Cards

Does the Device Make the Payment or the Payment Make the Device?

Does the Device Make the Payment or the Payment Make the Device?

by November 21, 2014 at 11:42 am 1 comment

What comes after mobile in payments? Mobile may be all the rage now, but wearables are coming fast, and then there’s the Internet of Things, and there’s even that guy who embedded his bitcoin wallet in his hand — ouch!

Snapcash is a Window into What Users Don’t Want Snapchat to Know

Snapcash is a Window into What Users Don’t Want Snapchat to Know

by November 19, 2014 at 11:12 am 0 comments

Reactions to the announcement of Snapchat’s new payments service ran the gamut from “the future of payments” to, well, a way to pay people for sending you nude pictures.

Excitement About Mobile Payments Outruns Reality

Excitement About Mobile Payments Outruns Reality

by November 18, 2014 at 11:57 am 1 comment

Customers are fired up to make mobile payments using Google Wallet and Apple Pay even if they don’t own the devices they would need to accomplish this. That information arrives via a recent survey by Stratos, makers of a “connected card” solution along the lines of Coin and Plastc.

Apple Adds China’s UnionPay to App Store Payments

Apple Adds China’s UnionPay to App Store Payments

by November 17, 2014 at 11:46 am 0 comments

UnionPay cardholders — everyone with a payment card in China — can now use their cards to make payments in Apple’s App Store. With 100 million iPhone users, China is the iPhone’s leading growth market, and Tim Cook has repeatedly stated this is where he sees Apple’s greatest opportunities lying.

Regions Bank Shows Off Branch of the Future [VIDEO]

by November 13, 2014 at 11:30 am 0 comments

Regions Bank released a video yesterday showing “two new concept branches that offer a glimpse into the branch of the future.” The branches include video tellers and ATMs with advanced functionality, such as check-cashing and offering withdrawals in a variety of bills. Both branches are located near universities, one on the campus of the University of Alabama at Birmingham, and the other near Purdue University in West Lafayette, Ind.

U.S. Bank to Expand Mobile Account-Opening Efforts

U.S. Bank to Expand Mobile Account-Opening Efforts

by November 13, 2014 at 11:30 am 0 comments

U.S. Bank ran a pilot program for mobile photo account opening, a Mitek Systems technology, with Twins games attendees this summer, and based on the positive results, plans to expand the program to other event spaces in its footprint.

Mozido Is the Best-Funded Startup in Mobile Payments

Mozido Is the Best-Funded Startup in Mobile Payments

by November 12, 2014 at 12:01 pm 0 comments

In late October, eyebrows were raised when mobile payments startup Mozido raised $185 million from the likes of MasterCard, Wellington Management Co., and His Royal Highness Sheik Nahyan, who is kind of a big deal in the United Arab Emirates.

Gift Card Space Heats Up as Startup Raise Scores $18.1M Round

Gift Card Space Heats Up as Startup Raise Scores $18.1M Round

by November 12, 2014 at 10:13 am 1 comment

It’s that special time of year… the days are getting shorter, leaves are falling, and gift cards are in the air. The venture money is flowing into gift cards as well. Gift card marketplace Raise just finished an $18.1 million funding round, according to GigaOm.

Alipay Pitches PayPal on JV

Alipay Pitches PayPal on JV

by November 11, 2014 at 11:47 am 0 comments

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.

Silence Speaks Volumes on Future of Facebook Messenger Payments

Silence Speaks Volumes on Future of Facebook Messenger Payments

by November 11, 2014 at 10:55 am 0 comments

Facebook Messenger passed a major milestone. That would not be the introduction of payments.

ATM Innovation Is Alive and Well

ATM Innovation Is Alive and Well

by November 10, 2014 at 12:50 pm 0 comments

Financial software maker NCR released a trio of announcements this morning pushing ATM innovation forward. The Duluth, Ga.-based company is installing 2,200 advanced ATMs for the Bank of Montreal, which will allow faster transactions and “enhanced convenience, security and performance,” said Steven Nowaczyk, Head of North American ATM Channel, BMO Financial Group. NCR isRead More