MasterCard Contactless Payments Tripled In Europe Last Year April 08, 2014European adoption of MasterCard contactless payments is growing and could be setting the stage for mobile payments adoption there. National Retail Federation Appeals Card Swipe Settlement January 03, 2014The industry advocacy group claims a recent settlement of a class action lawsuit between retailers and MasterCard and Visa was flawed.
How Retailers Could Dominate the Mobile Payments Market November 12, 2013The concept of the mobile wallet hasn’t gained a foothold with consumers, which could open up an opportunity for merchant apps to grab the mobile payments market. Jerry Silva To Lead Global Retail Banking Practice At IDC Financial Insights August 20, 2013Areas of focus for the long-time financial technology industry expert will include IT governance, customer channels and back office. Amazon Launches Digital Currency for Kindle Fire Customers May 13, 2013After filing an application for a mobile wallet patent last month, Amazon continues to make moves in payments by adding a new digital currency, Amazon Coins, for its app store. Google Wallet Head Osama Bedier Quits May 09, 2013Osama Bedier, the head of Google Wallet, has quit the company after two years in charge in which the solution has failed to gain widespread appeal. Mobile Point of Sale Solutions Could Increase Consumer Card Payments By More $1 Trillion A Year, Study Says April 30, 2013A new report by Javelin says there are nearly 20 million merchants who could start accepting card payments as a result of wider adoption of mobile POS solutions. Rewarding Customers and Calming Security Concerns Key to Mobile Payments Adoption, Survey Finds April 29, 2013In a recent survey by Accenture, smartphone owners picked security as their top concern in adopting mobile payments, and showed interest in value-add features for mobile payments like coupons and rewards points. Javelin Forecasts Big Growth in Mobile Payments By 2018 April 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. How Banks Can Leverage Marketing and Analytics Platforms To Secure and Maintain Significant Marketing Budgets from Retailers March 28, 2013Marketing offers for consumers based on transactional data gives banks an opportunity to draw revenue from retailer partnerships. The New Ecosystem for Mobile: Technology Alliances for M-Payments and M-Banking March 21, 2013Should banks view other service providers in the mobile payments market as friends or foes? PayPal Introduces Mobile Point of Sale Solution For iPad March 14, 2013PayPal launched an iPad version of its PayPal Here mobile mobile card reader solution that competes directly with Square’s card reader. Google Expected to Win Mobile Wallet Wars, Study Finds January 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. 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. Digital Wallets Turn A Corner November 30, 2012The beginning of the holiday season has brought some positive tidings for the growth of mobile wallets. Bank Systems & Technology looks at the road - and challenges - ahead.
Guitar Center Accepts PayPal In-Store November 19, 2012National musical instruments retailer Guitar Center is now offering PayPal mobile and card payments at the point-of-sale. Huntington Bank Scores Highest in Small Business Customer Satisfaction, Report Says November 12, 2012J.D. Power and Associates released a new report last week showing lower levels of customer satisfaction among small business banking customers than retail customers. Walmart Takes on Banks October 08, 2012The retailing giant and American Express have teamed up to offer an alternative to traditional checking and debit accounts. Fifth Third Expanding Remote Currency Manager Services September 11, 2012The Cincinnati-based bank is partnering with Loomis Armored courier service to provide its RCM services to more retailers nationwide.
Moving Forward Mobile Payments August 16, 2012The Merchant Customer Exchange partnership between major retailers has a chance to be a major force in growing mobile payments adoption.