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Crypto Wallet ZenGo Now Supports Facebook’s Libra Testnet

Non-custodial keyless digital wallet ZenGo now supports Libra’s testnet and allows its users to experiment with sending and receiving Facebook’s new cryptocurrency.

Faster, Safer: Payments Under Open Banking | Finance Magnates

We look at how open banking regulations, introduced in January of last year, are set to fundamentally change the payments industry.

Why Apple card will succeed; Opening the Fed payments system

Offering 3% on purchases through its App Store, Apple hopes to make its competitors' phones a less-appealing option; a call for speeding up FedNow.

Walmart announce application for cryptocurrency

Shoppers’ money would gain interest in a makeshift bank account.

The challenging fragmentation of the international payments system

The rise of global e-commerce (particularly mobile commerce) and the emergence of fintech have signi...

Mastercard’s biggest acquisition; GreenSky puts up for-sale sign

The card company is buying the corporate-services businesses of Danish payments provider Nets A/S; the online lender’s stock plunged after it missed second quarter earnings expectations.

Walmart crypto coin patent could be a back door to banking

Walmart has filed a patent application for a digital currency that, like Facebook's Libra, would be a stablecoin backed by traditional currencies. And it envisions a very specific use case where its coin could stand in for cash — or even for a bank account.

Why Remaining Demographic Agnostic Is Vital For Fintech In Payments Convergence

While certain behaviors are being impacted by payments convergence, don’t bet the house that all consumer and business payment behaviors will change quickly.

Top-6 mobile banking aspects to consider when promoting youth loyalty - Part 1

Banks are now focused on a seamless end-to-end digitilized experience for their customers and their ...

People in US Trust Bitcoin More Than Facebook's Libra: Report - CoinDesk

Compared with bitcoin, people in the U.S. don't trust Facebook's anticipated new stablecoin Libra, according to a new survey.

Focus on what’s important – and leave the rest to us

Sponsored: Smartstream’s platform takes the operational & regulatory responsibility of payments off your back.

Australian smartphone bank 86 400 wins banking licence

Australian app-only bank 86 400 has been granted a full Authorised Deposit-taking Institution (ADI) licence by the Australian Prudential Regulation Authority (Apra), paving the way for a live launch within the next few weeks.

APRA grants Aussie fintech 86 400 a banking licence | ZDNet

Australia's newest bank expects to launch soon.

Challenger banks in France

BankingTech is exploring the challenger bank landscape in France considering their offerings and their technology.

Are You Ready for the Invasion of European Challenger Banks?

N26 and Monzo begin introducing their digital-only accounts in the U.S., hoping success achieved overseas translates to victory in America.

Sydney could use facial recognition for public transport payments

Sydney's commuters could soon ditch their contactless cards and pay for journeys with their faces, predicts the New South Wales transport minister.

A CDFI's digital ambitions

Quontic Bank CEO Steven Schnall wants to turbocharge deposit growth by mimicking the strategies of big digital banks so his community development financial institution can become a much larger mortgage lender.

SIA opens new payment cards centre in Verona

The facility can personalise more than 10 million cards per year.

SIA opens new payment card centre in Verona

In Verona today SIA has inaugurated a new specialized center for payment cards, capable of managing every stage of issuing, from conception to distribution, through a monitoring system compliant with the highest standards of security.

Adyen adds support for Interac Debity in digital wallets

Adyen (AMS: ADYEN), the global payments platform of choice for many of the world's leading companies, announced the addition of Interac Debit on Mobile for In-app and In-browser as a payment method for Canadian merchants.

TrustPay brings Apple Pay to merchants

Today TrustPay brings its merchants Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient.

Update: Freetrade Now Nearing £3.5 Million Through Crowdcube Funding Round

Less than two weeks after launching its latest equity crowdfunding campaign on Crowdcube, challenger stockbroker app Freetrade is now nearing £3.5 million in funding from more than 4250 investors. The latest campaign comes a little over a year after the company raised £3.1 million through

The paradox of data: can financial services avoid a Cambridge Analytica? | Bank Innovation | Bank Innovation

For the financial services industry, Facebook's new cryptocurrency, Libra, is yet another warning that digital technology is chipping away at the foundation of

Why BofA is making it easier to use other companies' mobile wallets

By creating a close tie between digital debit cards and the major third-party mobile wallets, Bank of America is doing something few banks are — and expecting a payoff in broader use of digital financial services and “top of wallet” spending.

Fintech Unicorn & Stealth Bank TransferWise Launches Debit Mastercard in the U.S.

Fintech Unicorn and stealth bank Transferwise announced on Tuesday it has launched its debit Mastercard in the U.S.  It was revealed that TransferWise debit Mastercard was built specifically for people 'without borders.' TransferWire further explained: 'The TransferWise debit Mastercard can be up to 4x cheaper

Fundbox And OroCommerce Team To Break The $3.1T Trade Credit Logjam | PYMNTS.com

Trade credit has been around for decades and is less than efficient, with $3.1 trillion tied up in outstanding invoices. To grease the wheels of commerce, Fundbox and OroCommerce are joining forces to provide B2B credit through the two-sided platform model. Jason Smith, vice president of business development and partnerships at Fundbox, tells PYMNTS that a data-driven, machine learning-enabled model makes all the difference between access to capital — and turns gridlock into growth.

Reserve Bank of Australia Governor Says Facebook's Libra Coin Some Distance from Full Implementation on Compliance Side

Reserve Bank of Australia chief Philip Lowe told participants in a Q&A session June 20th that he does not expect Facebook's new Libra cryptocurrency network to be fully implemented any time soon. 'There’s a lot of water under the bridge before Facebook’s proposal becomes something

Report: So Far, Banking Partners Notably Absent in Facebook's New Libra Cryptocurrency Program

Last week's announcement of 'Libra,' Facebook's move into creating a cryptocurrency payments infrastructure to underpin its social network, was met with considerable fanfare and may have induced a rally in the price of Bitcoins. But several pundits on Yahoo have noted that so far, banks

Many Banks Don't Understand The Need For Digital Transformation

The majority of traditional banking organizations continue to be slow to respond to digital competitors. Misleading metrics don't help.

Many Banks Don't Understand The Need For Digital Transformation

The majority of traditional banking organizations continue to be slow to respond to digital competitors. Misleading metrics don't help.

Time to Chain Up: Is Blockchain About to Change the Gaming Industry?

Ubisoft is exploring the possibility of integrating blockchain into its games — is this the future of gaming?

Facebook's Libra Cryptocurrency Is the Future of Fintech

Whereas it’s taken bitcoin years since its inception to break into the public consciousness, Facebook's Libra has the benefit of being made available on a massive social media platform that boasts as many as 2.4 billion users worldwide.

Square Announces New Partnership With the Ogden Raptors Offer New Payment Experience at the Ballpark

Payment process platform Square announced last week it has formed a new partnership with the Ogden Raptors, which is a professional minor league baseball team and affiliate of the Los Angeles Dodgers, to provide what it claims to be a faster and more convenient payment

Banks Feeling The Heat Over Fintech Partners’ Cyber Risks - Law360

Consumers’ shift to online banking has drawn the watchful eye of regulators and put pressure on financial institutions to make sure they’re not left exposed to data security problems by the vendors they rely on to develop apps and services.

