It’s official. Google has acquired “some exciting technology and intellectual property” from Softcard, the carrier-owned mobile payment system that for years, was the reason Google Wallet couldn’t exist on your Android phone. Oh how the times have changed.
Thanks to this acquisition of tech, along with a new partnership through Softcard’s founders (Verizon, AT&T, and T-Mobile), Google Wallet will now come pre-installed on Android phones sold by these carriers later this year. Google didn’t specify if this meant all Android phones moving forward or not, but I would imagine that is the case. Google did note that phones will need to run KitKat or higher. (more…)
You remember Isis Mobile Wallet don’t you? That would be the mobile payment system that carriers – specifically, Verizon, AT&T, and T-Mobile – created to be the only payment system you would need on your phone. That would also be the payment system that carriers used as reason to help block, but not admit-to-blocking, while still blocking because it was “different,” Google Wallet, for years while they took their sweet time getting Isis ready. And let’s not forget that the service has already been renamed to Softcard because of the growing entity known for terrorism that the original name matched. All caught up on Softcard and Isis?
According to a late Friday report out of TechCrunch, the payment system has been a massive failure to this point and is now in talks with Google to potentially be acquired. (more…)
Industry trade shows like IFA have a tendency of burying less bombastic news. For that reason, you may not have heard that the carrier-formed payment collective, formerly referred to as Isis, has undergone a rebranding, and will henceforth be known as Softcard. (more…)
Michael Abbott, CEO of ISIS, announced today that the company will be changing its name and branding, due to the rise in media coverage of a militant group whose name, when translated to English is Islamic State of Iraq and Syria, ends up with the acronym of “ISIS.”
This group is responsible for much suffering in certain parts of the world, so in an attempt to distance his company’s brand from any type of relation, they have decided a major change was necessary. (more…)
What’s that? You thought Download Booster was the only feature that a U.S. carrier would remove from the brand new Samsung Galaxy S5? Silly, you. I’d imagine Download Booster is only the first of many. After spending only a few minutes with the Verizon variant of the GS5, we have already discovered that Big Red has pulled Paypal payments authorized with your fingerprint, another of the major features promoted by Samsung for their 2014 flagship. It was also announced this morning by Paypal. (more…)
When Google introduced Host Card Emulation (HCE) with Kit Kat back in November, some of us looked at the move as them flipping the bird to Verizon, AT&T, and T-Mobile, along with their Isis Mobile Wallet application. For over a year, companies like Verizon refused to allow Google Wallet to work on their phones, denying that it had anything to do with their investment in Isis and everything to do with the app trying to access a phone’s Secure Element (SE). With HCE and Kit Kat, that need to access a Secure Element was removed, meaning there was no longer a way for mobile payment services to be blocked. HCE quickly became the future of mobile payments, something MasterCard and Visa are now fully behind. (more…)
Isis Mobile Wallet users can now add Wells Fargo credit cards to the NFC-powered payment application, which has been growing steadily in support for various card providers. The last card to receive support was the American Express Serve card, which took place just last month. The service is still unavailable to Visa users and other banks, but with the addition of Wells Fargo, this is certainly a step in the right direction.
Isis Mobile Wallet – the joint venture mobile payment system of AT&T, Verizon, and T-Mobile – hasn’t exactly won over our hearts since its official launch earlier this month. With limited card support, we aren’t finding a way to even get started with the service. Since Isis only supports Chase and American Express cards, adding your everyday bank card or Visa isn’t possible at the moment. Well, it sort of is now, in a round-about way. (more…)