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Payments News & Media

Visa promises cashless (but not ATM-less) experience at FIFA event

June 14, 2017

Visa will deploy 1,600 point-of-sale terminals and 120 mobile concessionaires throughout the stadium concourses for the FIFA Confederations Cup 2017 to be held…

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Consumers expect ease of use, security from bank's mobile app

June 13, 2017

Retail bank and credit card customers now prefer mobile to all other channels, but rate ease of use as a differentiator among top-performing mobile apps.

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Banks make major P2P push as FIs start adding Zelle

June 12, 2017

Financial Institutions behind the Zelle person-to-person payments network from Early Warning Services will begin in earnest to add the feature to their mobile…

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Study: Consumers find payments more mobile, and personal

June 8, 2017

Consumers are paying more bills from mobile devices and making more person-to-person payments while starting to venture into digital wallets, according to a…

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Contactless retail payments to top $1T worldwide by 2019

May 23, 2017

New data from fintech analysts at Juniper Research forecasts that the global value of contactless transactions made via payment cards, mobile devices and…

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Standardized mobile QR codes streamline Thailand's quest to go cashless

May 12, 2017

MasterCard, UnionPay International and Visa have introduced a standardized quick response code for payments in Thailand, accelerating the country's transition…

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First Data, Alipay strike mobile payments deal

May 9, 2017

Hot on the heels of last week's announcement by ACI Worldwide, First Data has announced that it, too, is expanding its relationship with Alipay. According to a…

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VocaLink Pay By Bank adds another FI

April 25, 2017

Pay by Bank, a service powered by VocaLink and supported by U.K. banks and acquirers, has announced a partnership with Starling Bank that will launch the…

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PayToo gets into the selfie game

April 25, 2017

PayToo Merchant Services Corp., a division of PayToo, has unveiled its new payment technology, PayToo SmileandPay. The service uses facial recognition and…

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Why mess with cash? Masterpass those snack crackers!

April 20, 2017

MasterCard has vowed to end the plight of shivering, swimsuit-clad hotel guests who pass a vending machine on their way in from the pool only to find…

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Partnership to let Wells Fargo customers make mobile payments via PayPal

April 20, 2017

Wells Fargo & Co. has announced that its retail customers soon will be able to use PayPal to make purchases with their NFC-enabled Android device at…

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Major 'Pays' expected to attract 500M users by 2021

April 14, 2017

New data from fintech analysts at Juniper Research projects that the number of OEM-Pay contactless users — including Apple Pay, Samsung Pay, and Android Pay …

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FSS supports India's cashless payment initiative with card-free solution

April 10, 2017

FSS, a Chennai, India-based provider of ATM and payments services, has launched FSS Aadhaar Pay to support the digital payment initiatives of the Indian…

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CIBC rated best in Canada for mobile banking

April 4, 2017

Surviscor, a firm that provides analysis and ranking for Canadian digital customer experiences provided by service firms, has released its 2017 Canadian mobile…

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Court puts kibosh on Australian banks' boycott of Apple Pay

April 4, 2017

The Australian Competition and Consumer Commission has issued a determination denying authorization to the Commonwealth Bank of Australia, Westpac Banking…

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HSBC joins major UK FIs in adopting VocaLink Pay by Bank app

March 30, 2017

U.K. payment systems provider VocaLink has announced that Pay by Bank app, the company's mobile payments service, will soon be available to customers of HSBC…

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For mobile payments adoption, it's the same old story

by Will Hernandez — Editor, NetWorld Media Group

Mobile transactions have a long way to go before they overtake cash use in the US. A recent field test by the payments strategies group of the Boston Fed…

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Paytm launches mobile bill-payment service in Canada

March 17, 2017

New Delhi-based Paytm, has launched its bill-payment service in Canada, making it the first Indian company to debut such a service in the Great White North.

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Industry bodies align to standardize on-device NFC service management

March 15, 2017

ETSI, GlobalPlatform and the NFC Forum have detailed a standardized approach to implementing and managing NFC services across all technologies and platforms…

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Chase agrees to purchase MCX technology

March 13, 2017

JPMorgan Chase intends to acquire MCX payments technology to help expand Chase Pay, the FI's mobile and digital wallet, according to a press release.

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