Half the World’s Population to Use Digital Wallets by 2024 | The Fintech Times

A new study from Juniper Research has found that the number of people using digital wallets will increase from 2.3 billion this year to nearly 4 billion

Uber is pivoting to fintech, something Asian startups have been doing for years

Asian mobility startups like Ola, Grab, and Go-Jek have been rolling out financial services since at least 2015.

Masabi unveils multi-format scanning device for contactless tap and ride ticketing

Masabi, the company bringing Software-as-a-Service (SaaS) ticketing and payments to public transport, today launched the Justride Validator – a feature rich multi-format ticket validation device for buses and trams, designed by Masabi so passengers can simply tap a contactless payment card, linked smartcard or mobile device to travel, without needing to purchase a ticket or understand fares.

Don't Forget Fintech ETFs After the Industry Just Notched $117B in Deals

The financial technology space is brimming with capital after it recorded $117 billion in deals thus far in 2019.

The Fintech Fast-Follower Fallacy

A lot of financial institutions think they're "fast followers" when it comes to fintech. Most are just deceiving themselves.

Crypto Exchange With 2 Million Users Launches Apps for Apple and Android Devices

A crypto exchange with more than 2 million users has launched apps for Android and iOS — and now plans to become a major player in the pan-Asian region.

Facebook Sources Say That Stablecoin White Paper Will Come on June 18

Several voices have earmarked a June 18 whitepaper launch date, as information slowly trickles through.

Zeux - the World’s First Crypto Mobile-Payment and Investment App - The Merkle Hash

Crypto adoption for the masses still seems like a distant future but one London-based fintech believes it has the answer to stand out from other competitors in the industry. Zeux has managed to address a real pain-point for everyday crypto users, providing full capabilities to simplify financial services, provide fast and easy crypto payments and investment returns – all in one app. Offering the best crypto returns on the market Zeux gives its customers the ability to access the best traditional and digital investment opportunities, getting competitive returns, while being able to manage all their financial accounts with ease. Zeux

Millions of Brits go cashless amid rise of contactless and mobile banking

With mobile banking and contactless payments becoming ever more popular in the UK, one in 10 Brits now live a largely cashless life, according to figures from UK Finance.

Stripe leads $22.5m funding round for teen banking startup Step

Stripe has led a $22.5 million Series A funding round for Step, a teenager-focused US mobile banking startup that has built up a half million-strong waitlist in a matter of months.

Weekly Fintech Radar: Revolut's ID, Russian Power, Revolut Youth and other news | INVYO Insights Europe : Media Fintech

Our platform Invyo Analytics daily tracks thousands of start-ups worldwide and allows companies to automatically monitor market trends and opportunities. This week, our tool caught Revolut on its radar given the rise of positive and negative hype around the unicorn. Here is a wrap up on what is happening right now around Revolut: Access more …

Apple to Unveil ‘CryptoKit’ Cryptographic Developer Package at Upcoming Conference

The tech giant is eyeing making its apps more cryptographically secure at the behest of developers.

New Strong Customer Authentication rules could cost Europe EUR57bn - Stripe

Today, payments infrastructure company Stripe released a new study conducted by 451 Research forecasting that Europe stands to lose €57 billion in economic activity in the first 12 months after SCA takes effect.

Fashion Fintech Is on Fire

There’s no cooling the financial technology services industry, as payments spark $1.9 trillion in global annual revenue.

Finally. Revolut Adds Apple Pay to its Digital Banking Service

Long anticipated, digital challenger bank Revolut has added ApplePay to its growing list of services. The option to add a Revolut card to ApplePay is reportedly popping up across Europe. Apparently, Apple Pay is only officially available in the UK and France but according to

The Security Features And Vulnerabilities in Mobile Payments

Editor Note: Mobile is changing Payments, but you have to get security right, so we wanted a real expert to lay it out for us. David Smith is a cryptographer with 12 years of experience in both the…

French teen banking startup Pixpay raises EUR3.1m

Pixpay, a French digital banking startup aimed at teenagers, has raised EUR3.1 million in a funding round led by Global Founders Capital.

BBVA builds global mobile payment platform

BBVA Group has developed a platform to facilitate mobile payments across all the countries in its footprint.

Teen banking fintech Pixpay raises €3.1m launch funding

The Paris-based start-up was founded four months ago.

3 Payment Innovation Trends That Will Evolve E-Commerce

E-commerce is growing rapidly, with worldwide sales anticipated to be $4 trillion in 2020. The evolution in e-commerce can be partially credited to the developments within financial technology. Let’s look at three Fintech trends that will continue to evolve the e-commerce industry.

Samsung Preps Crypto Integration in Samsung Pay to Millions Globally

According to Business Korea, a mainstream media outlet in Korea, Samsung Electronics is preparing the integration of crypto assets into its payment app.

BNP Paribas Fortis straps on Fitibit Pay and Garmin Pay

BNP Paribas Fortis, Hello bank! and Fintro customers who own a Fitbit (NYSE: FIT) or Garmin wearable device with payment capabilities will now be able to use it for fast, convenient and secure purchases, for no extra charge.

Tap and Pay hitches a ride on Big Apple subway and bus routes

New York commuters will soon be able to skip the long lines to buy or reload their MetroCards with the roll out of a new 'tap and pay' option on subways and bus routes at the end of the month.

Live: FusionONE 2019 - day two

Welcome to Finextra’s live coverage of FusionONE 2019. The second day of the conference will tackle issues that concern the developers before breaking into streams, focusing on different products.

Multicurrency Crypto Wallet Integrates Apple Pay, With Google Pay to Follow Within Weeks

A multicurrency digital wallet has announced that it has fully integrated Apple Pay into its app, opening new payment options for users.

| PYMNTS.com

Apple Pay now available to Monese Customers in Norway and Iceland

Monese, the globally-connected banking service for mobile people, today brings its customers Apple Pay in further markets, which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient.

NAB finally boards the Apple Pay train

National Australia Bank (NAB) customers can now access Apple Pay, with the service live from this morning.

FinTech applications can help with your personal finances

FinTech, short for "financial technology," refers to a wide array of applications (apps) that help users manage their personal finances.

Top 5 Crypto Performers: XEM, XLM, XTZ, BNB, IOTA

After the sharp move from the lows, a few weeks of consolidation is also possible.

The Best Fintech Stocks to Buy in 2019 and Beyond

Fintech is transforming the financial industry from the inside out, and there will be lots of winners and losers. Before you invest, know these basic guidelines to this growing industry.

