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Payments News & Media

Major 'Pays' expected to attract 500M users by 2021

April 14, 2017

New data from fintech analysts at Juniper Research projects that the number of OEM-Pay contactless users — including Apple Pay, Samsung Pay, and Android Pay …

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FSS supports India's cashless payment initiative with card-free solution

April 10, 2017

FSS, a Chennai, India-based provider of ATM and payments services, has launched FSS Aadhaar Pay to support the digital payment initiatives of the Indian…

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CIBC rated best in Canada for mobile banking

April 4, 2017

Surviscor, a firm that provides analysis and ranking for Canadian digital customer experiences provided by service firms, has released its 2017 Canadian mobile…

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Court puts kibosh on Australian banks' boycott of Apple Pay

April 4, 2017

The Australian Competition and Consumer Commission has issued a determination denying authorization to the Commonwealth Bank of Australia, Westpac Banking…

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HSBC joins major UK FIs in adopting VocaLink Pay by Bank app

March 30, 2017

U.K. payment systems provider VocaLink has announced that Pay by Bank app, the company's mobile payments service, will soon be available to customers of HSBC…

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For mobile payments adoption, it's the same old story

by Will Hernandez — Editor, NetWorld Media Group

Mobile transactions have a long way to go before they overtake cash use in the US. A recent field test by the payments strategies group of the Boston Fed…

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Paytm launches mobile bill-payment service in Canada

March 17, 2017

New Delhi-based Paytm, has launched its bill-payment service in Canada, making it the first Indian company to debut such a service in the Great White North.

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Industry bodies align to standardize on-device NFC service management

March 15, 2017

ETSI, GlobalPlatform and the NFC Forum have detailed a standardized approach to implementing and managing NFC services across all technologies and platforms…

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Chase agrees to purchase MCX technology

March 13, 2017

JPMorgan Chase intends to acquire MCX payments technology to help expand Chase Pay, the FI's mobile and digital wallet, according to a press release.

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There's Siri for that: RBC adds voice P2P

March 9, 2017

Royal Bank of Canada has launched money transfer for personal banking clients using the Siri personal voice assistant from Apple, according to a press release.

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Study: Digital wallets increasingly interest consumers worldwide

March 3, 2017

Digital wallets continue to gain prominence in smartphones and laptops and dominate the global discussion of new ways to pay, with a mention rate of 7…

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G&D, Caixabank outfit Mobile World Congress visitors with payment wristbands

March 1, 2017

Giesecke & Devrient, in collaboration with CaixaBank, is giving out contactless payment wristbands to Mobile World Congress 2017 attendees.

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Visa expands QR code mobile payments to more countries

February 27, 2017

Visa has announced that mVisa, its QR-based payment service, is now live in India, Kenya and Rwanda, and will soon be available to merchants and consumers in…

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BofA brings Zelle P2P tech to mobile banking app

February 22, 2017

Bank of America has become one of the first banks to integrate Zelle person-to-person payments service within its mobile banking app, the FI has announced in a…

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Way4 m-wallet wins kudos in Ovum Decision Matrix report

February 21, 2017

OpenWay, a digital payments provider, has been recognized by Ovum, a research and consulting firm, for its Way4 mobile wallet solution.

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Report forecasts sharp rise in mobile wallet spend in 2017

February 8, 2017

Global mobile wallet spend is expected to rise nearly 32 percent this year to $1.35 trillion, according to a new Juniper Research study.

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Ghanaian FI aims to enhance customer experience via ATM van

January 27, 2017

Societe Generale Ghana has rolled out a mobile banking van equipped with an ATM enabled for cash withdrawals and deposits, payments, and other digital banking…

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BMO expands mobile wallet options

January 19, 2017

BMO Harris Bank has announced customers can now add the bank's payment cards to Android and Samsung wallets, and that the bank is launching its own BMO Harris…

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Can rewards programs push mobile payments past the tipping point?

by Will Hernandez — Editor, NetWorld Media Group

Mobile payments have caught fire in Europe, where the technology is making inroads on cash. But they haven't made a dent in the US — yet. Does the m-payment…

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