Visa Europe sees a very mobile future and now predicts that more than half of all Visa payments in Europe will be mobile by 2020. It’s another sign that the payments will increasingly be channeled through mobile phones. Read More »
Tech
Dwolla, an alternative payment system built off cash networks, is taking the next step forward by offering a new feature called Instant, which addresses one of the lingering pain points in the system: the three to five day delay in accessing cash for users. Read More »
Mobile payment service Square has taken a stand against NFC touch technology in favor of its own card swipe and location-based services. But transatlantic rival iZettle says that it will remain agnostic as it tries to corner the European market. Read More »
Zipmark, a New York start-up that recently graduated from the FinTech Innovation Lab, has raised $2 million to build out its alternative mobile payment system. Zipmark relies on the existing check-processing infrastructure to create a payment system that is fast, simple and cheap for users. Read More »
Isis, the near field communication mobile wallet venture from Verizon, AT&T and T-Mobile, took another step forward with the announcement that it has selected SIM card maker and digital security specialist Gemalto as its trusted service manager for its mobile wallet. Read More »
A report confirming that the Galaxy Nexus on Verizon won’t support Google Wallet is just a reminder of where we stand in the NFC race. Isis, the competing digital wallet from Verizon, AT&T and T-Mobile, will likely have to launch before the carriers support Google Wallet. Read More »
MFoundry has emerged as a leader in mobile banking, providing its Software-as-a-Service model to almost 600 banks, credit unions and other financial institutions. Now it’s raising $18 million from MasterCard, Intel Capital and others to expand its mobile banking business into mobile payments. Read More »
MasterCard and mFoundry are poised to help banks launch potentially hundreds of NFC-based mobile wallets with a new partnership that will allow banks that use mFoundry for mobile banking apps to add support for contactless PayPass payments, turning those mobile banking apps into digital wallets. Read More »
In today’s crowded media marketplace, presidential candidates (and their media consultants) have an almost mind-boggling number of mediums in which to get a message across. From TV to talk radio to the printed word and all the permutations in between, there’s no doubt… Read More »
Apple and Microsoft are reportedly poised to support NFC next year in their handsets, according to a report from Digitimes. Apple’s support of NFC could be especially helpful for the nascent technology, helping expose it to a mainstream audience. Read More »
VeriFone is looking to become not just a seller of point-of-sale terminals but a provider of managed services for merchants, whic will need help in transitioning to new alternative payment systems like NFC. VeriFone projects half its revenue in 2015 will be from services. Read More »
Square, the mobile payment acceptance tool, is getting a lot more useful for merchants with version 2.2 for iOS and Android. It brings loyalty rewards for Square Card Case users, hardware integration with cash drawers and receipt printers and more back-end tools. Read More »
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