Digital payments
Digital payments
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Steve Geringer is offering a second time at bat for mobile payment technology that struck out: sound innovation that didn't match business realities.
September 6 -
United Kingdom consumers are becoming more comfortable using contactless payments as banks such as Barclays PLC push the technology. But users of contactless payment want to see more retailer acceptance of the technology, new survey data suggest.
September 2 -
More than half of U.S. consumers use at least two credit or debit cards each month for online purchases, and many are wary of the potential for fraud associated with online banking, a study security-software vendor AVG Technologies USA Inc. released Sept. 1 suggests.
September 1 -
Adaptive Payments is entering an already crowded mobile-payment acceptance market with a device that enables merchants to accept PIN-debit transactions on smartphones using a method similar to the company’s e-commerce operation.
August 31 -
Germany’s largest rail system soon will finish a three-year mobile-payments test at its stations and officially offer all passengers the ability to pay for tickets using mobile phones.
August 31 -
In a move exemplifying efforts to move more cash and check payments to credit and debit cards, a national social network of babysitters and parents called SitterPals.com has signed up to use Square Inc.’s service to accept credit card payments for their services, the company announced Aug. 31.
August 31 -
Fiserv has re-branded its Mobile Money and the BankAnywhere mobile-banking products it gained when it acquired Mobile Commerce Ltd. re-naming all the programs Mobiliti.
August 31 -
In announcing during the past week a deal to provide terminals capable of accepting mobile payments at hypermarkets in the Czech Republic and the acquisition of a terminal-servicing company in Italy, Ingenico SA flexed its muscles in the wake of the recent acquisition by VeriFone Systems Inc. of most of Hypercom Corp.’s non-U.S. assets, an industry analyst says.
August 30 -
U.S. Bancorp, one of the first financial institutions to offer mobile fraud alerts to credit card customers three years ago, has expanded its alert program to ATM and debit card holders.
August 30 -
The wireless carriers involved in mobile-payments venture Isis reportedly plan to invest more than $100 million into the project.
August 30 -
Alternative payments provider Dwolla Corp. is adding to its software a feature that locates fellow Dwolla users who are nearby.
August 30 -
UniRush LLC is following the lead of other prepaid card providers and has released a free smartphone application cardholders may use to check their balances and review transaction and funds-transfer histories.
August 29 -
Steve Jobs' resignation raises further uncertainty over Apple Inc.'s payment plan intentions, but Apple patents themselves provide some clues as to where the company may be going.
August 26 -
Despite increasing activity involving mobile payments, consumers still trust credit card companies more than companies such as Google Inc., eBay Inc. or Facebook Inc.
August 26 -
Boku Inc. has inked an agreement with two French wireless phone carriers to offer its carrier-billing service, a deal which will extend Boku’s reach to 32 million customers in France.
August 25 -
A new mobile credit card reader to be offered in the United States by a European startup will accept magnetic stripe cards for payment, but the company is not concerned the U.S. move to EMV cards will affect merchant interest in the device.
August 24 -
Financial institutions that serve military personnel, including USAA and Navy Federal Credit Union, are pressured to provide a wide range of remote access beyond that of traditional branch-heavy banks because the Web and mobile phone are often the only access points that consumers who are stationed overseas have to their financial institution.
August 24 -
In a significant boost to mobile payments in China, the country’s sole card processor China UnionPay Co. Ltd. has formed a partnership with handset maker HTC Corp. to launch a phone with a built-in mobile-payment facility.
August 23 -
A new point-of-sale terminal from Vivotech Inc. capable of accepting Near Field Communication mobile payments and chip-and-PIN transactions could help position U.S. merchants to embrace EMV smart card technology and perhaps save them money on security-standards compliance costs, the vendor believes.
August 23 -
Not only are more banks offering mobile banking, more are also releasing multiple applications to try to appeal to as many types of banking customers as possible.
August 23


