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…

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…

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…

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…

Mobile payments on the rise — and not just among millennials

August 31, 2016

Bank of America has published its most recent Consumer Spending Snapshot. Here are a few key findings from the July data:

Study: Purchases via Apple Pay and Android Pay to reach $8B by 2018

August 31, 2016

A combination of in-app purchases and website retail payments is projected to drive annual spend via Apple Pay and Android Pay to $8 billion in 2018, up from…

Getting customers to love your bank — and its mobile wallet

The mobile wallet is shaping up to be a powerful customer interface. Value-added services are a golden opportunity for an FI to show that it's truly on the…

Report: Indian mobile wallet provider set to raise $300M in new funding

August 29, 2016

India-based mobile wallet provider Paytm is reportedly raising some $300 million in new funding to bring its estimated valuation to $5 billion, according to a…

Small businesses accepting mobile payments, eschewing EMV

August 22, 2016

As mobile payments options are growing in popularity among consumers, more small businesses are tapping into this payment offering, according to the Small…

New guide brings order to teeming mobile wallets market

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

For fintech followers keeping an eye on alternative payments, the 2016 Mobile Payments Today guide organizes scores of mobile wallets into an easy-to-compare…

The digital banking experience: 7 ways to put the customer front and center

Functionality alone no longer gets the job done; engagement is where loyalty is truly gained. Guest commentator Mark Kilpatrick offers suggestions for gaining…

US and UK consumers embrace contactless transactions

The fact that contactless use is rising might not come as a shock, but the rate of growth might surprise you: Last year, consumers spent $10 billion using…

Survey: Nearly a third of US consumers willing to use mobile wallets within next 6 months

August 12, 2016

Although mobile wallets are a relatively new form of payment, nearly 3 in 10 consumers (29 percent) say they would be willing to adopt the technology…

Partnership expands cash access for Filipinos

August 10, 2016

Fexco, an independent fintech provider, has partnered with Electronic Network Cash Tellers Inc. to launch what the companies are hailing as the first-ever…

PSCU to launch Masterpass, Microsoft Wallet services

August 5, 2016

PSCU, a credit union service association, is launching Masterpass by MasterCard and Microsoft Wallet by the end of August.

Payments forum white paper highlights EMV chargeback practices

August 3, 2016

The U.S. Payments Forum, formerly the EMV Migration Forum, has released a white paper highlighting chargeback best practices.

Vantiv Inc. rolls out new partner growth program

August 2, 2016

Vantiv Inc, a provider of payment processing services and technology products, has announced the roll out of its partner program, Vantiv Advantage.

Consumers are spending less, Bank of America finds

August 2, 2016

Bank of America looked at over 40 million active credit and debit card accounts in its system in June and found some surprising statistics. It seems that…

Sweetgreen's now offering customers a cashless option

August 1, 2016

Given a sharp decline in cash purchases, dropping from 40 to 10 percent since opening, Sweetgreen restaurants is now offering cashless payments.

Lost in translation: What do all those contactless terms mean?

All members of the payments ecosystem gain from contactless technology and transactions, but an important first step is to start talking about contactless…