.