Venmo outpacing ATM cash as payment method

September 27, 2018

Rubiix, a social spending platform that distributes ad revenues back to users who provide their data, has released a report showing that Venmo is now beating…

Paytm said to be testing facial ID for mobile wallet

September 26, 2018

Paytm, a digital wallet and payments provider based in India, is reportedly testing facial recognition capability that will allow consumers to unlock the…

PayPal closes purchase of iZettle

September 25, 2018

On Thursday, PayPal Holdings Inc. completed its acquisition of mobile payments provider iZettle for approximately $2.2 billion. This transaction is intended to…

Podcast: USAA's branchless system for military pushes mobile banking technology forward

by Will Hernandez — Editor, NetWorld Media Group

Host Will Hernandez, discusses USAA's unique branch-less mobile banking system, which services the U.S. military. USAA is typically on the cutting edge of…

7-Eleven adds Apple Pay, Google Pay to choice of payment options

September 13, 2018

You can now buy your coffee, Slurpee, beef jerky or anything else you'll find on the shelf at a 7-Eleven c-store using Apple Pay and Google Pay.

Bank of America touts uptake of digital offerings

September 7, 2018

Bank of America has announced that it now has more than 36 million clients using its online and mobile banking offerings. This includes more than 25 million…

Smartphone payments security to migrate from hardware to software enablement

September 6, 2018

The most significant shift in mobile payment security will be the move from hardware-based methods to software-based methods that rely on standard smartphone…

Samsung Pay marks 3 years, 1.3B transactions

August 23, 2018

Samsung Electronics celebrated the third anniversary of the launch of Samsung Pay — on Aug. 20, 2015, in South Korea — with the announcement that the mobile…

Down Under, digital and cash coexist

August 14, 2018

Results from a new study by NCR Corp., Banking in Australia and New Zealand: At a digital crossroads, reinforces the need for organizations to provide…

Nedbank mobile app provides all-in-one payments through MasterCard, Entersekt partnership

August 3, 2018

MasterCard and Entersekt are collaborating to enable Nedbank customers in South Africa to make QR payments to merchants and billers who accept Masterpass…

In-store contactless payments to total $2T by 2020

July 31, 2018

Contactless payments will exceed the $1 trillion mark for the first time in 2018, a year earlier than expected, according Juniper Research. In 2020, in-store…

The Internet of Things makes tokenized payments more important than ever

The Internet of Things opens the window to more convenient transaction methods for consumers — and to new methods of cybercrime and data breach. This makes…

Zelle moves $28B in 100M Q2 transactions

July 27, 2018

The multibank-owned person-to-person payment platform Zelle processed 100 million transactions worth $28 billion during the second quarter of the year…

Worldpay strikes deal to offer MasterCard Pay by Bank app

July 16, 2018

Payment processor Worldpay Inc. has entered an agreement with MasterCard Inc. to offer the MasterCard Pay by Bank mobile and online payment application to…

BofA touts uptake of mobile banking solutions

July 16, 2018

Bank of America has announced that Erica, its artificial intelligence-driven virtual financial assistant, now has more than 2 million users. According to a…

Paysafe money transfer service debuts in 9 more nations

July 6, 2018

Payments provider Paysafe has extended the reach of Skrill Send Direct, a money transfer service introduced in February.

Consumer satisfaction with bank, card apps goes hand-in-hand with frequency of use

June 26, 2018

Customer satisfaction with banking and credit card apps has increased in the past year as more customers adopt digital as their primary interaction channel…

Standard Chartered Uganda partners with mobile operator on digital wallet

June 19, 2018

Standard Chartered Bank has partnered with MTN Uganda Ltd., a mobile money provider in Uganda, to launch the Straight2Bank Wallet in the country, according to…

Mobile App

CR2’s Mobile App 4 enables banks’ customers to transact in real time through SMS push and pull commands. Banks are able to provide enhanced…

Presented by CR2

Payments innovation requires smarter testing

New technology and innovation is changing the way consumers want to pay, but the increasingly rapid pace of change also creates challenges and vulnerabilities…