3 Ways Ontario, Canada Is Leading the Charge in Mobile Payments September 27, 2013MasterCard ranked Canada as the second most prepared country in the world for widespread mobile payments adoption. Here are some of the reasons why.
Apple, Always the Elephant in the Mobile Payments Room September 26, 2013As Blackberry and Samsung have enabled NFC on all of their new handsets sold in Canada, Apple has conspicuously refused to join the growing mobile payments market. Mobile Payments and Our Neighbors to the North September 24, 2013This week BS&T will be examining the development of the mobile payments market in Ontario, Canada, and looking for lessons that could apply to the U.S. market. The Death of the NFC Mobile Wallet? September 18, 2013Developments in the mobile wallet space this week seem to indicate a shift towards cloud-based payment methods.
Mobile Wallets: Hype Vs. Reality August 12, 2013Many consumers still haven't yet been convinced that paying with a mobile device is any more convenient than using their credit cards.
Isis Will Include Prepaid Accounts In Mobile Wallet August 09, 2013The mobile wallet venture will include American Express Serve prepaid accounts for users when it is rolled out later this year. Isis Poised For National Rollout Later This Year August 01, 2013The mobile wallet provider has already been piloted in select markets.
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.