Apple Pay has had a spate of double charges related to Bank of America cardholders, but apparently it’s not really anyone’s fault.
Post Tagged with: "Bank of America"
Apple Pay is a marketing expense for banks, says an industry expert.
PNC Bank and Key Bank both discussed mobile-first customers on their earnings calls yesterday.
Mobile banking user growth shows no sign of slowing at three of the nation’s largest banks.
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.
The Silicon Valley giant is now said to have reached deals for lower transaction fees with five of the largest financial institutions in the nation.
Community banks are taking a more “calculated” approach as the EMV liability deadline approaches.
It appears Bank of America is not keeping pace with Wells Fargo & Co. and JPMorgan Chase in the drive to bring users to its mobile platform. A year ago, Bank of America had about 800,000 fewer mobile users than JPMorgan Chase. Today that number is closer to 1.7 million.
Developers have already started integrating Touch ID into their apps. Check out the videos here.
Last week, it was disclosed that Apple’s iOS 8 would allow consumers to scan their credit cards for mobile payments. The announcement barely registered on the banking industry’s radar, especially with all the iPhone 6 hubbub. It should have. This is just one more in a series of developments thatRead More
If you know bitcoins, Capital One Financial Corp. wants to hire you. Specifically, Cap One is looking to hire data scientists with extensive knowledge of Bitcoin, cryptocurrency, and other emerging technology, according to a job posting on its career page. First noted by Coindesk, the job posting is for aRead More