Up 55%: NEM (XEM) Defies Crypto Snooze as Week's Biggest Gainer

By CCN: The crypto market took a breather from its bull run this week, with Bitcoin slightly departing from its recent year-to-date peak. However, NEM has been defying this mini-correction mood to gain over 55

Starling Bank Celebrates Second Anniversary

UK-based digital banking platform Starling Bank recently celebrated its second anniversary. Founded in 2014 and officially launched in 2017, Starling Bank describes itself as a UK mobile-only bank that offers personal, joint, and business accounts. The app allows users to “take the stress out” of

Apple Pay: cos’è, come funziona, compatibilità e sicurezza

Come funziona Apple Pay? Chi lo accetta? È sicuro? Ecco una guida facile all'uso del sistema di pagamento contactless di iPhone, iPad, Watch e Mac.

Thought GDPR was complex? Get ready for SCA!

Europe is bracing itself for a big shake-up in how we pay for things online, which will have signifi...

Can Bitcoin Win the Digital Payments 'Gauge War'? - CoinDesk

Bitcoin could learn a lesson from the railways, says Simon Johnson: For the customer, it’s just about getting from A to B fastest and cheapest.

How to Identify Payments Trends Worth Following

Payment trends come and go. A select few can endure the test of time, but far more end up flashes in...

The FinTech Chemist: Adoption Woes for Digital Wallets

Welcome to this week’s industry analysis with the FinTech Chemist. In this edition of the FinTech Chemist, we talk about adoption woes for digital wallets. Read it only on MEDICI.

Is eBay Going Crypto? [u]

Is eBay (NASDAQ:EBAY) going crypto? According to a multitude of posts displaying eBay banners at Consensus indicating 'virtual currency. It's happening on eBay,' that may be the case. If the chatter is true, eBay may be joining alongside its big tech brethren Facebook which is

Huge! Amazon-Owned Whole Foods Buoys Crypto by Accepting Bitcoin

By CCN: There's no shortage of possible catalysts behind the spike in the bitcoin price is. You can now add Jeff Bezos' Amazon to the list. Whole Foods, which is owned by the e-commerce behemoth,

You Can Now 'Spedn' Bitcoin at GameStop, Barnes & Noble and More - CoinDesk

Payments startup Flexa has released a crypto wallet called SPEDN to help brick-and-mortar retailers accept cryptocurrencies.

Wirecard Expands boon With Apple Pay Support to Austria

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Wednesday it brings Austrian customers Apple Pay through its payment app boon. The platform stated: 'With the integration of Apple Pay, Wirecard is delivering on its strategy of consequently driving forward the digitization of

Fintechs, there’s a tsunami coming; do you hear the sirens?

And I will be able to pay for a surfboard with my new Apple Card.

Credit and payments app Twisto raises €14m

As it tries to expand throughout Central and Eastern Europe.

Only an Idiot Would Use Facebook’s Shady Cryptocurrency

By CCN.com: In its neverending conquest to take over the world, Facebook is building a network of online merchants and financial institutions to support its secretive new cryptocurrency. The Wall Street Journal reports that Mark

Checkout.com rings up Europe’s largest ever fintech Series A round

The London-based company now eyes further global expansion.

Checkout.com raises $230 million

London-based payment processor Checkout.com has raised $230 million in Europe's largest-ever Series A funding round.

ANZ converts 9000 IT staff to agile development

ANZ has completed the roll out of its 'New Ways of Working' programme to Australian technology staff, converting 9000 team members to the benefits of agile development methodologies.

Cubic to bring transit cards to Apple Wallet

Cubic Corporation (NYSE:CUB) today announced it is enabling transit cards in Apple Wallet so passengers can use their iPhone and Apple Watch to ride public trains, subways and buses.

CBA extends Apple Pay to business card holders

As part of our continued commitment to becoming a simpler, better bank and providing the best digital banking experience for our customers, Apple Pay is now available to Commonwealth Bank business card holders.

Verifi hires Hitesh Anand As chief product officer

Verifi, Inc., leading provider of chargeback & dispute mitigation services for card-present and card-not-present merchants, today announced that Hitesh Anand has joined its executive team as Chief Product Officer.

Standard Chartered rolls out instant issuance of digital credit cards in Singapore

Standard Chartered Bank (“the Bank”) today announced the roll out of its instant digital credit card issuance and loans disbursement capability.

It's NOT Just About 5G. T-Mobile to Offer Bank Like Services with a Mobile Checking Account and a 4.00% APY

While everyone in the mobile community is talking about when 5G hits and how the world will change forever as  HD movies download in minutes and VR actually works like VR should, T-Mobile is talking about another innovation; one of the Fintech kind. T-Mobile is

T-Mobile launches mobile checking account

With no fees and high interest earning.

T-Mobile takes on US banks with checking account

Telecoms giant T-Mobile is taking on the American banks, teaming up with BankMobile to launch an app-based checking account.

Stripe Announces Acquisition of TouchTech Payments to Accelerate Strong Customer Authentication For Financial Institutions

Payments platform Stripe announced on Wednesday it has acquired Ireland-based Touchtech Payments, a software company, to accelerate Strong Customer Authentication (SCA) for financial institutions. According to Stripe, TouchTech Payments provides advanced SCA-ready authentication technology for some of Europe’s leading fintechs and challenger banks, like N26,

Mastercard acquires Vyze for point-of-sale financing

The ai Corporation has also implemented Mastercard’s Pay by Bank feature

Blockchain Front Page: Can Crypto Debit Cards turn Bitcoin into Real Money?

Last week our theme was “SEC reducing signal to noise ratio for ICOs.” Our theme for this week is “Can Crypto Debit Cards turn Bitcoin into Real Money?” At the end of Februa…

'Crypto Stripe' Flexa Raises $14 Million So You Can Buy Coffee With Bitcoin - CoinDesk

Payments startup Flexa is using funds from a private token sale to make shopping with bitcoin at brick-and-mortar stores a reality.

If you can’t beat them, join them

As I continue to look at the 2019 Accenture Banking Trends, this month I will be focusing on the dis...

Canada’s Regulatory System for Fintech is Complex, Costly and Chaotic. It is Stifling Fintech Innovation

Canada may be a smaller market but it has a robust, highly sophisticated economy and a vibrant Fintech sector. Toronto, the financial center of the country, is home to dozens of Fintechs including payment firms, online lending, AI, wealth management, blockchain and more. Yet while

CBA sees surge in contactless transactions following Apple Pay roll out

CBA has seen contactless payment transactions linked to a debit or credit Mastercard almost triple, since the introduction of Apple Pay earlier this year.

Apple Pay now available to Monese customers

Monese, the globally-connected banking service for mobile people, today brings its customers Apple Pay in further markets, which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient.

Biometric payments at the tip of your fingers

The word biometrics is derived from two Greek words – bio meaning “life” and metrics meaning “to mea...

Biometric payments at the tip of you fingers

The word biometrics is derived from two Greek words – bio meaning “life” and metrics meaning “to mea...

Digital Asset Journey - From crypto currency to corporate digital asset ecosystems

2019 marks a special year for digital assets. On January 3, 2019, the world celebrated the 10th anni...

Yandex.Money goes multicurrency

Yandex.Money introduces a new service for multi-currency accounts and cards.

