Cash Not Accepted Here December 02, 2013Smart phones are chipping away at the physical dollar's dominance.
Mobile Banking Best Practices Highlighted at BAI November 06, 2013Some common themes emerged at a BAI discussion around the direction that many leading banks have taken in developing their mobile offerings. Gartner: Majority of Banks Will Turn to Cloud for Processing Transactions By 2016 October 16, 2013Gartner released its IT predictions for vertical industries yesterday, which included forecasts on the growth of cloud in banking and changes in consumer behavior. Low Value Transactions: A Mobile Payments Dilemma October 15, 2013Lowering processing costs cloud open up an opportunity for mobile payments to gain traction in low value payments. EMV: A Game Changer for the USA September 20, 2013The standard brings personal security benefits to cardholders, but EMV can also be a game changer for payment service providers.
Jack Henry Launches Expedited EMV Implementation August 27, 2013The program is available to financial institutions and does not require direct project involvement by card brands for the install.
MasterCard, Visa Team Up on EMV Chip Technology July 30, 2013The partnership is designed to speed the introduction of EMV cards in the U.S. market.
American Express Rolls Out EMV Cards for Corporate Clients April 24, 2013U.S. corporate card holders with the new cards will be able to use the new cards wherever American Express cards are accepted in the U.S. and internationally. Mobile Commerce on the Rise in Asia/Pacific, Says MasterCard Survey March 21, 2013About 40% of online shoppers in Hong Kong, South Korea, and Singapore made a purchase with their phone in the past three months, according to poll.
How Banks Can Compete In the Mobile Shopping Market March 19, 2013By combining targeted coupon offers based on transactional data with a layered shopping experience that includes social media and gaming, banks can win big with mobile shopping apps, and position themselves for mobile wallet adoption. Delaying EMV Migration Risks Significant Losses for U.S. Issuers January 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. Merchants January 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. BofA Merrill Lynch Launches Online PIN Check Service October 17, 2012The service is designed for the bank's corporate clients who use chip and pin cards.
Mobile Shopping Purchases Reach $20 Billion in 2012, Report Says September 28, 2012New research by Javelin shows that tablets are a big driver in the increased use of mobile device for shopping by consumers. 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. Bank of America Merrill Lynch to Offer EMV Cards to U.S. Customers November 08, 2011Beginning in the first quarter of 2012, the bank will offer chip-and-PIN credit cards to U.S. corporate customers who travel abroad. Silicon Valley Bank Deploys First U.S. Chip and PIN Corporate Cards June 07, 2011SVB's new World Elite MasterCard for Business credit cards could benefit corporates traveling abroad. Banking Is Ruined Forever, Or At Least Until Lawmaker Reform Takes Place January 28, 2011A synopsis of the financial crisis. Philippines Takes the Lead in Overseas Call Center Jobs January 10, 2011 PNC Launches Mobile Banking Tailored to Commercial Customers November 15, 2010Pittsburgh-based PNC last week introduced Pinacle Mobile online banking capabilities for financial executives who wish to access commercial services through a mobile device.