On the question of trust, no payments provider rivals banks

November 1, 2016

New survey results from the American Bankers Association provide an idea of the huge advantage financial institutions hold over other providers when it comes…

FIDO, EMVCo to develop security standard for mobile payments

October 28, 2016

FIDO Alliance, the industry consortium developing open, interoperable authentication standards, will work with EMVCo to add convenience and security to…

Fiserv, Early Warning leap into P2P payments with Zelle

October 26, 2016

Fiserv has announced that several financial institutions, including Ally Bank, Bank of the West and BECU, have committed to join Early Warning's Zelle Network…

Study: Consumers have doubts about mobile payment security

October 21, 2016

The great majority (88 percent) of consumers would discontinue using digital payments if they personally fell victim to cybercrime as a result of a data…

Cash use declines, mobile payments awareness grows, study finds

October 20, 2016

Sixty percent of consumers in North America use cash at least weekly to make purchases at a merchant location, down seven percentage points from 2015. Of all…

Europeans embrace mobile payments

October 13, 2016

The number of European consumers regularly using a mobile device — whether a smartphone, tablet or wearable — to make payments has tripled in the past year…

Study predicts 70 percent drop in cash transactions in Canada

September 23, 2016

By 2030, cash purchases will make up only 10 percent of money spent in Canada, compared with 35 percent of transactions in 2014, according to a study by…

Varo, Bancorp announce partnership to support mobile banking

September 15, 2016

Varo Money Inc., a mobile-only banking startup, and The Bancorp Inc. announced that they have signed an agreement whereby Bancorp will provide private-label…

PayPal, MasterCard strike mobile wallet deal

September 6, 2016

PayPal and MasterCard have expanded their partnership on three fronts: by making MasterCard a clear payment option within PayPal; by enabling Masterpass as a…

Mobile payments on the rise — and not just among millennials

August 31, 2016

Bank of America has published its most recent Consumer Spending Snapshot. Here are a few key findings from the July data:

Study: Purchases via Apple Pay and Android Pay to reach $8B by 2018

August 31, 2016

A combination of in-app purchases and website retail payments is projected to drive annual spend via Apple Pay and Android Pay to $8 billion in 2018, up from…

Getting customers to love your bank — and its mobile wallet

The mobile wallet is shaping up to be a powerful customer interface. Value-added services are a golden opportunity for an FI to show that it's truly on the…

Report: Indian mobile wallet provider set to raise $300M in new funding

August 29, 2016

India-based mobile wallet provider Paytm is reportedly raising some $300 million in new funding to bring its estimated valuation to $5 billion, according to a…

Small businesses accepting mobile payments, eschewing EMV

August 22, 2016

As mobile payments options are growing in popularity among consumers, more small businesses are tapping into this payment offering, according to the Small…

New guide brings order to teeming mobile wallets market

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

For fintech followers keeping an eye on alternative payments, the 2016 Mobile Payments Today guide organizes scores of mobile wallets into an easy-to-compare…

The digital banking experience: 7 ways to put the customer front and center

Functionality alone no longer gets the job done; engagement is where loyalty is truly gained. Guest commentator Mark Kilpatrick offers suggestions for gaining…

US and UK consumers embrace contactless transactions

The fact that contactless use is rising might not come as a shock, but the rate of growth might surprise you: Last year, consumers spent $10 billion using…

Survey: Nearly a third of US consumers willing to use mobile wallets within next 6 months

August 12, 2016

Although mobile wallets are a relatively new form of payment, nearly 3 in 10 consumers (29 percent) say they would be willing to adopt the technology…

Partnership expands cash access for Filipinos

August 10, 2016

Fexco, an independent fintech provider, has partnered with Electronic Network Cash Tellers Inc. to launch what the companies are hailing as the first-ever…

PSCU to launch Masterpass, Microsoft Wallet services

August 5, 2016

PSCU, a credit union service association, is launching Masterpass by MasterCard and Microsoft Wallet by the end of August.