Apple Introduces New Credit Card “Apple Card”

Technology giant Apple announced on Monday its new credit card, Apple Card, which is described as an innovative, new kind of credit card created by Apple and designed to help customers lead a healthier financial life. Apple reported that the Apple Card is built into

Haters Be Damned: Apple’s Credit Card is its Most Revolutionary Launch Ever

Apple launched a credit card on Monday to a chorus of “so what?” from investors. Apple stock crashed overnight and everyone from CNBC to Huffington Post called it underwhelming. They’re wrong. The Apple credit card is

Amazon-Owned Twitch Removes Crypto Payments for Subscriptions - CoinDesk

Amazon-owned live streaming video platform Twitch.tv has reportedly removed its cryptocurrency payment option for subscriptions.

Apple Announces New Services; Will They Help Its Ailing Stock?

Tech giant Apple is bringing new programs and services to the table. Time to Read Up Through a livestream hosted by CEO Tim Cook, audiences were introduced to Apple News+, an extension of the already popular Apple

Apple Card raises pressure on banks — and fintechs

The new Apple Card wasn't just one product of many announced at the Steve Jobs Theater on Monday — it was the glue that binds all of Apple's new services together.

Apple unveils credit card

Apple is launching its own credit card that will be tightly integrated into its mobile wallet and promises to help customers lead a "healthier financial life".

Top 5 Crypto Performers Overview: ONT, ADA, ETC, BCH, IOTA

As cryptos are currently rising from the bottom, the community has started hearing some bullish voices again.

Bill Pay Network Doxo Adds Apple Pay as Payment Method | Bank Innovation | Bank Innovation

Apple Pay is now available as a payment method for more than 2.5 million consumers and 45,000 U.S. billers on doxo, the bill payment network announced today.

Apple Pay and Google Pay now enabled on Worldline payment terminals in Germany

Worldline [Euronext: WLN], the European market leader for payment and transaction services, now supports the modern mobile payment solutions Apple Pay and Google Pay on its payment terminals which allows users to pay easily via smartphone or smartwatch.

I Got the Mark of the Beast – And It Will Hold My Bitcoin - CoinDesk

There's a lot of overlap between bitcoiners and body hackers. CoinDesk editor Bailey Reutzel traveled to Austin, Texas to explore that crossroads and become a bitcoin holding (literally) cyborg.

Bitfury Integration to Bring Bitcoin Lightning Payments to More Merchants - CoinDesk

Bitfury Group has partnered with business payments processor HadePay to bring lightning network-based bitcoin payments to merchants.

Samsung Pay Will Integrate Cryptocurrencies for 10 Million Users: Report

Even before the official announcement of Samsung Electronics on the launch of the Samsung Blockchain Wallet, local publications speculated that Samsung Pay could be behind the high-profile crypto integration for the Galaxy S10. If Samsung Pay

Philadelphia bans cashless stores

Philadelphia has become the first major US city to ban cashless stores and restaurants in a move designed to end discrimination against the unbanked.

Fake News: Japan’s Largest Bank isn’t Launching a Cryptocurrency

Several crypto media outlets have reported that Japan’s Mizuho, the country's largest bank, and dozens of others are launching a blockchain product. According to Quartz, however, these reports are false in the extreme: J-Coin has

Big tech’s blockchain projects haven’t disrupted banks — yet

Tech giants have been experimenting with blockchain technologies for years, and while they haven’t displaced banks, there’s still cause for concern.

Barclays to merge BPay, Pingit products as banks fend off Apple

Barclays Plc is preparing to merge its wearable mobile payments product BPay with its more popular Pingit app, after it struggled to attract users.

Monese adds Turkish language customer support

Monese, the globally-connected banking service for mobile people, today introduces Turkish language customer support to its growing international offering.

Winning PSD2: Amazon, the Chinese, or just your own familiar bank?

PSD2, the new regulation that will open up retail banking… another regulation that triggers very lit...

Wirecard Now Offering Apple Pay to Twisto Customers in the Czech Republic

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it is now offering Apple Pay to Czech Republic customers of Twisto, a mobile payment provider. Wirecard reported that the Czech Republic is the latest country where it has integrated Apple’s payment service immediately upon the

Apple Pay's rebirth gives Goldman a gateway to consumers

Banks and Apple Pay have not always had easy partnerships, but a hot market for co-branded cards gives Goldman Sachs a chance to advance its consumer ambitions and Apple an opportunity to offset slumps in device sales.

Apple Wallet to get Goldman-backed credit card and PFM features - WSJ

Apple is working with Goldman Sachs on the release of a joint credit card paired with personal financial management applications, according to the Wall Street Journal.

Apple and Goldman Sachs to Partner on Credit Card Linked to iPhone Wallet

Apple (NASDAQ: APPL) and Goldman Sachs (NYSE: GS) are hooking up with a new credit card scheduled to launch this spring, according to a report in WSJ.com. Rumblings of a Goldman - Apple partnership first emerged in May of 2018, again reported by WSJ. At

Apple, Goldman to test joint credit card: Report

The move, reported by The Wall Street Journal, could be part of a deeper foray into co-branded cards by Goldman, which has been expanding into consumer finance through its Marcus unit.

US cities look into banning cashless stores

The US push back against cashlessness has begun in earnest, with several cities and states taking steps that could force stores and restaurants to accept paper money.

Samsung Galaxy S10 Crypto Wallet 'Highly Likely' During Today's Launch

According to a local publication in South Korea, Exynos 9820 it could be a big hint for Samsung’s crypto wallet integration.

Samsung Galaxy S10 Crypto Wallet 'Highly Likely' During Today's Launch

According to a local publication in South Korea, Exynos 9820 it could be a big hint for Samsung’s crypto wallet integration.

Apple [Finally] Realizes its iPhone Problem But Pivot Sees Major New Challenges

Apple, the $801 billion electronics giant, is reportedly initiating major changes in its executive team by altering roles and establishing new strategies.

Apple SEC Filing Mentions Blockchain in Regards to Conflict Minerals Management

In a relatively obscure filing with the Securities and Exchange Commission, tech behemoth Apple (NASDAQ:AAPL) indicated its participation in blockchain tech. First uncovered by CoinDesk, the specific filing  Form SD (Specialized Disclosure Report) pertains to Apple's Conflict Minerals Report for the reporting period January 1, 2018,

Card spending tipped to double as contactless becomes the norm

Global card expenditure is tipped to almost double over the next four years as surging growth in contactless payments continues to push the plastic payment card into the low value cash market.

Card expenditures tipped to double as contactless becomes the norm

Global card expenditures is tipped to almost double over the next four years as surging growth in contactless payments continues to push the plastic payment card into the low value cash market.

Apple Pay Finally Arrives to BNP Paribas & Hello Bank! Customers in France

BNP Paribas announced earlier this week that it is now offering Apple Pay to its customers, as well as Hello bank! customers in France. This news comes just a couple of months after BNP Paribas announced it was bringing Apple Pay to its customers in Belgium.

Apple Pay arrives for BNP Paribas and Hello bank! Customers in France

In Europe, the proportion of payments made via smartphone continues to rise, with the penetration of mobile devices and the increasing volume of uses representing significant development potential for the mobile payment market.

