Technology
Technology
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German mobile payments startup SumUp failed to deliver on plans announced last year to invade the U.S., challenging Square on its home turf, but it wasnt due to fear of the competition. Merchants were just much slower to act on EMV than SumUp expected.
September 15 -
Millennials hate banks so much, theyd rather go to the dentist than listen to what banks have to say. And digital payment alternatives are taking advantage.
September 15 -
While Barclays was slow to warm to Apple Pay in the U.K., the bank's aggressive development of its own bPay contactless payments technology has continued unabated with deployments ranging from gloves to saddles.
September 15 -
Regulations proposed by New York State regulators provide stricter and more specific guidance than banks have received from the federal agencies, especially in areas like data encryption and multifactor authentication.
September 15 -
Financial services technology provider Fiserv on Wednesday doubled down on its support of the credit union movement, as the company pledged its support to the America's Credit Union Museum Legacy Campaign and to the Filene Research Institute for one of its Centers of Excellence.
September 15 -
The latest iOS update will soon enable many consumers to initiate payments via voice command, but a German bank is one of the first to take its service live.
September 15 -
For large banks, the risks of partnering with marketplace lenders do not matter. But small community banks can't afford to partner with competitors angling to poach their customers.
September 15 -
Even with advanced technology, fraudsters need a lot of help to get their hands on secure payment or personal data. One in five businesses apparently are unwittingly providing that help by not performing any security testing, according to new research.
September 14 -
Hari Gopalkrishnan, Bank of America's managing director of client facing platforms technology, is adamant that the bank doesn't need to have its own mobile wallet today.
September 14 - PSO content
National Australia Bank will soon introduce several upgrades to its mobile banking app, including a feature that lets customers pay with Visa cards through the NAB app.
September 14 -
When a mobile banking vendor told a San Antonio Federal Credit Union it didn't have the capabilities it wanted, the institution took a note from Facebook's strategy with Messenger and created a companion app.
September 14 -
Electronics giant Best Buy will accept Chase Pay mobile payments in its stores, a move that clarifies the Merchant Customer Exchange's new role as distributor for Chase's QR-code-based system.
September 14 -
Ant Financial, the payments affiliate of Alibaba Group Holding Ltd., acquired EyeVerify Inc., to expand services using the U.S. startups biometric authentication technology for securing consumers online data and transactions.
September 14 -
Annual innovation competition brought together approximately 200 people focused on the next big tech breakthrough for CUs.
September 14 -
New Orleans--When Dunkin Donuts launched its mobile app in August of 2012, it was already three years behind Starbucks, a pioneer in mobile payments. To make a meaningful impact, it had to do something different.
September 13 -
Product adoption rates for consumers who dont use digital banking services are near zero, compared to 58.4% for those who do use those services.
September 13 -
Payment processor and financial services technology provider Jack Henry & Associates has integrated its Banno Mobile application into its bank and credit union core platforms to streamline access to mobile banking, bill payment and person-to-person payments.
September 13 -
NEW ORLEANS -- What do millennials really want from their financial providers? Bankers with average customer ages in baby boomer territory puzzle over this question every day.
September 13 -
WASHINGTON New York Gov. Andrew Cuomo on Tuesday announced the proposal of a state regulation requiring banks to develop and maintain a cybersecurity program. The plan, the first of its kind in the nation, could have far-reaching effects on some of the nation's largest banks.
September 13 -
Member Driven Technologies on Monday announced the addition of MEA Financial to its partnership program, and with it a text-based offering known as "Text Concierge by MEA" that will bring a "new and convenient touchpoint" for member service to all MDT clients.
September 13


