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Payments News & Media

Airtel Payments Bank partnership turns gas stations into cash points

August 10, 2017

India's Airtel Payments Bank, a subsidiary of the Airtel mobile network, recently announced a strategic partnership with Hindustan Petroleum Corporation Ltd.

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EMVCo releases QR code payment specs

August 3, 2017

EMVCo, the global technical body that manages EMV specifications, has released QR code payment specifications that support use cases for both merchant- and…

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On a roll, PayPal announces expanded relationships with Citi, Chase

July 21, 2017

PayPal is stepping on its own press releases this week. On the heels of yesterday's press release saying that PayPal is joining the Visa network of client…

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Contactless payments catch fire in the UK

July 21, 2017

Contactless payment, a challenger to cash for small purchases, saw a major uptick in the U.K. during the month of May. New figures published by the trade…

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Fintech adoption surges — and not just among millennials

July 14, 2017

Adoption of financial technologies among consumers worldwide has surged in the past 18 months setting up fintech to enter the mainstream, according to the…

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Huawei partners with WorldRemit to boost mobile money in Africa

July 11, 2017

Digital money transfer service WorldRemit and Huawei have announced a partnership to make WorldRemit's international money transfer service available to all…

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Citi Pay arrives in the US

July 6, 2017

Citi MasterCard credit customers in the U.S. can now begin using Citi Pay, the mobile tap-and-pay service the bank first announced in November.

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Visa turns to QR codes in Taiwan for mobile payments

July 6, 2017

Visa plans to introduce a new QR code-based mobile payments system in Taiwan, according to local reports.

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Venmo challenges cash with proprietary mobile-based debit card

June 27, 2017

Venmo, the P2P payment app near and dear to every millennial's heart, is reportedly testing a prepaid debit card that would allow users to pay for goods and…

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Visa promises cashless (but not ATM-less) experience at FIFA event

June 14, 2017

Visa will deploy 1,600 point-of-sale terminals and 120 mobile concessionaires throughout the stadium concourses for the FIFA Confederations Cup 2017 to be held…

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Consumers expect ease of use, security from bank's mobile app

June 13, 2017

Retail bank and credit card customers now prefer mobile to all other channels, but rate ease of use as a differentiator among top-performing mobile apps.

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Banks make major P2P push as FIs start adding Zelle

June 12, 2017

Financial Institutions behind the Zelle person-to-person payments network from Early Warning Services will begin in earnest to add the feature to their mobile…

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Study: Consumers find payments more mobile, and personal

June 8, 2017

Consumers are paying more bills from mobile devices and making more person-to-person payments while starting to venture into digital wallets, according to a…

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Contactless retail payments to top $1T worldwide by 2019

May 23, 2017

New data from fintech analysts at Juniper Research forecasts that the global value of contactless transactions made via payment cards, mobile devices and…

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Standardized mobile QR codes streamline Thailand's quest to go cashless

May 12, 2017

MasterCard, UnionPay International and Visa have introduced a standardized quick response code for payments in Thailand, accelerating the country's transition…

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First Data, Alipay strike mobile payments deal

May 9, 2017

Hot on the heels of last week's announcement by ACI Worldwide, First Data has announced that it, too, is expanding its relationship with Alipay. According to a…

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VocaLink Pay By Bank adds another FI

April 25, 2017

Pay by Bank, a service powered by VocaLink and supported by U.K. banks and acquirers, has announced a partnership with Starling Bank that will launch the…

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PayToo gets into the selfie game

April 25, 2017

PayToo Merchant Services Corp., a division of PayToo, has unveiled its new payment technology, PayToo SmileandPay. The service uses facial recognition and…

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Why mess with cash? Masterpass those snack crackers!

April 20, 2017

MasterCard has vowed to end the plight of shivering, swimsuit-clad hotel guests who pass a vending machine on their way in from the pool only to find…

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Partnership to let Wells Fargo customers make mobile payments via PayPal

April 20, 2017

Wells Fargo & Co. has announced that its retail customers soon will be able to use PayPal to make purchases with their NFC-enabled Android device at…

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