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Payments & Cards
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Bank customers should be able to to apply for products and services at their bank through the device and channel of their choice, says Aite Group.Be the first to comment
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71% of nearly 900 qualified respondents say m-commerce is very or extremely important to their organizations, yet just 26% have comprehensive strategies in place now. That spells opportunity.
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After PayPal launched a program last week offering free transaction processing for merchants who switch to its point of sale card reader, Square hit back yesterday by announcing it will be offering a P2P payments service via email.
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At the recent SAS Financial Services Executive Summit, bankers gained insights into how to address the challenge of aligning technology and business in the age of big data analytics.
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The bank has launched its first mobile app after intensive customer research.
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A report from research firm IDC also found that Windows Phone gained market share.
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While many banks are rethinking their long-term strategy for expensive branch networks, there are steps banks can take now to reduce costs and inefficiencies in the branch while providing a better customer experience.
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With Google Wallet under-performing in the last couple years, Google is now integrating its wallet into Gmail to allow users to send money through the popular email service.
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The card company and the Consumer Federation of America have outlined common fraud tactics for consumers to be aware of.
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With many Latinos in the U.S. accessing the internet primarily through a mobile device, the CFPB has optimized its new Spanish language website for an interactive mobile experience.
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With more customers interacting with their financial institutions through the mobile and online channels, new marketing solutions targeting these digital customers emerge at Finovate Spring.
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Banks have lost a great deal of public trust since the financial crisis, but they can recover some of that trust by fulfilling consumers’ desire for innovative and convenient mobile solutions.
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After filing an application for a mobile wallet patent last month, Amazon continues to make moves in payments by adding a new digital currency, Amazon Coins, for its app store.
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The card scheme is enhancing its Visa Offers rewards program to include customizable content and real-time offers.
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Simplicity Bank gains automated controls and improves mobile device security without adding headcount by adopting AirWatch Mobile Device Management.
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Google says frequent smartphone users spend 25% to 50% more while shopping than moderate smartphone users do.
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The Canadian bank announced its mobile payments app will now be available for Android smartphones.
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Osama Bedier, the head of Google Wallet, has quit the company after two years in charge in which the solution has failed to gain widespread appeal.
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Banks can leverage current assets to grow their share of the younger and underbanked customer segments through prepaid products, as long as they keep in mind what these customers are looking for.
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Chase’s Ink card holders will now be able to photograph and store receipts with Chase’s Jot app for small business customers.
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A report from the Federal Reserve Bank of Boston states that the past two years in the mobile payments market were characterized by an expanding fragmented market environment and frequent technology innovations.
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Consumers are not only interested in real-time payments, but they’d prefer their primary financial institution to be their real-time payments provider, a recent FIS study suggests.
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Innovation, mobility and big data were among the big themes discussed during the three-day event in Boston.
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The industry group has formed a task force to assess the mobile point of sale market in North America and Europe.
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Regulation offers valuable business opportunities for financial services firms in 2013 and well into next year.
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