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Bank Technology News
June 1, 2008
Glen Fest |
Fractured World Of Contactless Cards To grow its Zip contactless payment platform, Discover Network has in place the chip orders, the merchant acquirer programs, terminal hardware deals and, of course, the user base. There's only one thing missing: the cards.   |
Bank Systems & Technology
October 30, 2007
Richard Winston |
Mobile Wallet Will Take Time to Mature In U.S. Contactless payments are a transitional technology on the way to the anticipated wallet phone. |
Bank Technology News
May 2010
John Adams |
On Your Chip, Get Set, Pay!! Before the mobile contactless payments race has even kicked off, First Data and Visa have grabbed the wheels of the pace car to move the pack faster. |
Bank Technology News
February 2007
Glen Fest |
Mobile Payments: Fair Play In HSBC Phone Pay Trial HSBC Credit Card Services is piloting the viability of mobile phones enabled with the Near Field Communication standard to measure interest in using phones with MasterCard's PayPass system. The trial is the latest stab at proving the viability of the mobile wallet. |
Bank Technology News
May 2009
Steve Bills |
Which Comes First, Stickers or The Phones? Card companies are betting that if they stimulate consumer demand for mobile payments, it will spur the phone networks and manufacturers to move faster on improving the technology. |
Bank Technology News
March 2007
Glen Fest |
Mobile Payments: FSTC Wants Turf Talks for Mobile Wallets FSTC and Clearing House officials are examining ways to find common ground and agreed-upon standards allowing banks, carriers and cell-phone manufacturers to finally roll out the mobile wallet that remains frustratingly futuristic. |
Bank Technology News
December 2010
Andrew Johnson |
2010 Was Banking's Year of Mobile; Payments Next The recent Verizon, At&T, and Discover deals, along with a few others, suggests that next year will be the year that mobile payments dominate the headlines in the United States. But which business model will lead the industry is still anyone's guess. |
Bank Technology News
April 2011
Andrew Johnson |
Apple Delays NFC Apple Inc. boasts that its iPhone "changes everything," but against the expectations of many bankers, it may not be changing payments-at least not this year. |
Bank Technology News
January 2011
Shane Kite |
Discover Battles Rivals, Skeptics Discover Financial Services' execution of its long-expected "mobile wallet" will define its role in mobile commerce, a future where consumers make contactless payments with their cell phones and receive wireless deals as they enter stores. |
U.S. Banker
March 2010
Wade & Bills |
Waiting For Contact The hardware works, and consumers worldwide think it's a cool idea. Still, near-field communication chips have made about zero progress morphing mobile phones into contactless payment tools. |
U.S. Banker
August 2009
Charles Keenan |
The Next Frontier Experts say there's good reason to believe that mobile payments will become as widespread as Internet banking and ATMs. And if banks aren't ready, other providers, such as wireless phone carriers and payment vendors, will steal the show. |
Bank Systems & Technology
February 21, 2008
Nancy Feig |
BART Pilot Allows Users to Pay for Mass Transit Fares With Mobile Phones The Bay Area Rapid Transit trial likely will become a model for future mobile payments initiatives. |
Bank Technology News
July 2009
Mark Rennie Davis |
High Volume Crucial to Contactless Success Successfully expanding the use of contactless payments enables issuers to capture myriad day-to-day spending -- on items such as fast food, newspapers, and groceries -- which consumers and merchants are reluctant to use plastic for. |
Bank Systems & Technology
September 28, 2005
Maria Bruno-Britz |
Is the End of Cash at Hand? The growing comfort with digital and wireless technologies may be largely responsible for the recent upswing in e-payments. Of course, the trend has not gone unnoticed by the financial services industry. |
CFO
October 1, 2008
Yasmin Ghahremani |
Cash, Credit, or Cell Phone? Mobile payments may soon change the way Americans buy. |
The Motley Fool
December 17, 2010
Gabriel et al. |
Carriers to Build Mobile Phone Payment Network Will we soon be swiping our cell phones in the check-out line? |
Bank Systems & Technology
May 15, 2008
Paula Damiano |
Contactless Payments Are a Stepping-Stone to Mobile Cooperation among disparate entities is the key to achieving mobile payments. |
Bank Systems & Technology
March 30, 2007
Maria Bruno-Britz |
Retail Payments Business Moving More Toward Mobile Increasingly, banks are under pressure to provide multiple payments options to keep customers from going to the bank down the street or even to a nontraditional financial services provider. |
CIO
April 17, 2012
Cameron Scott |
Paying with Smartphones to Outpace Credit Cards By 2020, Experts Say A Pew Research survey found that most tech insiders believe near field communications (NFC) payments will go mainstream |
The Motley Fool
November 16, 2010
Carl Bagh |
AT&T, Verizon and T-Mobile Building Mobile Payment Network These wireless carriers want to make mobile wallet a reality. |
Bank Technology News
December 2010
John Adams |
Canadian Banks Take Debit Contactless Believing consumers are ready to abandon cash for small purchases, Scotiabank and RBC will be the first banks to put InteracFlash chips onto their debit cards in Canada. |
InternetNews
February 25, 2005
Susan Kuchinskas |
Speed the Wireless Payment RFID-enabled 'proximity' payments could go wide in 2005, but it's up to merchants to make the move. |
CRM
February 2012
Leonard Klie |
Consumers Want NFC-Enabled Mobile Wallets An analyst firm predicts that mobile shopping will create a multi billion-dollar industry for credit card companies, online retailers, and mobile operators. |
Bank Technology News
June 2009
Steve Bills |
