Digital payments
Digital payments
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Forget about Bitcoin or other digital currencies. Consumers already have an alternative to cash reward points and the fast development of mobile wallets will enable them to spend these points widely.
June 18 -
The most striking thing about Apple Pay's recent loyalty announcement is that it included no loyalty program for Apple Pay.
June 18 -
Earvin "Magic" Johnson has made several moves in the payments industry over the years, and the latest puts him on Square's team.
June 17 -
The nature of fraud in the U.S. is about to change radically, as fraudsters adapt to EMV security at the point of sale by shifting their attention to e-commerce channels. Accompanying this shift are changes to the consumer's role in spotting fraud but this could be as much a burden as it is a benefit if banks and merchants are not careful.
June 17 -
Android Pay's announcement lacked the jaw-dropping excitement of last falls Apple Pay release. As you can tell from the name, the Android Pay playbook is remarkably similar to Apple Pay.
June 17 -
Starbucks says it will offer its mobile order-and-pay application to customers at stores in 21 more states in the southern and central U.S.
June 16 -
Ecobank Transnational Inc. and MasterCard have agreed to promote electronic payments throughout Central and West Africa, accelerating use of payment cards for consumers and mobile card readers for merchants.
June 16 -
Azimo, a mobile remittance startup out of London, has raised $20 million from investors at Frog Capital, MCI Investments, Greycroft Partners and e.ventures, according to a report in TechCrunch.
June 16 -
First Data likens its new Clover Mini payment terminal to Apple's product line: it's a device made to fill a niche that everyone else thought was already being served.
June 16 -
After several years of dormancy, Apple resurrected Near Field Communications (NFC). However, it remains to be seen if NFC will ultimately prosper and become the kind of ubiquitous payment technology that today is unique to payment cards.
June 16 -
MasterCard will begin offering tokenization for app, e-commerce and recurring payment programs as it expands MasterCard Digital Enablement Services (MDES).
June 15 -
Square Inc. will eventually be a publicly traded company and could conduct an initial public offering this year if it wanted to, its former chief operating officer said.
June 15 -
BBVA has not been afraid to grasp new payments technology and run with it, especially with its BBVA Wallet.
June 15 -
As Apple Pay grows, the security of Apple's mobile devices becomes more critical. With fingerprint identification built into every new iPhone built since 2013, why is Apple now strengthening its rules for PIN authentication?
June 15 -
The mega-banks' P2P venture, clearXchange LLC, has developed technology that could give it a key role in any implementation of faster payments in the U.S.
June 15 -
Consumers in the Asia-Pacific region no longer view the MasterPass wallet as an option only for big-ticket purchases.
June 12 -
The explosive growth of mobile applications has inspired financial firms to create tools that aim to make it easier for customers to save, budget, pay bills and send money to friends and family. But the rise of the app has also opened up financial firms to a host of security issues and privacy concerns.
June 12 -
Jack Dorsey is following in the footsteps of his Silicon Valley idol Steve Jobs.
June 12 -
Apple's plan to launch Apple Pay in the U.K. with the support of a solid number of issuers came as no surprise except for the omission of Barclays, the leading issuer and acquirer in the country.
June 12 -
Apple is doing a lot more with its mobile wallet, with a focus on making Apple Pay a more palatable option for retailers. The company is also making moves to beef up the features visible to consumers and expand to new regions.
June 11



