Easy card loading is a necessity in mobile wallets

George Wallner (founder of Hypercom) explains the feature every mobile payment provider must build into its digital wallet. (From the ATM & Mobile Executive…

'They're strangers to the idea of the physical card'

Today's younger generation is being trained to be tomorrow's mobile payment users, says George Wallner, CTO of Loop. "If they can't do something on their…

Why banks need to be in the mobile wallet business

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

A recent Allied Market Research report indicates the global mobile wallet market is on target to reach $5.25 trillion in 2020, with a compound annual growth…

My 3-month experiment paying for everything by phone

George Wallner says people were wowed when he whipped out his phone instead of a card, but are "cool" and "convenient" enough to establish a new mode of…

PIN debit already developed for mobile

George Wallner describes the simple one-step PIN solution already developed by the mobile industry. (From the ATM & Mobile Executive Summit.)

Pay in-pay out network bridges the digital divide

February 4, 2014

Historically, ATM and POS network operators have been locked into card-based payments acquiring relationships that offer few options for generating additional…

Infographic: BLE vs. NFC

This infographic compares the key similarities and differences between Bluetooth Low Energy (BLE) beacons and Near Field Communications (NFC) in how they are…

The main reason NFC hasn't caught on

Too many technologies (including NFC) ignore a necessary step toward merchant acceptance. "Users of NFC will be disappointed for many years to come," says…

A bigger issue than payment security

"It's not true that security is paramount," says George Wallner, CTO of Loop. (From the ATM & Mobile Executive Summit.)

The unavoidable problem for mobile payments at retail

This one issue causes enough retailer resistance to potentially keep mobile from gaining wide acceptance at the point of sale. (From George Wallner's keynote…

How mobile payments will evolve

George Wallner says, "There's not anything wrong with [today's] technology, it's just not supported." (From the ATM & Mobile Executive Summit.)

How secure are cards on mobile phones?

"Attacking a phone — especially if it has a piece of hardware to securely store the card data — is not a very rewarding process for a hacker." (George Wallner…

The challenge of Android mobile security

"Literally as soon as handset manufacturers sell a phone, they no longer care about that phone because they're already moving on to the next version," says…

How a mobile OS was exploited

CrowdStrike's CTO tells how his team exploited a phone using tools and techniques currently available "in the wild." The phone's owner felt personally…

An overview of the strengths of today's mobile security systems

Dmitri Alperovitch, Co-founder and CTO of CrowdStrike, gives the "good news" in the fight for mobile security. He explains the systems and processes in place…

Mobile money transforms Kenyan banking market

January 27, 2014

Sixty percent of Kenyans now use their mobile phone for banking transactions and 64 percent of Kenyans send or receive money locally through their mobile…

T-Mobile offers low cost banking with prepaid Visa card

January 22, 2014

T-Mobile U.S. is offering a raft of cheap banking services with its new reloadable T-Mobile Visa prepaid card, issued by The Bancorp Bank.

Assume all handsets are compromised

Jim Pitts, project manager of the BITS Financial Services Roundtable, explains why he tells his FI members to expect the worst when it comes to customers…

Can a fraudster add malware to an app that's already in the app store?

CrowdStrike broke into the App Store and bypassed the security validation mechanism. Their CTO describes the demo conducted at a conference a few years ago.

It's still anyone's game in mobile payments

by Jim Ghiglieri — Senior Vice President, Corporate Communications, SHAZAM

In a previous blog post, I wrote about some of the reasons mobile technology needs financial institutions. In this blog, I'd like to follow-up with some…