Jack Doesn't Want to Integrate Any Other Cryptocurrency Apart From Bitcoin on Square

Square and Twitter CEO Jack Dorsey has made it very clear that Square will only support Bitcoin (BTC) in the foreseeable future.

Monese adds Apple Pay support

Monese, the globally-connected banking service for mobile people, today brings its customers Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient.

UK Digital Bank Monese Brings Apply Pay to Customers

Digital challenger bank Monese announced on Tuesday it is now offering Apple Pay for all personal Monese cards across the UK, France, Germany, Italy, Spain, Finland, and Ireland. According to Monese, customers may now make payments from both their UK or European Monese cards, easily and

UK Digital Bank Monese Brings Apply Pay to Customers

Digital challenger bank Monese announced on Tuesday it is now offering Apple Pay for all personal Monese cards across the UK, France, Germany, Italy, Spain, Finland, and Ireland. According to Monese, customers may now make payments from both their UK or European Monese cards, easily and

N26 Now Offering Apple Pay For Customers in the UK

Germany-based challenger bank N26 announced on Monday that Apple Pay is now available for its customers in the UK. According to N26, the mobile payment system integrated directly with N26 current accounts, which means customers may quickly add their Mastercard to Apple Pay directly in the N26

N26 goes live with Apple Pay in the UK

N26, Europe’s leading mobile bank, has today launched Apple Pay to its customers in the UK, providing them with an easy, secure and private way to pay.

Wirecard Announces Expansion of Collaboration With Google Pay in Europe

Germany-based global provider of digital payments and commerce solutions Wirecard announced last week it is expanding its cooperation with Google Pay and is making its mobile payment app, boon, available for the wallet solution in Ireland, Spain, and the UK. Wirecard reported that the mobile app's users

Are payment cards under threat?

Consumers do not only compare how easy it is to make payments when buying goods with traditional pro...

Is Apple Pay Trying To Do Away with the Point of Sale? | Bank Innovation | Bank Innovation

Apple envisions an Apple Pay beyond its current role at the point of sale and P2P. The Cupertino tech giant is already looking to embed itself further in retail

Apple Pay Helps Bolster Tech Giant's Services Revenue Gains | Bank Innovation | Bank Innovation

Apple's mobile payment service Apple Pay helped the company's services business revenue grow 19% year-over-year to reach an all-time high of $10.9 billion in

Samsung Pay May Integrate Crypto on Millions of Smartphones, Starting With the Galaxy S10 - What's the Realistic Impact?

According to a report from The Korea Herald, Samsung Pay could integrate crypto into the Samsung Galaxy S10, which may fuel mainstream adoption.

Wirecard extends collaboration with Google Pay

Wirecard, the global innovation leader in digital financial technology, is expanding its cooperation with Google Pay and is making its mobile payment app boon available for the wallet solution in Ireland, Spain and the United Kingdom.

Curve: ‘All Your Cards in One’ Syncs Debit and Credit Cards Onto the Curve App

Curve, an App based smart card that combines all of your credit and debit cards on a single (digital and physical) card, has announced the return of American Express support. Curve revealed last November that they were 'bringing Amex back.'  The return of Amex support

Microsoft Wallet retires

Bowing to the inevitable, Microsoft is killing off its contactless payments app for Windows phones.

Apple Pay Trending Up as Target, Other Retailers Add Payment Option | Bank Innovation | Bank Innovation

Apple Pay was trending across social media today on news the payment option will soon be accepted at Target, Taco Bell and other major U.S. retailers. According

Apple Pay is Coming to Target, Taco Bell, & Other U.S. Retail Locations

Apple's mobile contactless payment system Apple Pay announced on Tuesday it is coming to Target, Taco Bell, Hy-Vee supermarkets in the Midwest, Speedway convenience stores, and Jack in the Box.  According to Apple, 74 of the top 100 merchants in the US and 65 % of all retail locations

Apple Pay comes to Target and Taco Bell

Target, Taco Bell, Hy-Vee supermarkets in the Midwest, Speedway convenience stores and Jack in the Box are the latest merchants to support Apple Pay, the most popular mobile contactless payment system in the world that lets customers easily and securely pay in stores using their iPhone and Apple Watch.

Church of England appraises 'digital collection plate'

The Church of England has teamed up with payments firm SumUp to trial a 'digital collection plate' that lets members of church congregations donate with their card or phone, rather than cash.

ANZ extends Apple Pay offering with eftpos choice

From today, millions of ANZ’s debit cardholders can now choose eftpos when paying with Apple Pay on an iPhone or Apple Watch.

TD Ameritrade provides funding for brokerage accounts through Apple Pay

TD Ameritrade is making it possible for individual investors to fund a brokerage account with just a few clicks on an Apple iPhone.

TD Ameritrade lets investors fund accounts with Apple Pay

TD Ameritrade announced an industry first today: the ability for individual investors to instantly fund a brokerage account with Apple Pay through Apple Business Chat in the Messages app on iPhone and iPad.

Apple Pay Streamlines Money Transfers to TD Ameritrade

Brokerage TD Ameritrade has partnered up with Apple (NASDAQ:APPL) to provide a streamlined money transfer. As of today, individual investors may instantly transfer funds to their brokerage account via Apple Pay and Apple Business Chat using iMessages. In a release, TD Ameritrade explained that historically

What the 'Marie Kondo Effect' Could Mean for Standalone Fintech Apps | Bank Innovation | Bank Innovation

People are trying to declutter their phones as well as their homes -- is this a problem for standalone apps like PayPal-owned Venmo? "I don't need Venmo when I

Yello rolls out tablet-sized payment terminal

Payment terminal and payment services provider Yello today announced that its revolutionary new Y7 terminal has received all industry approvals and certifications and is now ready for market.

Square introduces in-app payments SDK

Today Square (NYSE: SQ) announced the launch of the Square In-App Payments Software Development Kit (SDK), enabling developers and sellers to process payments with Square within their consumer-facing mobile apps for the first time.

Should You Worry About Contactless Credit Card NFC Skimming

If you have a contactless card, you might have worries about skimming. A contactless card or “fricti...

Monzo Looks Back on 2018 Successes & Announces 2019 Goals

Just days after ringing in the new year, UK challenger bank Monzo took a look back at all of its successes throughout 2018. The fintech unicorn hit various milestones throughout the past twelve months, including quickly securing £20 million through its most recent crowdfunding round and

Huawei Pay enters first overseas market

Chinese multinational conglomerate Huawei is moving to spur global adoption of its riposte to rival contactless payment services from Apple and Samsung with the first overseas roll-out of Huawei Pay in Russia.

Millennials Using Phone Payment Apps Make Worse Money Decisions

Mobile payments is one of the hottest sectors in Fintech. Venmo and Square/CashApp have battled for years over the hearts and minds of millennials, with CashApp recently declaring victory- thanks in part, some say, to its pioneering incorporation of Bitcoin trading into the app. In May,

Apple forced to rewire Apple Pay following complaints by Swiss banks

Apple has agreed to adjust the functioning of its mobile payments application to avoid a run-in with Swiss competition authorities over complaints by the banks that the consumer electronic giant was trying to over-ride the Twint app at contactless payment terminals.

