Mobile payments

Interac's e-transfer system has jumped in usage, and has become a gateway for myriad other services including a collaboration with MoneyGram.

Due to new and advanced analytical and analysis practices such as shopping behavior analysis, customer data, including credit card info, now travels to different teams within the organization, multiplying the opportunities for data leakage and exposure, writes Yo Delmar, vice president of GRC Solutions at MetricStream.

Judopay, a London-based startup enabling merchants to accept mobile payments through a turnkey process, has formed a partnership with Visa’s CyberSource unit to extend the startup’s reach to international customers.

Assemble allows Mastercard partners or issuers to provide checking, budgeting and payment features, as well as additional money management.

It may not yet be apparent, but we are on the cusp of a seismic change in our relationship with the automobile. This change will have significant implications for stakeholders in the banking and payments landscape.

Kenneth Montgomery will chair the Secure Payments Task Force, which is made up of more than 200 industry stakeholders who are working on a faster payment system in the U.S.

Establishing trust, especially when it comes to online payments, is critical. People need to feel secure and confident that their personal boundaries won’t be crossed or their information misused, writes Rik van't Hof, director of product management front-end for Ingenico e-commerce.

Garmin Pay launched earlier this year and went live last month. Other banks that support Garmin Pay include Bank of America, Capital One, U.S. Bank, several U.S. credit unions and a growing number of international banks, including Russia’s Sberbank.

America’s largest lenders made an epic mistake a decade ago when they cashed out of Visa and Mastercard through initial public offerings, says Chenault, who will step down in February as CEO of American Express.

New York's World Trade Center-based Oculus will host Chase Pay Village until Jan. 7 with an emphasis on holiday wares. Part of its mission is to determine which of Chase's mobile wallet features — if any — are most compelling to shoppers.