Technology
Technology
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Nearly 80 percent of U.S. consumers responding to an online poll said they are aware that they could be using digital wallets, but not nearly as many actually do.
July 23 - PSO content
Payment providers and licensed operators need to work together to educate consumers, banks and credit card companies in order to improve the overall experience and help reverse the slow adoption of online gaming in the U.S.
July 23 -
MasterCard is planting its roots deeper into mobile commerce as a growing number of rivals try to edge it out of the market.
July 23 -
The bank's adoption of scheduling technology underscores the fact that, while branch traffic is declining, most sales of loan, deposit or investment products are still made at the branch. It's also further evidence that banks are using technology to engage with customers who are visiting branches less and less.
July 22 -
Discover Financial Services reported a rise in quarterly profits on strong growth in its loan portfolio.
July 22 -
Red Pocket Mobile, a wireless company that offers contract-free phone and Internet service, is using Zipmark to allow customers to use digital checks to top up their accounts.
July 22 -
Amazon has released a beta version of an Amazon Wallet App that is currently focused on shopping and discounts, though it could serve as a launch pad for mobile payments.
July 22 -
Bluetooth beacons, which can transmit offers to a nearby customer's smartphone and payment data to a merchant, have huge potential. But to get the most out of beacons, merchants have to place several of them throughout their stores, increasing the overall cost of deploying what is still a very new technology.
July 22 -
Nintendo's Wii U video game console, which has a Near Field Communication reader built into its controller, is finally putting that technology to use to accept payment cards.
July 22 -
Between the proposed virtual currency regulations in New York and those already established in Texas, the future of Bitcoin would be brighter if more states follow the Lone Star State's example, says Jacob Farber, senior counsel for Perkins Coie LLP.
July 22 -
Cardtronics Inc. (CATM) is set to buy Welch ATM for $160 million, expanding the ATM provider with an additional 26,000 kiosks.
July 21 -
Apple's partnership with IBM is big and dramatic, but its unclear if it will offer anything bankers don't already have access to.
July 21 -
Investors have never been shy about treating Bitcoin as an investment rather than a spendable currency, but the companies that operate in the digital currency space have had a harder time attracting capital.
July 21 -
A PayPal-run promotion provided a measurable mobile payments boost for Van Leeuwen Ice Cream Artisans, suggesting there's an appetite for a type of mobile payment that rival companies like Square have abandoned.
July 21 -
As the U.S. shifts to EMV-chip cards to improve security at the point of sale, fraud will move online, and ACI Worldwide is preparing for that challenge. The payment technology company's $205 million purchase of ReD will help it close up vulnerabilities in card-not-present transactions.
July 21 -
San Francisco-based payments startup Stripe has launched in Australia and is reportedly testing its technology in Scandinavian countries.
July 21 -
Monitise, an e-commerce firm in London, said on Monday that it has expanded its mobile banking partnership with IBM. The announcement comes less than a week after IBM signed a partnership with Apple to create business apps for iOS devices.
July 21 -
Scivantage is launching new software called sqope that helps investors track the performance of their investments.
July 21 - New York
RYE, N.Y. USAlliance FCU has become the first North American financial institution to adopt the European in-branch Customer Relation Management (CRM) kiosk solution, HappyOrNot.
July 21 -
As technology gets more complex, the process of making a payment must remain simple, says Ryan Anderson, vice president of product at The Members Group (TMG).
July 21


