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Payments News & Media

PayPal adds partnerships with Citi, FIS

December 15, 2016

PayPal has announced separate deals with Citi and Fidelity National Information Services as extensions of partnerships the company recent signed with Visa and…

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Jack Henry partners with Early Warning to peddle Zelle to FIs

November 29, 2016

Jack Henry & Associates Inc. and Early Warning have announced a strategic partnership that will see Jack Henry resell Early Warning's Zelle…

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2016 sees a rapid uptick in mobile wallet uptake

November 22, 2016

According to recently released findings from the Capital One Wallet Survey, nearly one quarter (24 percent) of consumers are using mobile wallets in some…

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Chase Pay officially debuts with acceptance at Best Buy, Starbucks

November 22, 2016

Chase has officially launched its Chase Pay app, which the financial institution introduced in October 2015 at the Money20/20 conference in Las Vegas.

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Citi joins the Pays

by Will Hernandez — Editor, NetWorld Media Group

The banking giant joins Apple Pay, Google Pay, Samsung Pay, Chase Pay and other 'pays' on the lengthening roster of digital wallets.

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US Payments Forum committee to address contactless, mobile payments issues

November 14, 2016

The U.S. Payments Forum has formed a mobile and contactless payments working committee to explore opportunities, challenges, possible approaches and practical…

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Cardtek, DC Payments partner on Canadian mobile wallet

November 10, 2016

Cardtek, a payment technologies provider, has announced that it will launch Mobile Services Manager, a secure mobile payments platform, in partnership with DC…

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PAI to deploy MagTek cardless ATM, mobile payment solution

November 8, 2016

MagTek, a provider of mobile payment security solutions, and Payment Alliance International, a provider of ATM processing, maintenance services, equipment…

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Consumers less attached to cash than businesses think, study finds

November 3, 2016

Consumers are more eager to adopt mobile wallets than businesses realize, according to "Future of Money," a global survey and report by NTT Data Inc., a…

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Report: Millennials are risk-averse regarding mobile payments

November 3, 2016

There is an "unexpected" level of risk aversion among millennials when it comes to mobile pay, with one in four having ceased making mobile payments due to…

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Wal-Mart to accept Chase Pay

November 3, 2016

Chase announced Thursday that Wal-Mart will accept Chase Pay on Walmart.com, within the retailer's mobile application, and in its stores through the Wal-Mart…

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On the question of trust, no payments provider rivals banks

November 1, 2016

New survey results from the American Bankers Association provide an idea of the huge advantage financial institutions hold over other providers when it comes…

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FIDO, EMVCo to develop security standard for mobile payments

October 28, 2016

FIDO Alliance, the industry consortium developing open, interoperable authentication standards, will work with EMVCo to add convenience and security to…

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Fiserv, Early Warning leap into P2P payments with Zelle

October 26, 2016

Fiserv has announced that several financial institutions, including Ally Bank, Bank of the West and BECU, have committed to join Early Warning's Zelle Network…

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Study: Consumers have doubts about mobile payment security

October 21, 2016

The great majority (88 percent) of consumers would discontinue using digital payments if they personally fell victim to cybercrime as a result of a data…

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Cash use declines, mobile payments awareness grows, study finds

October 20, 2016

Sixty percent of consumers in North America use cash at least weekly to make purchases at a merchant location, down seven percentage points from 2015. Of all…

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Europeans embrace mobile payments

October 13, 2016

The number of European consumers regularly using a mobile device — whether a smartphone, tablet or wearable — to make payments has tripled in the past year…

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Study predicts 70 percent drop in cash transactions in Canada

September 23, 2016

By 2030, cash purchases will make up only 10 percent of money spent in Canada, compared with 35 percent of transactions in 2014, according to a study by…

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Varo, Bancorp announce partnership to support mobile banking

September 15, 2016

Varo Money Inc., a mobile-only banking startup, and The Bancorp Inc. announced that they have signed an agreement whereby Bancorp will provide private-label…

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PayPal, MasterCard strike mobile wallet deal

September 6, 2016

PayPal and MasterCard have expanded their partnership on three fronts: by making MasterCard a clear payment option within PayPal; by enabling Masterpass as a…

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