Google Enables Payments Through Gmail to Garner Google Wallet Adoption May 17, 2013With 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. Fees On Real-Time Foreign Account Transfers Could Generate $1.1 Billion for Banks, Study Finds May 14, 2013New research from FIS shows that a number of consumers, particularly those that use foreign account transfers, would be willing to pay a fee to get their payments processed in real-time by their primary bank. Real-Time Payments Offers Opportunity to Build Customer Loyalty, Study Finds May 06, 2013Consumers 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. As Mobile Reshapes Payments Business, Fiserv Combines P2P Payments & Mobile Banking Offerings March 07, 2013Fiserv's integration of Popmoney and Mobiliti is intended to enhance the functionality of mobile banking while expanding reach of Popmoney payments network. BlackBerry Announces Mobile Payments Initiative in Indonesia February 11, 2013BBM Money will allow customers to send money via BlackBerry Messenger and make bank account transfers. FIS Launches P2P Payments Solution February 11, 2013FIS People Pay allows banks to offer their customers the ability to send payments directly to other consumers using an e-mail address or mobile phone number.
Dwolla Offers Payments Via Twitter December 13, 2012The payments company is now allowing users to send payments via Twitter by including the recipients handle, the dollar amount and Dwolla's hashtag. Chexar and Visa Deliver Mobile RDC to Prepaid Cardholders October 23, 2012Visa prepaid cardholders will be able to deposit their checks with their mobile devices on to their prepaid cards, gaining immediate access to their funds. Domestic Transfers Reached $195 Billion Over Past Year August 09, 2012A new Javelin Strategy & Research Report examines the account-to-account and person-to-person transfer market.
P2P Payments: Why Banks Need to Dive In Now August 06, 2012Increasing adoption of mobile devices is leading industry experts to predict growth in the P2P payments market in the coming years. Banks need to act now if they want to get in on that action. Western Union Bolsters P2P Payments Operations July 19, 2012With its peer-to-peer electronic transfers business expanding online, Western Union is now partnering with banks around the world to send account based money transfers. Mobile Payments Firm M-Via Changes Name to Boom Financial July 18, 2012The mobile payments company also announced it just closed a $17 million financing round. PayPal Looks to Mobile Payments and Partnerships With Banks to Stay on Top July 09, 2012The P2P market is getting more crowded with new players, but PayPal says it is well-positioned to remain a leader in the market. Emerging Trends in Technology Fuel New Opportunities for the Previously Underbanked, Report Says June 15, 2012A new report by the CSC Leading Edge Forum investigates how changes in technology are empowering consumers, particularly lower income ones, to connect with financial institutions.
Wells Fargo Launches P2P Money Transfer Service May 24, 2012 Fiserv Combines Popmoney and ZashPay to Make One Large P2P Payments Network March 02, 2012The combined P2P payments services will merge under the Popmoney moniker and will serve 35 million consumers. MasterCard Embarks on Partnership to Bring Mobile Financial Services to Underbanked February 23, 2012The card scheme will partner with mobile money providers Comviva, Sybase 365 and Utiba on the project. Barclays Introduces Mobile Money Transfer Product February 16, 2012Pingit will allow any U.K. resident with a bank account to send and receive money via a mobile phone number, experts stress that security implications need to be considered with such products. Sybase and Telefonica Announce Mobile Wallet February 14, 2012The virtual wallet solution, called mWallet, will launch in Latin America and Europe during the first half of 2012. Mobile Payments Investment to Grow in 2012 December 13, 2011A Fiserv/Forrester survey found that financial institutions are looking to ramp up RDC and mobile P2P payments offerings next year.