Philippe Matthews Show Guru Advice, Author Reviews, Tech Reviews, Entertainment News

Breaking news from your editors at Fast Company, with updates all day. Zynga Buys OMGPOP

Who will win?

Breaking news from your editors at Fast Company, with updates all day. Apple To Use Bloom For Its Cloud .

Barclays bank, which already intertwines NFC chips and antennas into its banking cards in the U.K., has just taken a page out of Apple's book and released a new mobile app that should shake up the U.K. financial game.

Breaking news from your editors at Fast Company, with updates all day. Amazon Gets Green Light From India Govt

"We're rapidly moving to a world beyond plastic," says Ed McLaughlin. "In many ways, plastic is just convenient packaging." McLaughlin heads up emerging payments at MasterCard, and he's tasked with thinking big on the future of transaction technology. His group has dreamed up loads of creative ways to accept payments, from hacking an Xbox Kinect to pay-by-hand motion, to implanting NFC tech in ultrabooks , to scanning irises to prevent credit card fraud.

What's the future of Bump? The popular iPhone and Android app , which enables users to share media simply by "bumping" smartphones together, recently hit 63 million downloads. It's likely one of the few social networks that's actually social, requiring physical interaction to work in most cases, with users sharing everything from contacts to apps to music to pictures (close to 2 million photos are bumped over the network per day)

Since the inception of currency, the sale or purchase of goods has been a tangible activity. With the advent of mobile location technology, we are on the verge of changing that paradigm

Breaking news from your editors at Fast Company, with updates all day. This colorful Doodle is Google's tribute to late Disney artist Mary Blair

Groupon's Valuation May Shrink To $12 Billion . Groupon may have plans to cut back its IPO to about $500 million, a drop from its original intent in June to raise $750 million

This and more important news from your Fast Company editors, with updates all day. [youtube DsaJMhcLm_A] Google Launches Google Wallet . Google is letting out the first public version of its smartphone-based payment system, five months after its

Verizon and AmEx have plans to let customers order items simply by typing in their phone number. It's all about integrating AmEx's Serve platform into the phones and tablets Verizon sells--an expansion of some fledgling "pay by phone" systems, and very different than the systems other teams are planning for the future of mobile payments.

PayPal paid around $240 million to buy Zong , which it calls one of the "leading providers of payments through mobile carrier billing." The firm has relationships with more than 250 cellphone networks in 45 countries, and combined with PayPal's 100 million-ish user accounts, it could give PayPal the "potential to reach the more than 4 billion people around the world who have mobile phones," according to the company. It's a bold move for PayPal.

1. Google offers, the business model backbone behind Google Wallet NFC credit cards, kicks off tomorrow

A social network with more privacy controls, Mark Zuckerberg's latest passion, a new ranking of top VC firms, and the rest of the day's entrepreneur news. Each day, Inc.'s reporters scour the Web for the most important and interesting news to entrepreneurs. Here's what we found today.