Digital payments
Digital payments
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The number of consumers using contactless Near Field Communication payments may quadruple in the next five years.
October 28 -
Payza, a London-based payment processor, has simplified its account-opening process for businesses.
October 28 -
Apple's Tim Cook and Alibaba's Jack Ma took to the stage separately at a tech conference and spoke about working together on mobile payments.
October 28 -
An older mobile-wallet technology is getting fresh attention at Westpac Bank in New Zealand, which wants to encourage people without the latest iPhone or Android handset to make contactless mobile payments.
October 28 -
A number of large retailers are pushing back against Apple Pay, making clear the power merchants wield in the developing mobile payments market.
October 27 -
Apple Inc.'s bid to replace the consumer wallet with its mobile payment system ran into a roadblock as CVS Health Corp. and Rite Aid Corp. disabled the technology in their drugstores.
October 27 -
With the EMV migration in the U.S. in full swing, fraud is making its own migration to card-not-present (CNP) transactions, and one way to thwart the fraudsters is a digitized card security codeprovided the technology can be produced for a mass audience.
October 27 -
Apple Pay has launched to considerable buzz, but the technology giant has done little to communicate where its new mobile wallet can be used, leaving its partners to fill the void.
October 24 -
PayPal has launched a Canadian version of PassPort, a website designed to help small merchants sell globally.
October 24 -
Apple Pay's launch coincided with the start of SourceMedia's PayThink conference in Phoenix, where executives from many banks and other financial companies provided their impressions of Apple's new mobile wallet.
October 24 -
U.S. Bank has been trying to get iPhones to make contactless payments for a long time, but most of its efforts didn't pan out. The launch of Apple Pay and the rapid advancement of mobile technology may breathe some new life into the bank's old ideas.
October 24 -
The Fed's hotly-anticipated road map outlining plans to speed up the U.S. payment system will call for the creation of several industry-led task forces and recommend building a new infrastructure to facilitate real-time payments.
October 23 -
Credit unions make up a substantial number of the financial institutions that have enrolled with Apple Pay, and some unofficial lists suggest the majority of early uptake is coming from credit unions.
October 23 -
Online art marketplace Etsy is offering a mobile card reader, Sell on Etsy Reader, to its sellers for free, allowing them to transact in-person.
October 23 -
Bank of America was quick to address an early issue with double-charging Apple Pay users, but the damage to consumers' perception of mobile payment technology may prove to be longer-lasting if more glitches occur.
October 23 -
Yapital Financial, of Luxembourg, is partnering with Goodgame Studios to handle sales of virtual goods.
October 23 -
Shopkick has launched its mobile commerce and rewards service in Germany with a group of the country's largest merchants.
October 23 -
The movement to develop a faster U.S. payment system has a new, influential convert.
October 23 -
PHOENIX Rather than simply support Apple Pay, banks need to go a step further to develop their own mobile wallets that interact with merchants for rewards and offers.
October 23 -
Scattered reports of double payments and failed transactions have begun to bubble to the surface after what initially looked like a relatively smooth introduction of Apple Pay.
October 22



