Lost in the flurry of Apple Pay news was Visa’s roll out of contactless payments across London’s entire transit system.
MasterCard launched a pilot beta program to test out voice and facial biometrics.
It’s hard to get millennials to open bank accounts. What do they need bank accounts for with all the great prepaid cards and other options out there? Boston-based First Trade Union Bank, already known for working with LevelUp on its payments app, is now partnering with SmarterBucks to produce a debit card that helps pay down student loans.
For Apple, privacy means not even securing data, but abstinence from it. What about the rest of the fintech world?
Never in the history of payments has there been such a media-frenzied, corporate disrupting and consumer-captivating moment as last week’s unveiling of Apple Pay.
In an interview with Bank Innovation, MasterCard shared the technical security details for Apple Pay, which will launch next month.
My greatest surprise in respect to Apple’s announcement was that it had taken them until the iPhone 6 to do payments.
Sources tell us that Visa and MasterCard are looking to advance all mobile wallets by lowering their transaction fees.
This Apple Pay demo makes it clear just how central Touch ID is to the Apple Pay experience.
Apple takes aim at the $12 billion-per-day payments industry with Apple Pay. Here’s a bootleg of Eddy Cue, SVP at Apple, unveiling Apple Pay today.
Sources tell Bank Innovation that Square and PayPal have been aware of Apple’s plan to enter the mobile payments space and have made plans accordingly.