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Payments News & Media

Wells Fargo to support NFC transactions via vivoactive 3 smartwatch

February 9, 2018

Wells Fargo customers can now use a Garmin vívoactive 3 smartwatch for transactions at NFC-enabled payment terminals , according to a press release. The…

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LG Pay slated for US debut

January 9, 2018

LG Electronics has announced plans to launch its mobile wallet service in the U.S. by July 1, according to media reports from South Korea, the only country…

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To DIY or not to DIY: Does an FI need its own payment app?

What's the best way for a financial institution to implement a mobile payments system? For many banks, the first and most crucial decision is whether to build…

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North Carolina FI expands digital payments based on Picture Pay success

December 26, 2017

Southern Bank, a Mount Olive, North Carolina-based financial institution, has expanded on its launch of Picture Pay photo bill pay. The bank has implemented…

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Apple Pay joins P2P players

December 7, 2017

Now U.S. consumers have yet another P2P payment alternative besides Zelle, Venmo and (as always) cash. On Tuesday, Apple announced in a press release that…

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Amex OKs ICC Solutions Contactless Pre-tap test suite

December 7, 2017

ICC Solutions has announced that its ExpressPay Test Suite version 1.5, which supports American Express Contactless Pre-tap, has been qualified by Amex in both…

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FSS AadhaarPay earns Best Alternative Payments honors

November 26, 2017

FSS AadhaarPay, a biometric-enabled payment acceptance solution based on India's national identity number system, Aadhaar, has won Best Alternative Payment in…

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Cashless payment just the ticket for global public transit, Visa says

November 16, 2017

Visa has announced plans to take a sizable bite out of cash with Visa Global Transit Solutions, a new program designed to accelerate the use of debit, credit…

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Aussie providers strike Android Pay deal

November 14, 2017

Australia's domestic debit payments network, eftpos, has announced that approximately 2 million cardholders from financial institutions ANZ and Cuscal can now…

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US Bank app implements location services for purchase verification

November 14, 2017

U.S. Bank has added location services to its mobile banking app, allowing Visa credit and debit card customers to use their phone's location to help verify…

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Mobile wallets: In a lull or just another nonstarter?

by Will Hernandez — Editor, NetWorld Media Group

Is the mobile wallet movement toast? A new study concludes that consumers and merchants might just be taking a break from adopting the technology while they…

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Weighing the pros and cons of bank app-based mobile payments

by Will Hernandez — Editor, NetWorld Media Group

There are plenty of upsides and downsides facing a financial institution with plans to forge its own way in mobile payments. Industry executives at last…

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Euronet, Hungarian bank team to accelerate time to market for mobile wallet integration

October 3, 2017

Euronet Software Solutions, a payments software platform provider, has activated its MasterCard Digital Enablement Service packaged software solution for MKB…

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Conversion of mobile users to contactless payment proceeds slowly; facial ID not a selling point

September 22, 2017

A new survey by Juniper Research has found that more than 40 percent of iOS users in the U.S. consider themselves unlikely to use facial recognition as a…

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Aldi shoppers can now stock up, check out via contactless

September 22, 2017

Grocery chain Aldi will now enable shoppers to pay for their items with any contactless payment method, including mobile methods such as Apple Pay, as well as…

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Got a mobile wallet? Get a free listing in our comparison guide

September 8, 2017

ATM Marketplace sister publication Mobile Payments Today will soon publish the 2017 Mobile Wallet Comparison Guide, and if your organization offers a mobile…

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Study: Mobile payments reach tipping point in some countries

September 6, 2017

Mobile wallet adoption is on the rise globally, and the U.S. and Europe are catching up with fast-growing economies in Asia and Latin America where mobile…

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Study: Proximity mobile payments to reach $49.2B in 2017

September 5, 2017

The value of U.S. proximity mobile payment transactions will total $49.29 billion in 2017, up 78.1 percent from last year, according to a study from eMarketer.

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Barclaycard puts modern twist on classic treat with 'contactless' ice cream cones

August 24, 2017

Barclaycard has put a unique, modern twist on a classic summertime treat in the U.K. with the introduction of a self-service ice cream van that will enable…

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Juniper forecasts rapid rise in uptake of contactless payments

August 22, 2017

A new study from Juniper Research has found more than half (53 percent) of global transactions at the point of sale will be contactless within five years…

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