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Payments News & Media

US Bank app implements location services for purchase verification

November 14, 2017

U.S. Bank has added location services to its mobile banking app, allowing Visa credit and debit card customers to use their phone's location to help verify…

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Mobile wallets: In a lull or just another nonstarter?

by Will Hernandez — Editor, NetWorld Media Group

Is the mobile wallet movement toast? A new study concludes that consumers and merchants might just be taking a break from adopting the technology while they…

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Weighing the pros and cons of bank app-based mobile payments

by Will Hernandez — Editor, NetWorld Media Group

There are plenty of upsides and downsides facing a financial institution with plans to forge its own way in mobile payments. Industry executives at last…

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Euronet, Hungarian bank team to accelerate time to market for mobile wallet integration

October 3, 2017

Euronet Software Solutions, a payments software platform provider, has activated its MasterCard Digital Enablement Service packaged software solution for MKB…

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Conversion of mobile users to contactless payment proceeds slowly; facial ID not a selling point

September 22, 2017

A new survey by Juniper Research has found that more than 40 percent of iOS users in the U.S. consider themselves unlikely to use facial recognition as a…

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Aldi shoppers can now stock up, check out via contactless

September 22, 2017

Grocery chain Aldi will now enable shoppers to pay for their items with any contactless payment method, including mobile methods such as Apple Pay, as well as…

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Got a mobile wallet? Get a free listing in our comparison guide

September 8, 2017

ATM Marketplace sister publication Mobile Payments Today will soon publish the 2017 Mobile Wallet Comparison Guide, and if your organization offers a mobile…

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Study: Mobile payments reach tipping point in some countries

September 6, 2017

Mobile wallet adoption is on the rise globally, and the U.S. and Europe are catching up with fast-growing economies in Asia and Latin America where mobile…

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Study: Proximity mobile payments to reach $49.2B in 2017

September 5, 2017

The value of U.S. proximity mobile payment transactions will total $49.29 billion in 2017, up 78.1 percent from last year, according to a study from eMarketer.

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Barclaycard puts modern twist on classic treat with 'contactless' ice cream cones

August 24, 2017

Barclaycard has put a unique, modern twist on a classic summertime treat in the U.K. with the introduction of a self-service ice cream van that will enable…

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Juniper forecasts rapid rise in uptake of contactless payments

August 22, 2017

A new study from Juniper Research has found more than half (53 percent) of global transactions at the point of sale will be contactless within five years…

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Airtel Payments Bank partnership turns gas stations into cash points

August 10, 2017

India's Airtel Payments Bank, a subsidiary of the Airtel mobile network, recently announced a strategic partnership with Hindustan Petroleum Corporation Ltd.

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EMVCo releases QR code payment specs

August 3, 2017

EMVCo, the global technical body that manages EMV specifications, has released QR code payment specifications that support use cases for both merchant- and…

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On a roll, PayPal announces expanded relationships with Citi, Chase

July 21, 2017

PayPal is stepping on its own press releases this week. On the heels of yesterday's press release saying that PayPal is joining the Visa network of client…

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Contactless payments catch fire in the UK

July 21, 2017

Contactless payment, a challenger to cash for small purchases, saw a major uptick in the U.K. during the month of May. New figures published by the trade…

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Fintech adoption surges — and not just among millennials

July 14, 2017

Adoption of financial technologies among consumers worldwide has surged in the past 18 months setting up fintech to enter the mainstream, according to the…

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Huawei partners with WorldRemit to boost mobile money in Africa

July 11, 2017

Digital money transfer service WorldRemit and Huawei have announced a partnership to make WorldRemit's international money transfer service available to all…

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Citi Pay arrives in the US

July 6, 2017

Citi MasterCard credit customers in the U.S. can now begin using Citi Pay, the mobile tap-and-pay service the bank first announced in November.

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Visa turns to QR codes in Taiwan for mobile payments

July 6, 2017

Visa plans to introduce a new QR code-based mobile payments system in Taiwan, according to local reports.

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Venmo challenges cash with proprietary mobile-based debit card

June 27, 2017

Venmo, the P2P payment app near and dear to every millennial's heart, is reportedly testing a prepaid debit card that would allow users to pay for goods and…

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