Wirecard Expands Partnership With Dash Through Communications Group Singtel

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday it is expanding its partnership with Dash through communications group, Singtel. According to Wirecard, Dash’s customers may make payments using Apple Pay at millions of participating on- and offline merchants worldwide. Wirecard reported

Norway prefers Alipay to Apple Pay

from Alizila Nordics are awesome in so many ways. And one of those is my favorite fintech. We are

Russia wants to adapt its payment laws to market reality

“Central Bank of Russia takes control over foreign payment systems and e-wallets”, “Alipay and WeCha...

11.15.18 Your morning briefing

The information you need to start your day, from PaymentsSource and around the Web. Today: Singapore enhances its fintech sandbox; IMF official pushes central bank virtual currency; CBA boosts blockchain, India's post office adds e-commerce.

Wirecard Brings Mobile Payments to Stuttgart | PYMNTS.com

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Wirecard teaming up with Stuttgart-Marketing GmbH to create the “first official China Pay City in Germany.” In addition, Google is bringing Google Pay to the UAE, and AlipayHK plans to bring quick-response (QR) code payments to a transportation system in Hong […]

Moscow Residents are Slowly Warming to Crypto Payments: Study

In Moscow, green shoots of crypto adoption are finally starting to emerge, albeit slowly, according to a new study from Yandex.Money.

Swiss banks raided by anti-trust watchdog over mobile payment allegations

A group of Swiss banks are under investigation by the country's anti-trust authorities over whether they boycotted mobile payment services from Apple and Samsung in order to improve the prospects of their own competitive offering Twint.

Russian banks get ready for contactless ATMs; MIR cards go international with Ingenico

A clutch of leading Russian banks are preparing for the introduction of contactless ATMs, enabling users to make withdrawals and conduct currency transactions at the cash point via popular payments apps from Apple, Samsung and Google.

Retailers Team With Providers For Payments | PYMNTS.com

Online shopping is on a tear, and marketplaces are reaping the rewards. Some sites are seeing more active buyers and higher gross merchandise sales (GMS) as consumers look to buy all sorts of items from merchants and creators. Etsy, for instance, recently noted that active buyers on the site grew by 17 percent to reach […]

INV Fintech welcomes new class of startups

INV Fintech has announced its sixth accelerator class, which begins this week with six unique startups that are seeking to revolutionize financial services, the accelerator announced today.

Bingxi Culture Works With Alipay For Art | PYMNTS.com

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the launch of China’s Bingxi Culture “art sharing” platform that enables people to lease out art using Alipay. In addition, Razer’s mobile wallet dubbed Razer Pay may come to tens of thousands of point-of-sale (POS) terminals in Singapore, and a Worldpay […]

INV Fintech Announces Sixth Class of Startups | Bank Innovation | Bank Innovation

INV Fintech, Bank Innovation's sister accelerator, has announced its sixth accelerator class, which begins this week with six unique startups seeking to

Five Innovative Ways Consumers Shop | PYMNTS.com

In the connected age, consumers have more ways to interact with retailers than ever before. While brick-and-mortar stores are still popular with shoppers, they are also looking to new channels to buy clothes or their weekly groceries. Simply said, consumers are turning to their mobile devices to make purchases that they might have once made […]

ModoPayments On 'Auth Shopping' For Merchants | PYMNTS.com

Decline rates are on the rise, reaching 30 percent of CNP transactions, depending on where one looks. Bruce Parker, CEO of ModoPayments, said that’s a bit of a black box and plumbing issue, where going “auth shopping” might help boost conversion rates. A marketplace model among payment services, too, may open up a whole new eCommerce world for merchants.

7-Eleven Adds Scan & Pay Mobile Payments | PYMNTS.com

Cashierless payments are set to increasingly be part of the convenience store checkout model. To that end, 7-Eleven said earlier this week that is debuting scan-and-go options at 14 of its Dallas-based stores, with the goal of bringing that technology to additional locations through 2019. The Scan & Pay feature exists within the convenience store […]

The war on cash in Belgium and The Netherlands: a state of play on contactless mobile payments

The last few weeks we, payments experts, were excited with news from banks and their contactless

Apple's Plan To Boost Services Revenue | PYMNTS.com

Apple’s taken a beating since announcing its Q4 earnings last week. The stock price is off nearly 7 percent, even though its trillion-dollar market cap remains intact. Analysts and the media smelled blood in the water after CEO Tim Cook said Apple would stop reporting unit sales of its products, including its crown jewel, the […]

Can QR Codes Make It in America? SwiftPass Thinks So | Bank Innovation | Bank Innovation

The scale of mobile payments in China staggers the Western imagination. In 2017, $15.4 trillion in mobile payments were processed, 54% by Alipay, and 39% by

Adyen Expands Payments Platform Into Canada | PYMNTS.com

Adyen, the payments platform company, announced Tuesday (Oct. 30) that it has expanded into Canada and landed four new customers. In a press release, Adyen said it was chosen by Dollar Shave Club, Adidas, Busbud and Canada Goose to process payments. The company said the expansion into Canada brings a unified commerce capability to domestic and […]

The New Effort to Get Bitcoin's Lightning Network In Every Browser - CoinDesk

Devs are looking to make bitcoin's layer-two lightning network compatible with a payment standard used by all major browsers – and so far, so good.

Banks versus tech giants - it's not all about the technology

Apple, Alibaba, Google and Tencent are all moving into payments. Alibaba is also moving into consume...

Hotel Apps Book With Artificial Intelligence | PYMNTS.com

With the help of travel experts, hotels can tap into a new channel to drive online bookings: Travelers can be inspired to book a reservation after seeing a photo or recommendation from a knowledgeable explorer. In that spirit, SIX Travel provides explorers with a curated list of hotels specifically handpicked by travelers, editors and publishers. […]

Hotel Apps Book With Artificial Intelligence | PYMNTS.com

With the help of travel experts, hotels can tap into a new channel to drive online bookings: Travelers can be inspired to book a reservation after seeing a photo or recommendation from a knowledgeable explorer. In that spirit, SIX Travel provides explorers with a curated list of hotels specifically handpicked by travelers, editors and publishers. […]

Some States Accept Cards for Mega Millions | PYMNTS.com

Payment cards could play a role in making somebody, or a group of people, insanely wealthy tonight via the $1.6 billion Mega Millions drawing scheduled for 11 p.m. ET Tuesday night (Oct. 23). That’s because some states have loosened their restrictions on letting consumers buy lottery tickets. According to reports, 32 states allow consumers to […]

Marqeta expands into Europe

Marqeta, the open-API platform pioneering the future of modern card issuing, today announced its expansion into the European market. In collaboration with strategic partner Visa, Marqeta has acquired new customers and opened a London office led by a team of U.K.-based industry experts.

