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Payments News & Media

The Internet of Things makes tokenized payments more important than ever

The Internet of Things opens the window to more convenient transaction methods for consumers — and to new methods of cybercrime and data breach. This makes…

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Zelle moves $28B in 100M Q2 transactions

July 27, 2018

The multibank-owned person-to-person payment platform Zelle processed 100 million transactions worth $28 billion during the second quarter of the year…

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Worldpay strikes deal to offer MasterCard Pay by Bank app

July 16, 2018

Payment processor Worldpay Inc. has entered an agreement with MasterCard Inc. to offer the MasterCard Pay by Bank mobile and online payment application to…

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BofA touts uptake of mobile banking solutions

July 16, 2018

Bank of America has announced that Erica, its artificial intelligence-driven virtual financial assistant, now has more than 2 million users. According to a…

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Paysafe money transfer service debuts in 9 more nations

July 6, 2018

Payments provider Paysafe has extended the reach of Skrill Send Direct, a money transfer service introduced in February.

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Consumer satisfaction with bank, card apps goes hand-in-hand with frequency of use

June 26, 2018

Customer satisfaction with banking and credit card apps has increased in the past year as more customers adopt digital as their primary interaction channel…

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Standard Chartered Uganda partners with mobile operator on digital wallet

June 19, 2018

Standard Chartered Bank has partnered with MTN Uganda Ltd., a mobile money provider in Uganda, to launch the Straight2Bank Wallet in the country, according to…

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Mobile App

CR2’s Mobile App 4 enables banks’ customers to transact in real time through SMS push and pull commands. Banks are able to provide enhanced…

Presented by CR2

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Payments innovation requires smarter testing

New technology and innovation is changing the way consumers want to pay, but the increasingly rapid pace of change also creates challenges and vulnerabilities…

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Wells Fargo lets customers pay from home screen of mobile banking app

May 17, 2018

Wells Fargo & Co. has introduced Pay with Wells Fargo to the bank's mobile app. The feature allows customers to select their most commonly used payment…

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Wirecard, Garmin partner to power contactless payments via smartwatch

May 17, 2018

Wirecard is partnering with Garmin to offer Garmin smartwatch owners a digital payment experience through Wirecard's flagship product, boon, according to a…

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CIBC Completes Migration to Lusis TANGO Payments System

Lusis Payments announced today that CIBC has migrated its POS, ATM, and Payments Hub to the Lusis TANGO platform. CIBC has been modernizing its payments…

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Consumers not sold on the 'Pays,' study finds

May 15, 2018

Adoption rates are declining for the major "Pays" — Apple Pay, Google Pay and Samsung Pay — according to the latest tracking results from Rhinebeck, New…

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Mobile payment users aren't mobile payment proselytizers, study finds

May 1, 2018

Consumers might be using mobile wallets from Apple, Google and Samsung more these days, but it doesn't necessarily follow that they're recommending these…

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Crédit Agricole deploys TANGO LitePOS

Crédit Agricole, the largest retail bank in France has integrated the TANGO LitePOS solution into its global payment project in order to address payment…

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Consumers using mobile wallet to total 2.1B in 2019

April 5, 2018

Nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up nearly 30 percent from 1.6 billion recorded at the…

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Mobile payments to rack up 34 percent CAGR through 2023

April 3, 2018

Data from Allied Market Research suggests that the mobile payment market will expand at a compound annual growth rate of 33.8 percent from 2017 to 2023, to…

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Chase, PayPal partner for mobile wallet promo

March 15, 2018

As of today, Chase Freedom has added a new quarterly category — PayPal — and has brought back a customer favorite — Chase Pay and grocery stores — from April…

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Restaurants popularize order-and-pay, but 2 in 5 patrons still use cash

March 13, 2018

Restaurant checks paid via mobile app grew 50 percent last year, according to a study from NPD Group. However, cash still accounts for 2 in 5 restaurant…

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UK millennials plan to foist paper 'tenners' onto friends

March 1, 2018

Britain's paper 10 pound note officially goes out of circulation today, giving way to the new plastic "tenner" featuring Jane Austen. This means that the paper…

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