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 launched a pilot beta program to test out voice and facial biometrics.
What’s behind Apple’s internal deliberations about buying Discover? (Hint: China UnionPay.)
For Apple, privacy means not even securing data, but abstinence from it. What about the rest of the fintech world?
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.
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 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.
In an interview with Bank Innovation, MasterCard shared the technical security details for Apple Pay, which will launch next month.
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.
Square CEO tweets that it will support Apple Pay, but PayPal has been mum about any role in Apple’s new payments initiative.