Starling Bank moves to open accounts for 16 and 17-year olds

We’re opening up our mobile-only personal account for 16 and 17-year-olds.

Tinkoff Bank launches mobile app for kids

Tinkoff Bank is expanding its banking platform for children and teenagers with the launch of Tinkoff Junior, a mobile app that gives young clients an easy-to-use and robust tool to manage their personal finances.

Square releases new all-in-one eftpos terminal

Today, Square, Inc. (NYSE: SQ) announced Square Terminal, an integrated and innovative all-in-one card processing device designed to be fast, fair, and secure.

Tinkoff Black card-holders can now keep their money in 30 currencies

Tinkoff Bank is offering its customers the opportunity to open multiple Tinkoff Black accounts in as many as 30 currencies at a time.

Crypterium to allow users to refill PayPal and bank accounts with cryptocurrencies

Former Visa CEO’s startup Crypterium announced launch of its new feature that enables its users to send crypto directly to bank accounts.

Worldnet adds GooglePay support

Worldnet, a provider of the leading cloud management platform for omni-channel payments, has completed GooglePay certification to enable payment service providers (PSPs) and independent sales organizations (ISOs) the capability to accept payments from any device using the GooglePay platform.

Cayenne Offers Daily Deals on Menswear Brands | PYMNTS.com

Small menswear brands, even some that are considered to be medium or large, might face a challenge when it comes to marketing: How do they get in front of consumers? Michael Sacks, who co-founded Cayenne, settled on a Woot-like deal-of-the-day platform to enable these brands to put their clothing or accessories up for sale over […]

KBC adds support for Garmin watch payments

From Tuesday 23 October, KBC, CBC and KBC Brussels customers with a payment-enabled Garmin sports watch will be able to use it to pay for purchases.

Contactless overtakes Chip and PIN for in-store transactions

Worldpay is declaring a tipping point for contactless payments in the UK, as tap and pay transactions overtake Chip and Pin for in-store card payments for the first time.

‘Everyone Is the Bank’: Blockchain Network Allows Anyone to Launch Their Own Coin

A blockchain network is enabling anyone to create their very own coin, which can be easily exchanged for other cryptocurrencies and fiat money.

‘Too Many Disappointing ICOs’. Crypto Payment Startup Launches With ‘No Funding’ Strategy

A startup has shunned ICOs and launched a platform designed to make paying in crypto as easy as contactless cards without external funding.

CVS Rolls Out Support for Apple Pay | PYMNTS.com

Months after Apple CEO Tim Cook said CVS would be accepting Apple Pay, the retailer has brought support for the mobile wallet to stores across the country. The retailer had reportedly slowly brought the functionality to its brick-and-mortar stores, and the rollout has now been publicized, MacRumors reported. “Get your essentials in a flash,” Apple […]

3 outdated stereotypes that hassle with your business expansion to Russia

The nature of my job is to establish partnership between fintech, e-commerce and digital businesses ...

An Acquisition In Store For Snapchat? | PYMNTS.com

Snapchat, according to recent reports, is having cash flow troubles. The app that got famous for its disappearing messages is looking like it will either need to raise a some capital by sometime in 2019 or run the risk of going broke, according to a note by MoffettNathanson. “While it is obvious that Snap wasn’t prepared for life […]

Apple adds student ID cards to Wallet

Students at three universities can now add their ID cards to Apple Wallet, enabling them to pay for their laundry and lunch using their iPhones and Apple Watches.

M&S debuts mobile checkout

M&S has today announced the launch of its scan and pay service, Mobile, Pay, Go, which will be available for customers in six London stores ahead of Christmas.

Pizza Locker Pickup — The Right Combination | PYMNTS.com

From Amazon to Home Depot, retailers are turning to lockers as a way for customers to pick up their orders in brick-and-mortar stores. These devices can store a wide range of products from the latest bestsellers to tools for a home improvement product. But can quick-service restaurants take advantage of this technology? Little Caesars found […]

Pizza Locker Pickup — The Right Combination | PYMNTS.com

From Amazon to Home Depot, retailers are turning to lockers as a way for customers to pick up their orders in brick-and-mortar stores. These devices can store a wide range of products from the latest bestsellers to tools for a home improvement product. But can quick-service restaurants take advantage of this technology? Little Caesars found […]

ANZ introduces cardless cash withdrawals across ATM network

ANZ customers will be able to withdraw cash from ANZ ATMs using their preferred mobile payments device instead of plastic cards across the bank’s entire range of mobile payments: Apple Pay, Samsung Pay, Google Pay, Gamin Pay and Fitbit Pay.

ANZ kills off goMoney app in favour of Google Pay

From today, ANZ New Zealand personal Visa debit or credit card customers can make contactless payments with compatible Android smart phones using Google Pay.

Startup Curve Ahead On All-in-One Card Offering | PYMNTS.com

The graveyard of payments innovation is littered with would be all-In-one cards. Batteries? Plastic? Failed startups? Curve's CEO Shachar Bialick tells Karen Webster that the secret to consolidated card success lies with letting consumers decide on payment methods — long after the transaction is done. Call it a (payment) switch on an old model.

eBay Managing Payments on Marketplace Platform | PYMNTS.com

eBay announced on Tuesday (Sept. 25) that it has started managing payments on its Marketplace platform in the U.S. In a press release, the company said that earlier this year, it announced plans to intermediate or manage the payments flow on its platform, and that it has now started doing that. “The introduction of eBay’s new […]

HOFA: The Best Digital Currency in Africa?

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned

Bank Of America Corporate Banking Lead To Exit | PYMNTS.com

A top corporate banking executive at Bank of America (BoA) is slated to depart the institution, according to The Wall Street Journal (WSJ) reports Thursday (Sept. 20). The head of BoA’s corporate and investment banking unit, Christian Meissner, is planning to leave, the WSJ reported, citing an internal memo. The departure will conclude nearly seven years in […]

Origami Partners With UnionPay For Expansion | PYMNTS.com

Welcome to The Axis, your late look at payments news from around the world. In Japan, Origami rolls out its international Origami Pay mobile service, Moody’s lauds the debut of a unified payment QR code in Singapore and Ireland’s Aircoach launches contactless payments on its busses. Japan’s Origami plans to debut its Origami Pay mobile service to outlets in other countries through an […]

ANZ introduces cardless ATM withdrawals

Customers of ANZ can now leave their wallets at home and withdraw cash from the Australian bank's ATMs with their mobile phones via Apple Pay and Google Pay.

Retail Pulse: Good Housekeeping Plans Pop-Up | PYMNTS.com

Digitally native brands, Casper among them, have turned to pop-up shops to introduce their products to consumers through an offline experience. And, this week, an iconic American magazine, Good Housekeeping, said it was opening a pop-up shop of its own in the Mall of America called the GH Lab that, too, melds the worlds of […]

BofA Merrill introduces mobile wallets for business cardholders

Starting this month, mobile wallets will begin to make our commercial clients’ lives easier through faster, more secure and more efficient business purchases, while providing the same convenience they have in their personal transactions.

