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Payments News & Media

Mobile RDC catches on in Canada

May 28, 2014

Canadians have deposited more than 1 million checks via mobile phone since the Canadian Payments Association approved a rule last year allowing mobile remote…

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Study finds mobile and tablet banking key to customer retention

May 21, 2014

Banking via mobile device is fast becoming a preferred way for consumers to conduct their banking activities and manage financial information on the go. New…

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Bill pay innovation key to keeping consumers happy

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

As mobile bill payment use continues to surge among American consumers, financial institutions and billers need to innovate in terms of their billing software…

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Preview: ATM & Mobile Innovation Summit 2014

Tom Harper, president and CEO of Networld Media Group talks about what to expect from this year's ATM & Mobile Innovation Summit and why executives should…

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British consumers nearly double their mobile banking transactions

April 1, 2014

British consumers last year moved away from conducting bank transactions at branches and nearly doubled their use of mobile banking channels, according to a…

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Australian consumers expect widespread mobile wallets by 2021

March 21, 2014

Australian consumers expect to ditch their physical wallet in favor of a mobile one by 2021 as the popularity of contactless card and smartphone payments…

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Why the FTC thinks mobile payments are more secure than magstripe

The Federal Trade Commission weighs in on the mobile vs. magstripe debate. (From a keynote address by Malini Mithal of the FTC at the ATM & Mobile Executive…

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Lessons from the FTC's lawsuit against HTC

"Data security is a big area for the FTC," said Malini Mithal, assistant director of the Bureau of Consumer Protection at the FTC. "We have brought nearly 5…

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The iPhone security scare: Is LoopWallet a solution?

February 26, 2014

For some time, it's been a matter of debate throughout the financial services world whether information stored on a mobile device is truly secure — or can be.

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The appropriate use of customer payment data

Acquiring and sharing customer data has become "one of the most hotly negotiated" deal points in the mobile payments M&A community. A payments attorney asks a…

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Litigation that may redefine mobile vs. plastic

Private litigation in New York pitting a group of merchants against Visa, MasterCard and a number of large banks could stifle innovation in the mobile space.

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The new card

George Wallner, payments pioneer and founder of Hypercom, describes the promise of the "new card" in an interactive environment. (From the ATM & Mobile…

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Square turns on money request app

February 17, 2014

Square Cash, a new money request feature from mobile POS provider Square, allows users to request money from other people or groups by using the Square Cash…

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JETCO rolls out mobile NFC in Hong Kong and Macau

February 13, 2014

Joint Electronic Teller Services Ltd. is rolling out mobile NFC payments in Hong Kong and Macau with its member banks using the Gemalto LinqUs trusted service…

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Easy card loading is a necessity in mobile wallets

George Wallner (founder of Hypercom) explains the feature every mobile payment provider must build into its digital wallet. (From the ATM & Mobile Executive…

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'They're strangers to the idea of the physical card'

Today's younger generation is being trained to be tomorrow's mobile payment users, says George Wallner, CTO of Loop. "If they can't do something on their…

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Why banks need to be in the mobile wallet business

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

A recent Allied Market Research report indicates the global mobile wallet market is on target to reach $5.25 trillion in 2020, with a compound annual growth…

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My 3-month experiment paying for everything by phone

George Wallner says people were wowed when he whipped out his phone instead of a card, but are "cool" and "convenient" enough to establish a new mode of…

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PIN debit already developed for mobile

George Wallner describes the simple one-step PIN solution already developed by the mobile industry. (From the ATM & Mobile Executive Summit.)

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Pay in-pay out network bridges the digital divide

February 4, 2014

Historically, ATM and POS network operators have been locked into card-based payments acquiring relationships that offer few options for generating additional…

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