American Express updated the look and feel of its iPhone and iPad apps last Friday. The updated apps surface more account information and gather offers, rewards, and member benefits in one place. The iPhone app is now on version 4.0.0. and the iPad version is 4.0. The Android app is on version 3.0 and was last updated...
Read More »
Bank of America has some fun with a video showing a college student using remote deposit capture (RDC) on his iPhone to deposit his check from grandma. (He tosses the card it came in, of course.) Nearly identical ads are on the bank’s YouTube channel showing the same operation on an iPad and Android devices, as well as a video showcasing, in surprising detail, how to use person-to-person payments to transfer money, in this case, to the babysitter.
The video launched last week and looks to be another product of the bank’s work with the Hill Holliday Agency, an advertising firm. Bank of America is the largest retail bank in the nation, with close to $500 billion in deposits.
Apple, the world’s largest technology company, is said to be poised to unveil a rash of payments products and features, including payments via wristwatch. Several online news sources are now saying that Apple’s iWatch, which is expected to hit the market this year, will be enabled for payments. According to FinVentures blogger Tom Noyes, who...
Read More »
You get it now. Last year, we named Apple to our Coolest Brands list and we know more than a few of you snickered. It’s an iWhatever company, you muttered. But you’ve seen the patents and you’ve seen Passbook, and you know it is only a matter of time. The fact that seemingly every...
Read More »
Last October, Credit Agricole Group, the mega (but troubled) French bank, became what is thought to be the first traditional bank to release a public read/write API. So what has happened since the launch of the Credit Agricole Store? Did the bank lose customers? Did the API lessen the stickiness of its 33.5 million...
Read More »
What’s really behind all these payments patents Apple is securing? Apple has been among the most avid pursuers of payments patents in the nation: In August 2012, Patently Apple described 56(!) new Apple patents, one of which introduced swiping the iOS device at point-of-sale using the iOS GUI. (Will we see people swiping iPads to pay...
Read More »
Sometimes it’s the worst things that can happen that become the eye-opening best things that effect positive change. The year 2012 saw numerous high-profile data breaches, epic hacks, full-on hacktivism and lots of major identity theft ring busts. The best news is the public is more aware, which means they are better equipped to...
Read More »
The US Patent Office granted a slew of payments patents already in 2013, most notably to Apple and Amazon. In total, the USPO issued 82 patents for payments-related inventions and processes in January 2013, up from 56 in January 2012 — 46% growth, according to Bank Innovation research. In all, 602 payments patents were...
Read More »
Newcomers Zakat and Space Coast Credit Union Mobile entered the Top 20 Most Downloaded Apps this week, while Paypal resumed its familiar spot at the top of the rankings. Zakat — not to be confused with Zagat — is a new app that likely will not stay in the Top 20 for long. Its name means “almsgiving”...
Read More »
I’ve always maintained that Near Field Communication (NFC) was attractive for both the banks acting as acquirers and issuers, and ultimately the networks themselves. Particularly in the US marketplace. Why? The only way to keep the Point-of-Sale (POS) terminal in a transaction as we shift to mobile wallet and mobile payments at merchants is...
Read More »
 |
 |
 |
 |
 |
