A new collaboration between Visa and smartphone maker Samsung electronics brings simple mobile point-of-sale (mPOS) payment capability to millions of businesses without the need for expensive hardware, maintenance, and training. Visa’s Tap to Phone makes it easy for sellers to use Samsung’s new Galaxy XCover ...
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Banking
Banking
Back in July 2019, more than 50 banks and corporations signed up with SWIFT to initiate SWIFT GPI tracking of international payments as a way to enhance e-commerce and cross-border business in advance of the November 2020 deadline for users of SWIFT’s payments clearing system. ...
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The Consumer Electronics Show (CES) brought an interesting launch by MasterCard for an augmented reality (AR) app designed to give cardholders a 3-D, 360-degree view of their credit card benefits. Say what? That’s right, MasterCard users will be able to see, explore, and access their ...
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A new study by global card provider Marqeta shows many US and UK consumers are poised to pick digital-only banking as a financial services option. The Marqeta Digital Banking Survey shows digital-only banking–mobile banking apps have surpassed physical branches as the most critical touchpoint of ...
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Despite the high profile of big digital security failures, consumers say they trust banks most with the security and convenience of their digital identity according to new research from Mitek. Mitek found digital identity is becoming a key enabler for online banking and on-demand financial ...
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Last week, Menlo, CA headquartered fintech investment app Robinhood launched fractional share trading that allows investors to buy as little as one-millionth of a share or one dollar of any stock for no fee. It’s not the only fractional share service out there but it’s ...
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Here’s your weekly global payments news roundup, all wrapped up in one handy reading package. Juniper Research reports global remittances hit $682.6 billion in 2018 with much more on the horizon. We look closely at the growth of fake five-star reviews on Amazon and other ...
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Ten credit unions launched the Interac Debit payment system with Google Pay, allowing Canadian consumers to pay for purchases using their Android phones. Canadians have used the interact debit payment system for more than 20 years and this marks a big step forward for Google ...
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Global payments news was humming this week and we’ve got a news roundup to keep you on top of the latest developments. With a record US Black Friday sales weekend, fraud prevention firm iovation estimates 15% of transactions online were fraudulent. The record US Black ...
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Credit Suisse predicts India’s payments market will be worth more than $1 trillion by 2023. Guess who’s already dominating this burgeoning payments market? You might be surprised to learn that it’s two American companies that are leading the payments industry in India – Google Pay ...
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