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Payments News

Fed Study: Mobile banking a rising trend

April 2, 2013

The Federal Reserve Board has released results from its second survey of mobile and financial services and the results show that mobile banking is on the rise.

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Study: Mobile wallets: the US landscape

March 28, 2013

Growing consumer use of smartphones is creating a market for mobile wallets capable of serving many of the same purposes physical wallets served for centuries.

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Interac and partners demo Canada's first contactless mobile debit scheme

March 27, 2013

ATM and debit network Interac today heralded the first NFC mobile debit transaction to take place in Canada. But more than a first for Canada, the transaction…

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US Bank gives mobile photo billpay a shot

March 8, 2013

U.S. Bank announced in December that it was partnering with San Diego-based Mitek to bring a remote capture billpay solution to its customers. Now the two have…

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Square concedes to need for cash

February 28, 2013

Mobile point-of-sale provider Square seems to have concluded that something was missing from its high-tech mobile POS business model — a low-tech component…

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Acculynk, PULSE partner on P2P payments

February 20, 2013

ATM and debit network PULSE has announced it's enabling Acculynk's Payzur debit-based peer-to-peer payment solution across its network. The upshot of the…

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UK Payments Council foresees mobile eclipsing plastic

February 19, 2013

The Payments Council, an organization representing the interests of the U.K. payment industry, has released a new report on the way Britons pay for things.

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Banks, credit unions get white label P2P solution from FIS

February 11, 2013

Bank tech provider FIS has announced a new peer-to-peer mobile payment product called FIS People Pay, a white label product aimed at financial institutions.

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FIS acquires mobile banking startup mFoundry

January 31, 2013

Add mobile banking to the list of services FIS will offer to FIs. The banking and payments technology giant announced today that it has agreed to acquire…

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NACHA council issues guidelines for QR code use in bill payment

January 29, 2013

ATM operators who offer bill payment at their machines — or plan to — should take note of newly released guidelines for the use of QR codes for bill payment…

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Cardtek USA adds NFC mobile to EMV support capabilities

January 8, 2013

Cardtek USA, a division of financial transaction software provider Cardtek Group, has added NFC mobile expertise to the technology support capabilities at its…

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SCA summit keynotes to address progress on EMV migration

December 18, 2012

In keynote speeches, senior execs from American Express, Discover, Isis, MasterCard, Visa and the Utah Transit Authority will discuss the progress of EMV…

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NFC market booms as the technology exits 'trial phase'

November 26, 2012

?The mobile NFC market isn't just growing — it's exploding, suggesting that contactless payments could quickly become the norm. Emerging technology forecasting…

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ATMs, mobile money both growing in Kenya

November 26, 2012

The popularity of mobile phones and plastic for financial transactions is rising in Kenya, while the use of ATMs is falling. But that's not the whole story…

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Study: Customers want their banks to offer e-wallets

November 14, 2012

Consumers are open to a variety of electronic-wallet business models, but what they want most is for their primary financial institutions to offer them.

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For holidays, it's lumps of coal for credit, mobile payments

October 26, 2012

Consumers plan on making it a green Christmas by using cold cash for holiday purchases and keeping their credit cards and smart phones snug in their beds.

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TransCentra adds SAAS delivery of RDC

October 2, 2012

TransCentra, a provider of billing and payment software and services, has announced that its remote deposit capture product is now available via…

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Fiserv sees growing demand for mobile banking, payments

September 18, 2012

Financial services technology provider Fiserv has announced that more than 1,100 financial institutions have now selected the company to provide their mobile…

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ABI singles out leaders in contactless technology

September 17, 2012

NXP, Gemalto, and Ingenico are the three highest ranked vendors within ABI Research's latest competitive assessment, which consists of market shares and three…

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EMVCo, NFC Forum team up to optimize NFC testing processes

September 5, 2012

EMVCo, the EMV standards body collectively owned by American Express, JCB, MasterCard and Visa, has signed a collaboration agreement with the NFC Forum, a…

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