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Payments News

Mobey Forum explores mobile wallet strategies for FIs

October 17, 2013

Mobile banking collaborative Mobey Forum has released a new white paper, "Mobile Wallet: Strategic Options for Banks." In it, the forum posits that if FIs are…

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PayPal joins ATM makers with QR code-activated transactions

October 8, 2013

In the process of developing smartphone apps that enable cardless, pre-staged ATM transactions, manufacturers mostly settled on QR codes as cardholder…

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Did Capital One just say no to NFC?

September 23, 2013

In February, Isis, the NFC joint venture between AT&T Mobility, Verizon Wireless and T-Mobile USA, announced that Chase, Capital One and Barclaycard had…

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FTC official will talk payment regulation, trends at Washington summit

August 22, 2013

The Federal Trade Commission has staked out a leadership role in potential regulation of the mobile payments landscape. And in a keynote address at the first…

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Pulse debit/ATM network turns to Paydiant for mobile commerce solution

August 1, 2013

The debit/ATM network Pulse has enlisted Paydiant, a provider of a cloud-based mobile wallet and offer redemption platforms, to provide a mobile commerce…

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Diebold, Paydiant team up on cardless cash withdrawal

July 19, 2013

A partnership between Diebold Inc. and mobile wallet provider Paydiant will allow consumers to use their smartphone, rather than their debit or credit card, to…

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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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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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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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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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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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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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