Isis Wallet mobile payment service changes its name to Softcard

The startup wants to avoid association with the Islamic militant group known as ISIS

The company formerly known as Isis will soon become Softcard.

The company formerly known as Isis will soon become Softcard.

Mobile payments startup Isis Wallet is changing its name to Softcard to avoid association with the Islamic militant group known as ISIS.

The company said in July that it would be rebranding for that reason, but didn't have a new name to announce then.

"However coincidental, we have no desire to share a name with this group and our hearts go out to those affected by this violence," said Isis CEO Michael Abbott, in a company announcement.

The Islamic State, or ISIS, is a Sunni jihadist group active in Iraq and Syria. It has declared itself a caliphate with the objective of building an Islamic state and it claims religious authority over Muslims. The acronym has had various meanings historically, including "Islamic State of Iraq and Levant," "Islamic State of Iraq and Syria" and "Islamic State of Iraq and al-Sham."

The extremist group has recently been in the news for beheading U.S. journalists James Foley and Steven Sotloff, who had been held hostage by ISIS, which released videos of their murders.

Isis Wallet's flagship app will continue to work as usual, but the new Softcard app will launch in the next few weeks, Abbott said. When that happens, current users will be able update the app as they normally would.

The company's home page still reads "Isis" at the top, but a brief pop-up message upon visiting the page alerts users to the change. The company's Twitter page already has the new Softcard logo.

"Because we've chosen to move swiftly, small traces of Isis will be visible for a short time," the Isis CEO said.

Isis Wallet, with help from carriers like AT&T and Verizon, is trying to give consumers a new way to shop and make purchases from their smartphones. Its technology uses NFC (near-field communication) in smartphones to let users make purchases by waving their devices in front of readers in retail stores.

The technology has not yet taken off. Stores need to have the readers installed and Apple's iPhone currently does not support NFC, though that may change with the iPhone 6. Also, for now, many people don't seem have a problem paying with old-fashioned cash or credit and debit cards.

Zach Miners covers social networking, search and general technology news for IDG News Service. Follow Zach on Twitter at @zachminers. Zach's e-mail address is zach_miners@idg.com

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags mobileinternetmobile applicationse-commerceInternet-based applications and servicesIsisSoftcard

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Zach Miners

IDG News Service
Show Comments

Brand Post

PC World Evaluation Team Review - MSI GT75 TITAN

"I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it."

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?