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Payments News & Media

Wells Fargo lets customers pay from home screen of mobile banking app

May 17, 2018

Wells Fargo & Co. has introduced Pay with Wells Fargo to the bank's mobile app. The feature allows customers to select their most commonly used payment…

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Wirecard, Garmin partner to power contactless payments via smartwatch

May 17, 2018

Wirecard is partnering with Garmin to offer Garmin smartwatch owners a digital payment experience through Wirecard's flagship product, boon, according to a…

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CIBC Completes Migration to Lusis TANGO Payments System

Lusis Payments announced today that CIBC has migrated its POS, ATM, and Payments Hub to the Lusis TANGO platform. CIBC has been modernizing its payments…

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Consumers not sold on the 'Pays,' study finds

May 15, 2018

Adoption rates are declining for the major "Pays" — Apple Pay, Google Pay and Samsung Pay — according to the latest tracking results from Rhinebeck, New…

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Mobile payment users aren't mobile payment proselytizers, study finds

May 1, 2018

Consumers might be using mobile wallets from Apple, Google and Samsung more these days, but it doesn't necessarily follow that they're recommending these…

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Crédit Agricole deploys TANGO LitePOS

Crédit Agricole, the largest retail bank in France has integrated the TANGO LitePOS solution into its global payment project in order to address payment…

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Consumers using mobile wallet to total 2.1B in 2019

April 5, 2018

Nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up nearly 30 percent from 1.6 billion recorded at the…

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Mobile payments to rack up 34 percent CAGR through 2023

April 3, 2018

Data from Allied Market Research suggests that the mobile payment market will expand at a compound annual growth rate of 33.8 percent from 2017 to 2023, to…

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Chase, PayPal partner for mobile wallet promo

March 15, 2018

As of today, Chase Freedom has added a new quarterly category — PayPal — and has brought back a customer favorite — Chase Pay and grocery stores — from April…

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Restaurants popularize order-and-pay, but 2 in 5 patrons still use cash

March 13, 2018

Restaurant checks paid via mobile app grew 50 percent last year, according to a study from NPD Group. However, cash still accounts for 2 in 5 restaurant…

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UK millennials plan to foist paper 'tenners' onto friends

March 1, 2018

Britain's paper 10 pound note officially goes out of circulation today, giving way to the new plastic "tenner" featuring Jane Austen. This means that the paper…

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Wells Fargo to support NFC transactions via vivoactive 3 smartwatch

February 9, 2018

Wells Fargo customers can now use a Garmin vívoactive 3 smartwatch for transactions at NFC-enabled payment terminals , according to a press release. The…

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LG Pay slated for US debut

January 9, 2018

LG Electronics has announced plans to launch its mobile wallet service in the U.S. by July 1, according to media reports from South Korea, the only country…

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To DIY or not to DIY: Does an FI need its own payment app?

What's the best way for a financial institution to implement a mobile payments system? For many banks, the first and most crucial decision is whether to build…

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North Carolina FI expands digital payments based on Picture Pay success

December 26, 2017

Southern Bank, a Mount Olive, North Carolina-based financial institution, has expanded on its launch of Picture Pay photo bill pay. The bank has implemented…

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Apple Pay joins P2P players

December 7, 2017

Now U.S. consumers have yet another P2P payment alternative besides Zelle, Venmo and (as always) cash. On Tuesday, Apple announced in a press release that…

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Amex OKs ICC Solutions Contactless Pre-tap test suite

December 7, 2017

ICC Solutions has announced that its ExpressPay Test Suite version 1.5, which supports American Express Contactless Pre-tap, has been qualified by Amex in both…

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FSS AadhaarPay earns Best Alternative Payments honors

November 26, 2017

FSS AadhaarPay, a biometric-enabled payment acceptance solution based on India's national identity number system, Aadhaar, has won Best Alternative Payment in…

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Cashless payment just the ticket for global public transit, Visa says

November 16, 2017

Visa has announced plans to take a sizable bite out of cash with Visa Global Transit Solutions, a new program designed to accelerate the use of debit, credit…

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Aussie providers strike Android Pay deal

November 14, 2017

Australia's domestic debit payments network, eftpos, has announced that approximately 2 million cardholders from financial institutions ANZ and Cuscal can now…

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