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Payments News & Media

New study identifies massive risks facing mobile payments

July 12, 2013

Just when you thought mobile payments might be gaining some credibility, risk analysts at U.K. consultant Riskskill have released what can only be called a…

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M-PESA meets Bitcoin with new service in Kenya

July 12, 2013

Known as one of the most innovative — and to date, successful — mobile money programs in the world, Kenya's M-PESA is now dabbling in virtual currencies thanks…

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Polish banks partner on new mobile payment standard

July 8, 2013

Poland's largest banks are teaming on a new mobile payment and mobile banking standard scheduled for launch later this year.

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BPC Banking Technologies, Russia's Alfa-Bank pilot mobile NFC

June 26, 2013

BPC Banking Technologies, a provider of Open System e-payment solutions for the global financial industry, and Alfa-Bank, Russia's largest private bank, have…

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Operator of UK's Link ATM network branches out

June 25, 2013

VocaLink, operator of the U.K.'s national payments infrastructure, including the 65,000-ATM Link network, is branching out into mobile payments. A new company…

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3 strategies to help FIs survive in a mobile payments world

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

With mobile wallets providing potential opportunities to work just like credit and debit cards, many financial institutions are wondering, "Could we lose a…

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KeyBank adds mobile banking features for consumer, commercial clients

June 12, 2013

Cleveland, Ohio-based KeyBank is expanding mobile banking for all customers — both commercial and consumer — with new mobile banking features.

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Workshop to deliver strategies for success in EMV, NFC and mobile markets

June 5, 2013

SCIL-EMV Academy and the Electronic Transactions Association have announced a comprehensive 2-day payments workshop covering business and technical…

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BBVA adds photo bill payment to mobile banking app

June 3, 2013

Financial institution BBVA Compass is jumping on the picture bill payment bandwagon, announcing it has added the feature to its iPhone app. With picture bill…

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Do contactless payments scare your customers?

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

Contactless payments using mobile phones are the future of the payments processing industry — they're quick, easy, and bring countless benefits to merchants.

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Mobile, prepaid cards stand out in payments growth

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

In a recent report, Javelin Strategy and Research predicts that mobile payments and prepaid cards will beat out cash and checks in popularity among U.S.

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PlainPay, MyBank pair up to provide total mobile banking solution

May 21, 2013

Virtual multi-channel banking solutions provider Auriga and online payment platform provider MyBank are combining their expertise to create an all-in-one…

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Fed study points to increase in mobile POS payments

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

According to a new survey from the Federal Reserve, using mobile phones to make purchases at the point of sale remains fairly uncommon. Yet, the number of…

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New data shows rapid growth of mobile bill payment

May 2, 2013

Financial services technology provider Fiserv Inc. has released new data from surveys on the state of bill paying. Not surprisingly, mobile has become an…

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Mobile banking: Increased acceptance equals greater opportunities for FIs

by Rebecca Hellmann — Marketing and Sales Coordinator, Welch ATM

Mobile devices have become a part of everyday life around the world, used for banking, entertainment, communication, payments, budgeting and even shopping. A…

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Fiserv adds real-time money transfer to its P2P service

April 18, 2013

Financial tech provider Fiserv Inc. is revving up Popmoney Instant Payments. Now users can send and receive funds through the service and have those funds…

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Fiserv ACCEL/Exchange now just Accel

April 16, 2013

The applications are broader, so the name needed to be shorter. The streamlining of Fiserv "ACCEL/Exchange" to simply "Accel" is the result of a repositioning…

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Study: Despite increased use, mobile payments, banking dogged by security concerns

April 11, 2013

A new report from Interactive Advertising Bureau, in partnership with InMobi and Viggle, has found that mobile users are increasingly using mobile devices to…

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FTC issues report on increased use of mobile payments

by Terry Dooley — SVP & CIO, ITS, Inc

The Federal Trade Commission recently issued a staff report titled "Paper, Plastic … or Mobile?" The report, which is based on an FTC workshop, highlights key…

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Report offers definition, advice to FIs on mobile wallets

April 8, 2013

Analysts at IDC Financial Insights have announced a new report intended to aid financial institutions navigate the world of mobile payments. The report…

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