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Bank Technology News
December 2010
Andrew Johnson |
2010 Was Banking's Year of Mobile; Payments Next The recent Verizon, At&T, and Discover deals, along with a few others, suggests that next year will be the year that mobile payments dominate the headlines in the United States. But which business model will lead the industry is still anyone's guess.   |
Bank Systems & Technology
October 30, 2007
Richard Winston |
Mobile Wallet Will Take Time to Mature In U.S. Contactless payments are a transitional technology on the way to the anticipated wallet phone. |
The Motley Fool
August 20, 2010
Carl Bagh |
Visa Readies to Take on Rising Competition in Payment Biz The world's foremost payment processing company Visa has joined hands with Bank of America to start a trial of contactless payment system using smartphones. |
Bank Technology News
May 2009
Steve Bills |
Which Comes First, Stickers or The Phones? Card companies are betting that if they stimulate consumer demand for mobile payments, it will spur the phone networks and manufacturers to move faster on improving the technology. |
U.S. Banker
March 2010
Wade & Bills |
Waiting For Contact The hardware works, and consumers worldwide think it's a cool idea. Still, near-field communication chips have made about zero progress morphing mobile phones into contactless payment tools. |
Bank Technology News
June 2006
Glen Fest |
Contactless Payments: Visa Wins Faceoff For E-wallets The firm hopes a pilot program at hockey and basketball games in Atlanta will seed the further development of e-wallet initiatives. It's a market estimated at $24 billion. |
Bank Technology News
March 2008
John Adams |
Is it Time for Tix by Cell? Will the growth of mobile banking and a broad increase in overall mobile phone functionality make consumers more comfortable with using mobile phones to make small purchases? |
Bank Technology News
October 2008
Glen Fest |
Payment 'Stickers' Debut In Denver The Democratic National Convention in Denver was a coming-out party of sorts for First Data's near-term answer to the drive toward near-field communications technology. |
Bank Technology News
June 1, 2008
Glen Fest |
Fractured World Of Contactless Cards To grow its Zip contactless payment platform, Discover Network has in place the chip orders, the merchant acquirer programs, terminal hardware deals and, of course, the user base. There's only one thing missing: the cards. |
Bank Systems & Technology
May 15, 2008
Paula Damiano |
Contactless Payments Are a Stepping-Stone to Mobile Cooperation among disparate entities is the key to achieving mobile payments. |
Entrepreneur
July 2007
Jennifer Pellet |
New Way to Pay Looking for a way to offer customers greater payment convenience? A mobile platform recently introduced by Visa is paving the way for merchants to accept payments from cell phones - though the technology has yet to reach the States. |
BusinessWeek
August 4, 2010
Eichenbaum & Collins |
Smartphones May Soon Replace Credit Cards AT&T and Verizon Wireless are readying a mobile payment system that could render plastic obsolete. |
Bank Systems & Technology
September 25, 2008
Maria Bruno-Britz |
Google Partnership Key to Visa Mobile Payments Strategy Payments giant will offer m-payments services on Android-enabled mobile phones. |
Bank Technology News
January 2011
Shane Kite |
Discover Battles Rivals, Skeptics Discover Financial Services' execution of its long-expected "mobile wallet" will define its role in mobile commerce, a future where consumers make contactless payments with their cell phones and receive wireless deals as they enter stores. |
Bank Technology News
February 2007
Glen Fest |
Mobile Payments: Fair Play In HSBC Phone Pay Trial HSBC Credit Card Services is piloting the viability of mobile phones enabled with the Near Field Communication standard to measure interest in using phones with MasterCard's PayPass system. The trial is the latest stab at proving the viability of the mobile wallet. |
Bank Systems & Technology
November 3, 2008
Maria Bruno-Britz |
Big Moves by Visa, Citi MMV in Mobile Banking Space Both companies announce the rollout of initiatives designed to enhance the banking functionalities of people's mobile phones. |
Bank Systems & Technology
September 22, 2010
Penny Crosman |
Visa-Carrying NYC Subway Riders Now Mobile Payment Users Visa's contactless payment system, payWave, is now active on some subway lines and buses, along with MasterCard's similar PayPass system. |
Bank Technology News
March 2007
Glen Fest |
Mobile Payments: FSTC Wants Turf Talks for Mobile Wallets FSTC and Clearing House officials are examining ways to find common ground and agreed-upon standards allowing banks, carriers and cell-phone manufacturers to finally roll out the mobile wallet that remains frustratingly futuristic. |
The Motley Fool
November 16, 2010
Carl Bagh |
AT&T, Verizon and T-Mobile Building Mobile Payment Network These wireless carriers want to make mobile wallet a reality. |
Bank Systems & Technology
October 1, 2006
Nancy Feig |
Contactless Payments Aim to Take a Bite Out of Small Cash Transactions The final frontier in payments is cash replacement for small transactions, according to Mark Friedman, president and CEO of Peppercoin. |
Bank Systems & Technology
August 24, 2006
Maria Bruno-Britz |
Americans Ready for Mobile Payments: Visa A recent survey conducted by Visa USA illustrates the increasing allure of mobile phones and consumers' desire to do more with them. Sixty-one percent of participants between the ages of 25 and 34 said they were interested in making purchases with their mobile phones. |
Bank Systems & Technology
February 21, 2008
Nancy Feig |
BART Pilot Allows Users to Pay for Mass Transit Fares With Mobile Phones The Bay Area Rapid Transit trial likely will become a model for future mobile payments initiatives. |
InternetNews
March 15, 2011 |
Google to Test NFC-Based Mobile Wallet? This summer Google is going to begin testing a mobile payment service based on Near-Field-Communications technology, according to a report. |
