Digital payments
Digital payments
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MasterCard is working on new mobile payments functions that give shoppers the choice between Near Field Communication chips and QR codes two mobile payments methods that have competed in the market and are typically treated as mutually exclusive.
September 25 -
Italian mobile point of sale company Jusp has launched a mobile chip-and-PIN card reader as a plug-in device, veering from the more common approach of using a separate Bluetooth device.
September 25 -
Three banks in France have launched Paylib, a PayPal-like online payment system and they're betting that France is just different enough that they can succeed on their home turf with a strategy that has had mixed results in the U.S.
September 25 -
PayPals reported plans to acquire Braintree would give it more than just a payment processor that moves $10 billion a year. If this marriage takes place, it would signal a shift in how payments companies think about technology.
September 24 -
As Isis forges ahead with its nationwide launch despite losing the active participation of two of its four issuer partners it's becoming clearer that mobile may not displace credit cards as easily as it can displace prepaid and cash.
September 24 -
If mobile wallets represent the future of payments, a lot of Americans would prefer to keep living in the past.
September 24 -
Facebook is rolling out its Autofill with Facebook function with PayPal, Braintree and Stripe, eliminating the need for consumers to type their billing information on smartphone screens.
September 24 -
The U.S. payments system must continue its push to overcome the challenges inherent in creating a near real-time retail payment option, says Sandra Pianalto, president and CEO of the Federal Reserve Bank of Cleveland.
September 24 -
The European bank UniCredit has picked First Data to develop its mobile-payments offerings for Europe.
September 24 -
Simplee, which provides a cloud-based patient payments system, received a $10 million investment led by Heritage Group, which represents the top hospital systems in the U.S.
September 24 -
Payment terminal maker VeriFone has appointed Paul Galant, previously a Citigroup payments executive, to be its chief executive officer and a member of its board of directors, effective Oct 1.
September 23 -
MasterCard and e-invoicing provider Basware will offer an electronic payments system designed to speed payments and approvals for suppliers and extend payment terms for buyers.
September 23 -
Singapore-based F1Soft International will provide online and mobile money transfer software to Bangladesh Commerce Bank to help customers seeking ways to send money to family members in other countries.
September 23 -
For credit unions, mobile wallets are as much a threat as an opportunity. In an effort to fight back, One Nevada Credit Union is working with several experts on CU Wallet, a credit union-focused mobile payments system.
September 23 -
A substantial majority of payments in the U.S. and Canada are non-cash, placing the two countries close to being cashless, MasterCard reported Sept. 23.
September 23 -
Payment processing software company ACI Worldwide has entered an agreement to buy Official Payments Holdings, a seller of electronic bill payment technology.
September 23 -
PayPal is nearing a deal to buy Braintree Payment Solutions, which would give the eBay subsidiary access to transaction fees from more than $10 billion in payments Braintree processes annually, according to a report in the Wall Street Journal.
September 23 -
MasterCard is actively building payments capabilities for Google Glass, Google's wearable computing device.
September 23 -
A Nevada credit union and two technology vendors will introduce a new mobile payments system on Sept. 24.
September 20 -
Google made two drastic changes to its mobile wallet when it released an NFC-free version for Android phones and then, two days later, unveiled a version for the iPhone. What does the new Google Wallet look like on each device?
September 20



