Post Tagged with: "Apple"

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.

Starbucks Owns Mobile Payments

Starbucks Owns Mobile Payments

by November 3, 2014 at 10:49 am 0 comments

Make no mistake, Starbucks is the first name in mobile payments.

Consumers Who Make Daily Mobile Payments Quadruples in 2 Years

Consumers Who Make Daily Mobile Payments Quadruples in 2 Years

by October 30, 2014 at 10:23 am 0 comments

The percentage of the consumers who make daily mobile payments has quadrupled since 2012, according to new data. According to the Accenture data, 4% of the world’s consumers are currently making daily mobile payments. In 2012, but 1% of consumers did so.

MCX Must Get to Market Soon or Risk Defections

MCX Must Get to Market Soon or Risk Defections

by October 29, 2014 at 11:26 am 0 comments

The so-called payments war between MCX/CurrentC and Apple Pay is reaching a fever pitch — but one of the fighters hasn’t even shown up on the field, yet.

Apple Pay is a Losing Proposition for Midsize Banks

Apple Pay is a Losing Proposition for Midsize Banks

by October 23, 2014 at 11:26 am 0 comments

Midsize banks are losing money on Apple Pay transactions, and the marketing value of their “partnership” with Apple is questionable, says Doug Brown, who leads the mobile strategy and product team at FIS. They will still participate, however, because they have to.

Apple Pay-BofA Double-Charging Issue Should Be Fixed Today

Apple Pay-BofA Double-Charging Issue Should Be Fixed Today

by October 22, 2014 at 4:46 pm 0 comments

Apple Pay has had a spate of double charges related to Bank of America cardholders, but apparently it’s not really anyone’s fault.

Apple Pay Loyalty Program Due to Start Within the Year

Apple Pay Loyalty Program Due to Start Within the Year

by October 21, 2014 at 11:51 am 0 comments

Bank Innovation has learned new details on a forthcoming Apple Pay loyalty program.

Apple Pay to Be Included in iOS 8.1, Sources Confirm

Apple Pay to Be Included in iOS 8.1, Sources Confirm

by October 1, 2014 at 2:00 pm 1 comment

Bank Innovation has confirmed that Apple Pay will be attached to iOS 8.1, scheduled for an October 2014 release.

VIDEO: Bankers Spill On How They Can Defend Against Apple

VIDEO: Bankers Spill On How They Can Defend Against Apple

by October 1, 2014 at 11:49 am 0 comments

On the surface, Apple Pay should make bankers quake. Apple is not required to be a bank in order to offer banking services — which, let’s be honest, includes payments. So why aren’t bankers panicking? The video below, which features Mark Curran, payment technology services director at Lloyds Banking Group, andRead More

The Real Reason PayPal Isn’t an Apple Pay Preferred Partner

The Real Reason PayPal Isn’t an Apple Pay Preferred Partner

by September 30, 2014 at 3:19 pm 0 comments

UPDATE (10/1/14, 1:41 PM ET) Earlier this month, before Apple Pay came out, Bank Innovation wrote that Apple and PayPal had been involved in talks for … something. We’ve finally tracked down the full story. Sources close to Apple and PayPal and in the financial services industry have confirmed thatRead More