Bank of America Merrill Lynch Launches Mobile Wallets for Corporate Clients | Bank Innovation | Bank Innovation

Only months after launching a digital prepaid card for its corporate customers, Bank of America Merrill Lynch continues to expand its digital offerings for its

Bank of America Links Biz Cards, Mobile Wallets | PYMNTS.com

Bank of America is adding mobile wallet functionality to its suite of commercial card products, the bank said Wednesday (Sept. 12). In a press release, Bank of America said its corporate cards are now compatible with mobile wallets including Apple Pay, Google Pay and Samsung Pay, citing business travelers’ mobile payment needs as a stop […]

7-Eleven C-Store Takes Google Pay, Apple Pay | PYMNTS.com

To speed up shopping trips for its customers, 7-Eleven now takes Google Pay and Apple Pay at most of its U.S. locations. The new options are in addition to other mobile payment choices the chain offers, such as Samsung Pay, Chain Store Age reported. “Frictionless experiences are the future, and digital payments are key to […]

5 Best Practices for Mobile Payments in 2018

Mobile commerce is on track to comprise over 63% of ecommerce sales in 2018, and an estimated 73% b...

Urban Outfitters Speeds Up And Branches Out | PYMNTS.com

Flash back in time to 2016. Urban Outfitters was beginning to look like a lot of other physical retail brands that were getting into hot water in the digital age. Comparable sales were down, revenue was falling and the murmurs about another once-hip brand falling from grace started to make the rounds. But Urban Outfitters […]

Starling Launches Bank Accounts for Teens | PYMNTS.com

Starling Bank, the mobile-only bank, announced on Thursday (Aug. 30) it rolled out current accounts for 16- and 17-year-olds. In a press release, Starling Bank said the accounts will have the same functionality of a full current account, enabling young people to manage money and access payment options including Apple Pay, Samsung Pay, Google Pay, […]

Starling Bank Debuts Current Accounts for 16 & 17 year olds

Digital challenger bank Starling Bank announced on Thursday the launch of its current accounts specifically for 16 and 17-year-olds. According to Starling Bank, the accounts will have the functionality of a full current account, empowering young people to manage their money effectively and offering them payment

Chipotle Teams Up With DoorDash For Delivery | PYMNTS.com

As Chipotle Mexican Grill seeks to bring more people to eat its tacos and burritos, the quick service restaurant (QSR) is teaming up with DoorDash for delivery. The tie-up comes as CEO Brian Niccol has been working on turnaround efforts such as a loyalty program, Reuters reported. With the offering, Chipotle customers will be able […]

Reality check: Mobile Payments in Germany – Could Cashless and Contactless Become Meaningless? | The Fintech Times

Instead of counting notes and coins or entering a PIN, smartphones have the potential to become a popular method of payment in Germany.

Sainsbury's rolls out scan and pay tech

In a UK supermarket first, Sainsbury’s is trialling new scan, pay and go technology that will enable customers in one of its busy London convenience stores to pay for products in-store using their smartphone.

Samsung Pay Crosses 1.3 Billion Transactions, But Falls Short of Apple Pay | Bank Innovation | Bank Innovation

As it makes its way to South Africa and continues to amass impressive partnerships with the likes of Alipay and PayPal, Samsung Pay might have completed three years in the mobile payments market, but its numbers still lag its main rival, Apple Pay. Samsung revealed yesterday that it had completed 1.3 billion

Digital Bank Revolut Launches "Metal Card" - Offers Cashback in Crypto | Crowdfund Insider

Revolut has announced the official launch of a new product. Revolut "Metal card" enables users to receive cash back in either cryptocurrency or fiat at a

Samsung Pay surpasses 1.3 billion transaction mark

Samsung Electronics is celebrating the third anniversary of the launch of its mobile payment service, which has now surpassed more than 1.3 billion transactions globally.

How to Acquire More Checking Accounts in an Amazon World

In the Amazon age, people expect a seamless experience and instant gratification when they are looking to switch their banking provider.

Will Revolut Finally Announce a US Digital Banking Option or Something Else? | Crowdfund Insider

For the past few days, Revolut - a digital only challenger bank that has achieved unicorn status, has been teasing out a new announcement with a Twitter

Klook Travel Booking Platform Global Expansion | PYMNTS.com

Having $1 billion in bookings and more than 200 destinations globally – those are big numbers, to be sure, but these are not stats gleaned from an airline. Throw another round number into the mix: $200 million. That’s the amount that Klook — a startup based in Hong Kong, which focuses on the travel industry — raised in funding […]

P2P Payments to Increase 3-Fold, And So Must Fraud Controls | Bank Innovation | Bank Innovation

The demand for P2P payments does not seem to be slowing anytime soon. A study released this month by research firm Aite, and Early Warning, the parent company to bank-backed P2P payment company Zelle, found that P2P payments will triple by 2020. In the U.S. alone, Aite projects "over 300% growth from 2015 to 2020—from

P2P Payments to Increase 3-Fold, And So Must Fraud Controls | Bank Innovation | Bank Innovation

The demand for P2P payments does not seem to be slowing anytime soon. A study released this month by research firm Aite, and Early Warning, the parent company to bank-backed P2P payment company Zelle, found that P2P payments will triple by 2020. In the U.S. alone, Aite projects "over 300% growth from 2015 to 2020—from

Apple Pay growth set to fuel smartphone sales

The ability to conduct mobile payments is set to become a key theme in future marketing campaigns for the Apple iPhone, as international growth pushes transactions to new heights, according to research from US venture capital outfit Loup Ventures.

Will Apple Join the Connected Car Future? | PYMNTS.com

Americans do a lot of driving. According to the latest edition of the American Driving Survey, each Americans spends about 290 hours a year behind the wheel, driving about 10,000 miles. As a nation, Americans drive some 2.5 trillion miles per year. To put those figures in some perspective, the amount of time the average American spends on the […]

eBay Will Offer Loans to Small Businesses and Accept Apple Pay

eBay is further streamlining its online auction platform. Sellers will soon be able to access funding to grow their business. Additionally, Apple Pay will become an accepted payment method on this popular online platform. All of these changes further confirm eBay is paying a lot of attention to addi…

Square Pulls eBay Into SMB Lending Space | PYMNTS.com

When eBay announced that it would be accepting Apple Pay, it wasn’t the only new development for the online marketplace. The company also revealed a partnership with Square to offer financing to companies selling on eBay, heating up competition with its rival, Amazon. Bloomberg reported Tuesday (July 24) that eBay will begin offering merchants up to […]

Five at Five: Apple Pay Joins eBay Ecosystem | PYMNTS.com

Welcome to Five at Five, your late look at the payments and commerce news of the day. Coverage includes eBay entering a new relationship with Apple Pay, MoneyGram and Visa announcing a new P2P partnership, Amazon expanding its Whole Foods Market delivery service to new Florida and New York markets, Synovus Financial acquiring FCB Financial […]

Apple partners Goldman Sachs on credit card - WSJ

Apple is teaming up with Goldman Sachs to launch an Apple Pay-branded credit card next year, according to the Wall Street Journal.