New Bling for Alternative Payments "This is definitely an opportunity to shop local," says Meyer Malka, of Bling Nation, a Palo Alto, Ca.-based contactless payments startup that enables the formation of local merchant networks designed to increase payment revenue for institutions by outflanking national card networks. |
Bank Technology News
March 2008
John Adams |
Is it Time for Tix by Cell? Will the growth of mobile banking and a broad increase in overall mobile phone functionality make consumers more comfortable with using mobile phones to make small purchases? |
Bank Technology News
October 2009
John Adams |
Mobile and NFC are Killing the Cash Star Technology innovations such as NFC and mobile can have a huge impact on non-cash payments. |
The Motley Fool
August 27, 2011
Tamara Rutter |
Stocks Cashing in on Mobile Payments Who will be the dominant player in the growing mobile payments arena? |
Bank Technology News
June 2006
Glen Fest |
Contactless Payments: Visa Wins Faceoff For E-wallets The firm hopes a pilot program at hockey and basketball games in Atlanta will seed the further development of e-wallet initiatives. It's a market estimated at $24 billion. |
BusinessWeek
January 6, 2011
Olga Kharif |
Google's Search for a Digital Wallet Google is considering joining the crowded mobile payments field. NFC technology could turn its Android phones into checkbooks. |
Bank Technology News
May 2010
Jim Schlegel |
US: To EMV Or Not? The promise of EMV is a borderless credit and debit card payment system that stops fraud early in its tracks at point of sale. |
InternetNews
October 13, 2004
Susan Kuchinskas |
Motorola Tests M-Commerce Motorola and MasterCard want to prove that reducing the fumble factor can save merchants money. |
Fast Company
September 2010
Dan Macsai |
Your Smartphone Will Soon Double as Your Wallet The race is on to transform your smartphone into your wallet. |
CRM
April 2013
Kelly Liyakasa |
Adoption Problems Plague Digital Wallets Retailers must overcome security, awareness, and integration issues. |
CIO
March 28, 2012
Lauren Brousell |
Five Things You Need to Know About Near-Field Communications Using NFC for payments is quick and easy for consumers, but the technology still faces some major security issues. |
The Motley Fool
March 28, 2007
Nathan Parmelee |
E-Money Around the World In the move toward a cashless society, the U.S. is lagging behind other parts of the world. |
CRM
December 20, 2010
Koa Beck |
Alcatel-Lucent Announces Contactless Payment and Loyalty Pilot for Sanoma Magazines With contactless stickers and an e-wallet, publisher hopes to enhance magazine marketing at the point of sale. |
Information Today
October 22, 2012
Nancy K. Herther |
Google, Apple Expand Micropayment Systems for Web Content and Mobile Purchasing Google Wallet now lets users purchase web content. Users can sample some portion of the web content, but seeing more of the content will require paying a fee. The system also works for buying other types of products over the web. |
Entrepreneur
October 2006
Amanda C. Kooser |
Field Day New technology could help cell phone payments thrive. |
Bank Systems & Technology
October 1, 2006
Nancy Feig |
Contactless Payments Aim to Take a Bite Out of Small Cash Transactions The final frontier in payments is cash replacement for small transactions, according to Mark Friedman, president and CEO of Peppercoin. |
Bank Systems & Technology
April 26, 2010
Matt Gunn |
Analyst Labels M-Commerce Renaissance a Priority Banks making a concerted push to promote contactless payment technology are focusing on the wrong target and should switch their short-term focus to mobile commerce. |
Bank Systems & Technology
May 4, 2005
Peggy Bresnick Kendler |
Cards Product innovation is key to growth in the card business, but the ability to grow without sacrificing security, speed and reliability is critical. Banks that can provide these things will achieve success. |
Bank Technology News
July 2008
Glen Fest |
How Will Payments Ride Rails? When mobile payments become an everyday reality for banks - and few forecast otherwise - experts say there will be crucial business-line decisions on the suitability of ACH, ATM or card association networks for particular payments. |
Bank Technology News
May 2011
John Adams |
NFC Championship Still Eludes Gartner says the market for NFC-enabled handsets should expand past $240 billion in the U.S. by 2014, up from its current level of about $32 billion. |
Bank Systems & Technology
December 23, 2007
Maria Bruno-Britz |
U.S. Mobile Financial Services Still Needs Operating Model With mobile banking on the rise in the U.S., institutions still are challenged to find the best operating model. |
Bank Technology News
January 2008
John Adams |
Remote Access: Metavante Bulks Up In Mobile Arms Race Tech firms are bulking up their product rosters and bank relationships through a series of acquisitions and partnerships, in preparation for the mobile payments race. |
IEEE Spectrum
June 2012
Joshua J. Romero |
No More Waiting on Near Field Communication Start-ups are making mobile payments work without dedicated hardware |
The Motley Fool
August 20, 2010
Carl Bagh |
Visa Readies to Take on Rising Competition in Payment Biz The world's foremost payment processing company Visa has joined hands with Bank of America to start a trial of contactless payment system using smartphones. |
Bank Technology News
September 2010
Rebecca Sausner |
Joint Venture Aims to Break NFC Logjam Analysts are evenly divided as to whether the yet-to-be-named joint venture will be a revolution in mobile NFC payments in the U.S., or fall flat in the face of too many competing interests and too little demand. |
Bank Systems & Technology
December 23, 2007
Nick Holland |
Forecasts Underestimate the Growth Potential for Mobile Banking Services in the U.S. Even a relatively muted uptake of mobile banking services among mobile subscribers can result in impressive numbers in the U.S., where mobile subscriber penetration has reached more than 80 percent of the population. |
Bank Systems & Technology
December 1, 2003
Cynthia Ramsaran |
Contactless Trial Takes Off MasterCard introduces contactless card trials in smaller markets. |