InternetNews
February 25, 2005
Susan Kuchinskas |
Speed the Wireless Payment RFID-enabled 'proximity' payments could go wide in 2005, but it's up to merchants to make the move. |
InternetNews
October 13, 2004
Susan Kuchinskas |
Motorola Tests M-Commerce Motorola and MasterCard want to prove that reducing the fumble factor can save merchants money. |
U.S. Banker
August 2009
Charles Keenan |
The Next Frontier Experts say there's good reason to believe that mobile payments will become as widespread as Internet banking and ATMs. And if banks aren't ready, other providers, such as wireless phone carriers and payment vendors, will steal the show. |
Bank Technology News
December 2010
John Adams |
Canadian Banks Take Debit Contactless Believing consumers are ready to abandon cash for small purchases, Scotiabank and RBC will be the first banks to put InteracFlash chips onto their debit cards in Canada. |
Bank Technology News
May 2011
John Adams |
NFC Championship Still Eludes Gartner says the market for NFC-enabled handsets should expand past $240 billion in the U.S. by 2014, up from its current level of about $32 billion. |
CFO
October 1, 2008
Yasmin Ghahremani |
Cash, Credit, or Cell Phone? Mobile payments may soon change the way Americans buy. |
CRM
February 2012
Leonard Klie |
Consumers Want NFC-Enabled Mobile Wallets An analyst firm predicts that mobile shopping will create a multi billion-dollar industry for credit card companies, online retailers, and mobile operators. |
The Motley Fool
August 2, 2010
Carl Bagh |
Looming Threat for Visa, MasterCard From AT&T, Verizon Now your smartphone really can do everything -- including paying the bills! |
Bank Systems & Technology
May 28, 2009
Maria Bruno-Britz |
U.S. Bank Pilots Multifunction Credit Card The AccelaPay Visa card acts as mag stripe, contactless and ID card. |
Bank Technology News
March 2011
John Adams |
MasterCard Globetrots To Push Mobile MasterCard is lining up local partners and its own innovation lab to sell contactless transactions. |
Bank Systems & Technology
September 28, 2005
Maria Bruno-Britz |
Is the End of Cash at Hand? The growing comfort with digital and wireless technologies may be largely responsible for the recent upswing in e-payments. Of course, the trend has not gone unnoticed by the financial services industry. |
The Motley Fool
December 20, 2010
April Taylor |
2 Stocks That May Spring a Leak Visa and MasterCard have benefited mightily from consumers' shift from paper to plastic, garnering fees on each transaction. Will these companies' moats survive 2011? |
Bank Technology News
February 2004 |
By The Numbers Consumer payment associations are targeting the U.S., where high rates of card penetration and low levels of mobile data usage have left mobile proximity payments off merchants' and consumers' radar screens. |
Bank Systems & Technology
December 1, 2003
Cynthia Ramsaran |
Contactless Trial Takes Off MasterCard introduces contactless card trials in smaller markets. |
Bank Technology News
September 2010
Rebecca Sausner |
Joint Venture Aims to Break NFC Logjam Analysts are evenly divided as to whether the yet-to-be-named joint venture will be a revolution in mobile NFC payments in the U.S., or fall flat in the face of too many competing interests and too little demand. |
Bank Technology News
April 2011
Andrew Johnson |
Apple Delays NFC Apple Inc. boasts that its iPhone "changes everything," but against the expectations of many bankers, it may not be changing payments-at least not this year. |
Bank Technology News
November 2007
Anthony Malakian |
Strategic Alliances: Wells Teams With Discover For Merchant Payments Discover faces a fierce battle for merchant payments business from the likes of American Express. Wells Fargo is hungry to expand its merchant payment acceptance options. That makes a strategic alliance between the two firms a no brainer. |
The Motley Fool
August 27, 2011
Tamara Rutter |
Stocks Cashing in on Mobile Payments Who will be the dominant player in the growing mobile payments arena? |
Bank Systems & Technology
June 10, 2010
Matt Gunn |
Citi Brings PayPass to Cell Phones Expanding its contactless payment offerings, New York-based Citibank is now offering its customers the Citi payment tag, a MasterCard PayPass-enabled sticker that can be placed on the back of cell phones. |
Bank Technology News
February 2010
Daniel Wolfe |
Has 'Tap and Go' Lost Its Touch? Issuers are mailing out contactless credit and debit cards by the millions, it's not clear how often they are being used. |
The Motley Fool
August 4, 2010
Morgan Housel |
Are Visa and MasterCard Really Under Attack? I wouldn't bet on it. These moats are still safe. |
InternetNews
May 20, 2005
Susan Kuchinskas |
Chase Customers Can 'Blink' at Register Chase Bank USA begins a national rollout of RFID-enabled charge cards. |
Bank Systems & Technology
August 6, 2009
Nathan Conz |
U.S. Bank Pilots Visa payWave on Unembossed Debit Cards U.S. Bank has launched a pilot program to instantly issue unembossed debit cards with Visa payWave technology. |
Fast Company
September 2010
Dan Macsai |
Your Smartphone Will Soon Double as Your Wallet The race is on to transform your smartphone into your wallet. |
Bank Technology News
June 2009
Steve Bills |
New Bling for Alternative Payments "This is definitely an opportunity to shop local," says Meyer Malka, of Bling Nation, a Palo Alto, Ca.-based contactless payments startup that enables the formation of local merchant networks designed to increase payment revenue for institutions by outflanking national card networks. |
The Motley Fool
February 9, 2007
Selena Maranjian |
Convenient or Costly? New developments in credit cards have a hidden price tag. |
| Knowledge@Wharton |
New Payment Methods Give Old-fashioned Checks and Credit Cards a Run for Their Money Emerging technologies are currently gaining momentum while paper check usage is in decline, according to a new study by the Federal Reserve... |
