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The era of banks and fintech companies cozying up to each other is in full bloom. Fintechs realize they can better disrupt the industry from within, while banks are looking for partners to help them navigate the digital world. Here's a look at how banks worldwide are buying, investing in and in some cases lending to fintech firms.
August 26 -
Near Field Communication tags stickers embedded with wireless technology were seen as a bridge technology for contactless payments in the U.S. before phones came with NFC built-in. In India, however, NFC tags are proving to have a much longer shelf life.
August 26 -
Apple Inc. is planning a new iPhone feature for Japan that will enable users to pay for mass-transit rides with their smartphones instead of physical payment cards. A future iPhone will include technology called FeliCa, a mobile tap-to-pay standard in Japan developed by Sony Corp., according to people familiar with the matter.
August 26 -
The refrain is familiar by nowhealth care payments are more complicated than consumer payments and require special technology and products. But there's another difference between health care providers and the rest of the world, one that's just as vexing and equally attractive to technology vendors.
August 25 -
For many JPMorgan Chase customers and Android device users, a hint of a marriage between the large issuer and the prevalent mobile wallet is welcome news.
August 25 -
It would have to take something big for consumers to flock to a mobile wallet en masse. Whether it meant to or not, California-based RadPad found out what consumers wanted, but it wasn't prepared for the aftermath.
August 25 -
The Near Field Communication (NFC) payment rings Visa launched at the Rio Olympics earlier this year are now available to the general public.
August 24 -
ClearXchange has access to a majority of the market's online banking accounts as it takes on Venmo, but there's one thing it may not have.
August 24 -
Shopify's already getting a lot of e-commerce business from the U.K., a record of success the Canadian company hopes to extend by offering its point-of-sale and card reader to local merchants, a move that will put it in competition with a variety of companies chasing a market that's poised for growth.
August 23 -
Industrial Credit and Investment Corporation of India has launched a payment service through its mobile banking app using smartphone keyboard technology developed at one of its mobile development challenge events.
August 22 -
Carrier billing provider Boku will offer its service in Lithuania through an expansion of its partnerships with Google and Bite.
August 19 -
Merchants aren't letting banks do all the innovation in mobile payments. Several companies are forging ahead with their own unique takes on app-based payments.
August 19 -
A new national push for financial inclusion in India is getting results, triggering a recent surge of growth for RuPay, India's evolving domestic payments scheme.
August 19 -
After the whirlwind of payments innovation in 2015, 2016 has felt rather stagnant in comparison for many payment technology enthusiasts. What is the story behind this lull and what does it mean for the future of Fintech?
August 19
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For the first time, EMVCo, the card network-operated EMV standards body, has established an approval process to formally certify that contactless mobile payment devices can operate at EMV approved terminals.
August 18 -
Phillips 66 is the third major merchant to come aboard for JPMorgan Chase & Co.s upcoming launch of Chase Payalongside Starbucks and Shell Oiland the byproduct of this deal is an overhaul of the gasoline and convenience retailers existing, relatively bland apps.
August 17 -
Visa is bringing its QR-code based mobile payment system to Nigeria this year.
August 17 -
Grocery stores are well-oiled machines, with the placement of every product carefully researched to guide the shopper from one item to the next. But even this process has some room for improvement.
August 17 -
Not many people have taken the plunge to use mobile payments full-time, but a very high number have dipped a toe in the water.
August 17 -
Finding the right mPOS solution can be difficult. Demanding flexibility and device agnostic technology from partners can go a long way toward making a successful decision.
August 17
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