Report: Mobile commerce fraud increased in 2014

Revenue that mobile commerce merchants lost to fraud spiked 70 percent in 2014 to 1.36 percent compared with 0.80 percent in 2013.

MasterCard brings Apple Pay to PGA Tour event

Food and beverage concessions near the16th hole at TPC Scottsdale golf course will be contactless enabled.

WePay adds Google Wallet Instant Buy support for online purchases

InvoiceASAP, which provides invoice services for small businesses, is the first WePay customer to implement the Instant Buy feature.

Silver surfers ride the waves of mobile banking in the UK

Nearly 2.3 million consumers between 70 and 100-plus years old are now using Internet banking, according to new industry figures compiled by the British Bankers Association.

Coinbase launches first US-based bitcoin exchange

The company has regulatory approval from 23 states and the Commonwealth of Puerto Rico.

Loyalty (and caffeine) continues to drive Starbucks' mobile success

The company soon will roll out its mobile order-ahead service to 600 locations throughout the West Coast.

Mobile use in car shopping rises dramatically

The increase in mobile device usage is being led by used car buyers, who showed the most significant increases in using smartphones and tablets for car shopping.

Vend adds iZettle's EMV card reader to Register iPad app

The companies are announced a limited promotion for customers who sign up in January and February to receive a free chip and PIN card reader and free transactions for their entire first month.

Xoom adds Touch ID to mobile funds transfer app

Company also reports seeing high volume coming from mobile devices.

TSYS, Ingenico partner to offer merchants new POS product

Smart terminals will accept magnetic stripe, EMV and NFC payments.

Amazon's mobile wallet finds a quick end after only 6 months

The company Tuesday sent Amazon Wallet users an email that said the beta program for the mobile wallet had concluded and that the app would no longer be available for new downloads.

Bitcoin wallet provider Coinbase lands $75M in funding from FIs

The cash infusion is the largest ever for a bitcoin company, Coinbase said.

No Internet? Fortumo's new Android SDK can still process payments

Direct carrier biller Fortumo today announced it has launched a new version of its Android in-app purchasing SDK for app stores. The new SDK can process payments even when users are not connected to the Internet, according to a press...

Ayden processed $25 billion in transactions last year

Based on figures from the end of 2014, the company has achieved an annualized run rate of $30 billion in transaction volume processed.

Ingenico debuts new mPOS product for small businesses

Company partners with Beamm to provide merchants with a product that combines tablet POS software with cloud-based tools.

Gemalto to deploy prepaid EMV bankcards in South Africa

The card is certified by the major payment schemes and accepted at more than 27,000 ATMs and 240,000 EMV-compliant POS terminals throughout the country.

Customers Bank launches mobile-only FI with network of 55K free ATMs

The mobile FI is focused especially on serving demographic groups that include millennials, Gen X-ers, and tech-savvy baby boomers.

Bankers praise SCOTUS decision to let interchange ruling stand

An appeals court previously rejected retailers' efforts to reduce the interchange cap set by the Fed pursuant to the Durbin Amendment.

Integrity now offers CardFlight mPOS to its merchant customers

The SwipeSimple product includes encrypted mobile card readers, payment acceptance applications for iOS and Android devices, a real-time reporting and admin dashboard for merchants, and a reseller portal.

WorldRemit signs pact with African telecom for mobile transfer services

Partnership enables WorldRemit customers to send remittances instantly to MTN’s Mobile Money customers.

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