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Payments News

Startup chimes in on mobile-only banking

May 20, 2016

Chime, a mobile-only banking scheme, has announced a suite of new features including Apple Pay and, separately, a new service to instantly pay friends and…

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Barclays launches alternative to Android Pay

May 13, 2016

Barclays is not waiting for Android Pay to launch in the U.K. and has introduced its own alternative, Barclays Contactless Mobile.

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French consumers blasé about mobile wallets, contactless cards

May 10, 2016

France has the lowest card penetration in Western Europe, with less than one payment card in circulation per person, according to research firm Verdict…

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Cachet inks deal for prepaid mobile partnership

July 17, 2015

Sole Financial's Visa Paycard program will now feature a mobile app that cardholders can use to pay their wireless bill, transfer funds and reload money.

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Study: Most US consumers favor bio ID to prevent financial fraud

June 16, 2015

One in four US consumers would even be willing share their DNA with their bank to secure financial and personal information, a new report reveals.

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Immobilized: Nearly half of US consumers couldn't go a day without their smartphone

July 1, 2014

More important than a toothbrush? A new US Bank study drives home just how indispensable U.S. consumers consider their mobile devices — including for mobile…

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Cumberland Building Society extends relationship with Alaric, NCR

June 4, 2014

The U.K.-based financial institution has deployed the U.K. Payments Council’s Paym mobile payment service using Authentic and Fractals software from Alaric, an…

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Mobile RDC catches on in Canada

May 28, 2014

Canadians have deposited more than 1 million checks via mobile phone since the Canadian Payments Association approved a rule last year allowing mobile remote…

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Study finds mobile and tablet banking key to customer retention

May 21, 2014

Banking via mobile device is fast becoming a preferred way for consumers to conduct their banking activities and manage financial information on the go. New…

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British consumers nearly double their mobile banking transactions

April 1, 2014

British consumers last year moved away from conducting bank transactions at branches and nearly doubled their use of mobile banking channels, according to a…

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Australian consumers expect widespread mobile wallets by 2021

March 21, 2014

Australian consumers expect to ditch their physical wallet in favor of a mobile one by 2021 as the popularity of contactless card and smartphone payments…

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The iPhone security scare: Is LoopWallet a solution?

February 26, 2014

For some time, it's been a matter of debate throughout the financial services world whether information stored on a mobile device is truly secure — or can be.

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Square turns on money request app

February 17, 2014

Square Cash, a new money request feature from mobile POS provider Square, allows users to request money from other people or groups by using the Square Cash…

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JETCO rolls out mobile NFC in Hong Kong and Macau

February 13, 2014

Joint Electronic Teller Services Ltd. is rolling out mobile NFC payments in Hong Kong and Macau with its member banks using the Gemalto LinqUs trusted service…

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Pay in-pay out network bridges the digital divide

February 4, 2014

Historically, ATM and POS network operators have been locked into card-based payments acquiring relationships that offer few options for generating additional…

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Mobile money transforms Kenyan banking market

January 27, 2014

Sixty percent of Kenyans now use their mobile phone for banking transactions and 64 percent of Kenyans send or receive money locally through their mobile…

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T-Mobile offers low cost banking with prepaid Visa card

January 22, 2014

T-Mobile U.S. is offering a raft of cheap banking services with its new reloadable T-Mobile Visa prepaid card, issued by The Bancorp Bank.

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Mobile money services more popular than banks in Kenya

December 16, 2013

The use of mobile money services in Kenya has grown sharply in the last five years to overtake banks, according to the country's latest Fin Access National…

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Co-op digital wallet to provide pay-anyone payments and global mobile access

December 5, 2013

Co-op Financial Services has introduced a new version of its Sprig digital wallet platform with new services from its long-standing business partner…

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Infosys survey: Banks looking to mobile to lead innovation

October 23, 2013

Banks increasingly feel the need to innovate, according to a new survey, and they're looking to mobile to lead those efforts.

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