Security

Apple Already Field-Testing Apple Pay, While Still Adding Features

Apple Already Field-Testing Apple Pay, While Still Adding Features

by September 18, 2014 at 6:25 pm 0 comments

With iOS 8’s release yesterday, many iOS users have been wondering when the new Apple Pay feature will be available on their devices. The “in the wild” tests indicate that it will be sooner rather than later that Apple Pay will be made available widely.

MasterCard Beta Program Adds Voice & Facial Biometrics

MasterCard Beta Program Adds Voice & Facial Biometrics

by September 18, 2014 at 11:57 am 0 comments

MasterCard launched a pilot beta program to test out voice and facial biometrics.

Apple Considered Buying Discover, Sources Say

Apple Considered Buying Discover, Sources Say

by September 17, 2014 at 8:00 am 2 comments

What’s behind Apple’s internal deliberations about buying Discover? (Hint: China UnionPay.)

Never Mind Apple’s Stance, Data Remains a Core Payments Pursuit

Never Mind Apple’s Stance, Data Remains a Core Payments Pursuit

by September 16, 2014 at 10:26 am 2 comments

For Apple, privacy means not even securing data, but abstinence from it. What about the rest of the fintech world?

GoBank Still Holding Checks Deposited via Mobile for 10 Business Days

GoBank Still Holding Checks Deposited via Mobile for 10 Business Days

by September 15, 2014 at 3:55 pm 0 comments

One month ago, we wrote that GoBank, the mobile bank account from Green Dot Corp., had — at last — eased up on its mobile check deposit policies. The bank was infamous for its stiff risk management policies, holding personal checks for up to 10 days.

Everyone Wants Under the Apple Tree

Everyone Wants Under the Apple Tree

by September 15, 2014 at 3:02 pm 0 comments

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.

Mobile Banking’s Boom in Danger as Security, Regs Risks Loom

Mobile Banking’s Boom in Danger as Security, Regs Risks Loom

by September 12, 2014 at 3:20 pm 2 comments

In a sense, things have never looked brighter for mobile banking. Apple’s announcement of Apple Pay is a huge step forward for mobile payments at the point of sale. But problems threaten.

Here’s How the Security Behind Apple Pay Will Really Work

Here’s How the Security Behind Apple Pay Will Really Work

by September 12, 2014 at 11:50 am 35 comments

In an interview with Bank Innovation, MasterCard shared the technical security details for Apple Pay, which will launch next month.

Visa, MasterCard in Talks with Mobile Wallets for ‘Cardholder Present’ Rate

Visa, MasterCard in Talks with Mobile Wallets for ‘Cardholder Present’ Rate

by September 10, 2014 at 11:47 am 20 comments

Sources tell us that Visa and MasterCard are looking to advance all mobile wallets by lowering their transaction fees.

DEMO: Apple Pay Is Wicked Cool

DEMO: Apple Pay Is Wicked Cool

by September 10, 2014 at 11:04 am 3 comments

This Apple Pay demo makes it clear just how central Touch ID is to the Apple Pay experience.

Square to Support Apple Pay — But What About PayPal?

Square to Support Apple Pay — But What About PayPal?

by September 10, 2014 at 9:40 am 2 comments

Square CEO tweets that it will support Apple Pay, but PayPal has been mum about any role in Apple’s new payments initiative.