Payments News
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…
read nowWorldpay 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…
read nowBofA 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…
read nowPaysafe 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.
read nowConsumer 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…
read nowStandard 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…
read nowWells 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…
read nowWirecard, 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…
read nowConsumers 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…
read nowMobile 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…
read nowConsumers 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…
read nowMobile 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…
read nowChase, 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…
read nowRestaurants 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…
read nowUK 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…
read nowWells 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…
read nowLG 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…
read nowNorth 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…
read nowApple 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…
read nowAmex 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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