Mobile Payments Marked by Fragmentation and Increasing Channel Convergence, Says Fed May 07, 2013A 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.
Mobile Payments Heat Up in Canada January 31, 2013CIBC Bank's Steve Tyers, VP of e-channels products and marketing, discusses the bank's plans for mobile following its launch of an NFC-based mobile payments app late last year with BS&T associate editor Jonathan Camhi. NFC Moves Forward With Case-Based Payments January 11, 2013U.S. Bank is among those testing an NFC-enabled iPhone case
PayPal's President Weighs in On Payments Disruptions Coming in 2013 December 18, 2012David Marcus, PayPal's president, offered up his predictions for the innovations to come in the payments in 2013 yesterday on PayPal's blog. Mobile Payments Will Top $1 Trillion by 2017, Report Finds November 16, 2012IDC Financial Insights, a research firm, released a new study predicting rapid growth in m-commerce and NFC payments over the next five years. MasterCard Pushes Contactless Payments in the Middle East October 19, 2012MasterCard announced that it will soon install more than 1,000 terminals at merchants in the United Arab Emirates for its PayPass contactless cards initiative. Isis Set to Debut in October October 18, 2012The mobile wallet, a joint venture between T-Mobile USA, Veirzon Wireless and AT&T, will use NFC technology.
Issuers Should Make Infrastructure Migration to EMV and NFC Simultaneously, White Paper Argues October 05, 2012A new white paper by Frost & Sullivan outlines the importance of preparing for next generation payments solutions like NFC as issuers and acquirers make the shift to EMV. Wild Ride Ahead As Banks Tackle Mobile Payments and Digital Initiatives October 04, 2012The digitization of bank IT is driving change in the industry, forcing banks to create new business models and forge new partnerships to succeed, says Citi's Gary Greenwald, a 2009 Elite 8 honoree. ELITE 8 2012: Dominic Venturo Blends New Mobile Technology With Innovation To Provide Better Customer Service September 24, 2012U.S. Bank chief innovation officer for payment services Dominic Venturo understands the importance of cutting-edge technology to the bank customer experience. But he never loses sight of the importance of a good relationship, either. Cloud vs. NFC: What the iPhone 5 Says About Where Digital Wallets Stand Today September 19, 2012Apple's decision to disregard an NFC component in the iPhone 5 illustrates just how far the technology is from adoption - and may present an opportunity for cloud-based digital wallets. MasterCard Releases PayPass Developer Kit September 18, 2012The interface is available to financial institutions, merchants and third party developers to build new mobile applications that can integrate PayPass' contactless payments capability in a smartphone. No Apple Mobile Wallet…For Now September 13, 2012The much-ballyhooed iPhone 5 did not feature NFC capabilities, which many thought it would. Visa, PayPal Top Mobile Wallet Report September 10, 2012A Javelin Strategy & Research survey found consumers value trust, innovation and privacy most of all when considering a digital wallet product.
Is Apple Preparing a Mobile Wallet? August 28, 2012Leaked photos of the next generation iPhone purportedly show an NFC chip as part of the device. MasterCard Embarks on Mobile Payment Partnership with U.K. Telco August 28, 2012The five-year deal involves developing mobile and digital payment solutions for Everything Everywhere’s 27 million U.K. customers. VeriFone Cashes in on Nigeria's Cash-less Payments Initiative August 23, 2012VeriFone reports receiving 80,000 orders for new payments systems in Nigeria, which is trying to update its payment infrastructure to modernize its economy. Australian Bank Launches Android Mobile Contactless Payment App August 07, 2012Australian Bank Westpac has partnered with MasterCard to launch a pilot app for mobile payments. Winning the Mobile Wallet Race August 06, 2012The providers that drive benefits for financial institutions, retailers and consumers will emerge from the pack. Tapping the Payments Opportunity: Creating an Integrated Payments Business August 03, 2012A fully integrated payments business provides banks with the best opportunity to compete.