Google Wallet is trying a new method to spur adoption: giving out free money. Google Wallet recently started a campaign to give out $5 to consumers who buy gift cards from the following retailers via Google Wallet: Regal Cinemas Sephora Staples Toys “R” Us on Gyft.com Whole Foods Market GoogleRead More
Articles by: JJ Hornblass
To say Square and PayPal are important to American small business might be an understatement.
So when those two ventures’ integration into the accounting platform of choice for America’s small business — QuickBooks Online — falls short, the shortcoming deserves notice.
Fiserv and LexisNexis, two big brands in financial technology, now have apps that are integrated. Greylock Federal Credit Union, the former credit union of General Electric, built the LexisNexis-Fiserv tie in using Fiserv’s DNAappstore, which fields such integration efforts. Specifically, the Greylock-built app, introduced this fall, allows demographic data from DNARead More
When China’s largest payments processor makes partnership overtures, they deserve notice. That’s what happened today, when Alipay, which has about 700 million registered accounts, said it wants to partner with PayPal, in addition to its ongoing talks with Apple to join Apple Pay.
Facebook Messenger passed a major milestone. That would not be the introduction of payments.
Is every banking conference truly blah, blah, blah boring?
Bank of America Corp. has quietly expanded its text banking service — yes, text banking service — to “support” at least three more telcos. Those telcos are Sprint, Boost, and Cincinnati Bell. BofA also added MetroPCS, which is a T-Mobile brand.
Just how differently do millennials view payments than previous generations? This infographic [ht Sam Maule] defines the differences, and they are vast. For example: 50% of millennials want mobile payments to speed up transactions. Gen X: 31%. 52% of millennials want mobile payments to keep better track of purchases. GenRead More
Want to know what a cashless society might look like? Check our Sweden, where cash is used in but 41% of transactions, compared to 55% in the United States — an appropriate preview to Money2020, which starts today in Las Vegas.
The percentage of the consumers who make daily mobile payments has quadrupled since 2012, according to new data. According to the Accenture data, 4% of the world’s consumers are currently making daily mobile payments. In 2012, but 1% of consumers did so.
The number of Apple Pay sign ups have been “staggering,” Bank of America CEO Brian Moynihan says.