Apple Wins iWallet Patent

    June 12, 2013

    Recently, the U.S. Patent and Trademark Office granted Apple Inc. a number of patents including one for an iWallet, according to Patently Apple, a blog covering Apple's Intellectual Property. The iWallet allows control of multiple accounts via iTunes "Mobile Pay" Service. Accounts can be viewed and potentially accessed via the iPhone. Full article.

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    Source: www.google.com/wallet
    Figure One: Schematic Operation of Google Wallet
    June 11, 2013
    Google Wallet is losing money, in part because consumers haven’t embraced the mobile wallet as much as Google had hoped, according to Bloomberg Businessweek. Google Wallet, which...