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EMV card acceptance has often been pitched as a catalyst for mobile wallets, since the terminal upgrades needed to accept EMV-chip cards could also enable contactless mobile payments. But mobile and EMV are not always on the same path.
October 9
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It was a celebration more than anything else, but the honorees at American Banker's annual Most Powerful Women in Banking and Finance dinner Thursday had plenty to say on themes that are sure to resonate.
October 9 -
A Georgia legislative panel hearing Thursday reviewed the issue of surprise billings for medical care, which can confound consumers and lead to difficult collection practices.
October 9 -
Eyeing Kuwait as a hotspot for technology development, online payment provider paysafecard is bringing its prepaid services to the country as a springboard to establishing itself in the Middle East.
October 9 -
Turmoil in energy markets significantly influenced the sale of Tradition Bancshares in Houston.
October 9 -
Consumer loan delinquencies fell sharply in the second quarter ended June 30, thanks to large drops in home loan-related delinquencies, according to the American Bankers Association.
October 9 -
Pat Callahan received high marks for her handling of the Wachovia acquisition the largest in banking history but it was her influence on Wells Fargo's diversity policies and sustainability practices that stand as perhaps the greatest achievement of her 38-year career.
October 9 -
In a new book, PayPal founder and former exec Elon Musk argues that big thinking is missing from PayPal and payment startups. Put another way, NFC and QR codes won't repair the global economy. The problem is Musk's big-picture approach is it would challenge interoperability and ultimately stagnate the very industry he's trying to save.
October 9
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Apple Inc. is rolling out its mobile-payments service for select Starbucks Corp. stores by the end of the year, and will reach 7,500 company-owned stores in 2016, the coffee chain said in a statement. KFC stores and Chilis Grill & Bar will make Apple Pay available in next year as well, Jennifer Bailey, the Apple vice president in charge of the service, said at the Code/Mobile conference Oct. 8.
October 9 - PH
Fed Has Inflation Concerns; Deutsche Banks Goodwill Woes
October 9
