The PayPal vs. Square Battle: Who’s Your Money On?May 22, 2013After 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.
EMV Implementation: Who Is Ready?April 09, 2013With EMV deadlines approaching, merchants, acquirers, issuers and consumers are all going to be affected as new merchant terminals and messaging protocols must be developed and customers need to be educated about what EMV will mean for them.
Javelin Forecasts Big Growth in Mobile Payments By 2018April 03, 2013Javelin released a report today forecasting payments trends at the point of sale over the next few years, with growth expected in mobile payments and further decline in cash and checks.
Adaptation is Key for Banks to SucceedMarch 20, 2013A report from Equifax says that banks need to change how they define themselves internally and externally and adapt their mindset, operations, products and services to better meet customers’ evolving wants and needs.
The Mobile Wallets Race: Placing Multiple BetsMarch 12, 2013Experts at BAI Payments Connect agree that several wallets will emerge successful from the mobile wallets race, and banks need to make multiple partnerships to stay ahead of the market.
8 Model Banks of NoteMarch 01, 2013Analyst and research firm Celent recently hosted its annual model bank awards. Here we highlight some of the notable winners.
How to Make The Jump from Mobile Commerce to Mobile WalletsFebruary 26, 2013Mobile commerce is on the rise but providers need to offer an enhanced customer buying experience to get consumers to pay with their mobile devices at the point-of-sale.
Identity Fraud at a Three-Year HighFebruary 20, 2013A report from Javelin Strategy & Research finds that more than $21 billion was stolen due to identity fraud in 2012.
American Express, Twitter Partner on PurchasingFebruary 12, 2013The company has expanded its partnership with Twitter, which previously consisted of a daily deals program, to include the ability to buy products.
Google Expected to Win Mobile Wallet Wars, Study FindsJanuary 30, 2013A new survey released yesterday by ACI Worldwide found that the majority of retail professionals involved said Google would beat out PayPal and Isis in the mobile wallet wars.
Delaying EMV Migration Risks Significant Losses for U.S. IssuersJanuary 25, 2013U.S. card issuers who delay migration to EMV face a rapidly increasing risk of loss, largely due to the impact of fraud migrating from countries where EMV deployment is more advanced. U.S. issuers should begin to make preparations now.
Early EMV Compliance Benefits U.S. MerchantsJanuary 16, 2013Even though the deadlines for merchants to comply with EMV are a few years off businesses can save money and prevent fraud if they accept EMV as soon as possible.