Post Tagged with: "Chase Pay"

As MCX Shuts Down, Chase Pay Adds Merchants

As MCX Shuts Down, Chase Pay Adds Merchants

by June 10, 2016 at 11:06 am 1 comment

Is this (finally) the end of MCX? When the Merchant Customer Exchange (MCX) deal with JPMorgan Chase made news last fall, it was clearly important. The country’s largest bank was teaming up with merchants, and taking on the card networks. Now it seems Chase Pay will be the only placeRead More

Chase Ready to Compete in Digital Payments, CEO Says

Chase Ready to Compete in Digital Payments, CEO Says

by June 3, 2016 at 11:48 am 1 comment

The digital payments space is crowded and competitive, but that doesn’t seem to concern JPMorgan Chase at all. Quite the opposite: the bank’s Chief Executive Jamie Dimon said at a conference yesterday that Chase will be “very competitive” when it comes to online payments and mobile wallets.   We need Chase toRead More

Bank of America Says ‘No’ to BofA Pay (For Now)

Bank of America Says ‘No’ to BofA Pay (For Now)

by May 26, 2016 at 11:12 am 4 comments

Bank of America said “No” to innovation labs last year. This year, while rivals JPMorgan Chase and Wells Fargo & Co. are bringing wallets to market, BofA is looking instead to the surrounding ecosystem. “We want to be in an open wallet ecosystem,” Hari Gopalkrishnan, client-facing platforms technology CIO at Bank of America MerrillRead More

Chase Pay Wallet Delayed, Even Though It’s Live with a Few Partners

Chase Pay Wallet Delayed, Even Though It’s Live with a Few Partners

by May 18, 2016 at 6:55 pm 3 comments

The Chase Pay mobile wallet from JPMorgan Chase was slated for rollout in mid-2016, but it likely won’t see light of day until the fourth quarter, it emerged today at the Shoptalk conference in Las Vegas. The news came from Chase Commerce Solutions head of global e-commerce and large omnichannel solutions,Read More

Genuine Introvert's Nest

In Chase’s New Digital Lobby, Teller Windows Are Out of Sight (Literally)

by February 26, 2016 at 4:55 pm 1 comment

Want a peek at the bank of the near future? At JPMorgan Chase’s Manhattan headquarters, digital technology and interior design came together in a model branch that Bank Innovation toured last week.  As with many branch-of-the-future models, self-service via tablets and enhanced ATMs, as well as fluid movement around the space, areRead More

Chase Pay Demo [VIDEO]

Chase Pay Demo [VIDEO]

by February 26, 2016 at 10:00 am 2 comments

Bank Innovation’s own Brad Bergan — our newest editor — visited JPMorgan Chase’s model branch yesterday, checking out several new flavors of ATMs, as well as demoing the bank’s forthcoming digital wallet, Chase Pay. The bank plans to release Chase Pay widely in mid-2016. Earlier this week, Chase struck aRead More

MCX Is Dead (Again) Thanks to Target Pay

MCX Is Dead (Again) Thanks to Target Pay

by December 18, 2015 at 12:37 pm 1 comment

MCX: It’s alive! It’s dead! It’s alive again! Actually, does the recent news about a forthcoming Target Wallet, announced just a week or so after Walmart Pay, means it’s really and truly dead? MCX and its long-promised app, CurrentC, have delayed coming to market for so long that it’s becomeRead More

Walmart Pay: Why Now?

Walmart Pay: Why Now?

by December 10, 2015 at 2:26 pm 1 comment

Walmart, the nation’s largest retailer, is launching its own mobile payment service. It was announced late last night that Walmart Pay would join the growing parade of branded mobile payment platforms: Chase Pay, Android Pay, Samsung Pay, and Apple Pay. Bentonville, Ark.-based Walmart had previously been known in the mobile payments spaceRead More

BBVA Compass Enables Realtime Mobile Rewards [VIDEO]

BBVA Compass Enables Realtime Mobile Rewards [VIDEO]

by November 16, 2015 at 11:47 am 0 comments

Bank wallets continue to gain ground and add functionality the tech giants will have trouble replicating. Capital One led the way by enabling POS transactions from its mobile app, and JPMorgan Chase followed up with an announcement of Chase Pay, expected in mid-2016. But today BBVA Compass announced the realtime redemptionRead More

Chase Pay Aligns the Nation’s Largest Bank with Merchants [VIDEO]

Chase Pay Aligns the Nation’s Largest Bank with Merchants [VIDEO]

by October 30, 2015 at 12:53 pm 1 comment

Another bank-driven mobile wallet arrived this week, and it’s good news for MCX. After being repeatedly teased on earnings calls and in investor meetings by CEO Jamie Dimon, Chase Pay, the mobile payments service from the nation’s largest bank, was finally announced Monday at Money20/20 by Gordon Smith, CEO of consumer &Read More