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Posts Tagged: "Softcard"

Google acquires Softcard, setting up mobile payment showdown with Apple

Softcard’s patents and their ability to protect Google Wallet against any potential legal challenges from Apple may be a much more important aspect of the acquisition than Softcard itself, which had struggled financially and laid off workers in the weeks leading up to Google’s purchase. There are many reasons for Softcard’s woes, including a need to rebrand the company after its original name, Isis, was co-opted by the Middle Eastern terrorist organization.