Google Wallet funds backed by FDIC

Google will hold Wallet balances in multiple FDIC-insured banking institutions, according to a report.

Verifone enlists Thales to protect card data

Verifone now uses Thales nShield hardware security modules for its end-to-end payment encryption product.

ICICI Bank largest launches NFC-based mobile payments in India

Called "Tap-n-Pay," the service enables any consumer to make over-the-counter payments either with an NFC-enabled tag or mobile phone at a merchant's point-of-sale device.

Mobile payments app for restaurant goers seeks to cut wait time and feed the hungry

Full Society launches IndieGoGo campaign to finalize app development designed to allow users to donate when paying for a restaurant bill.

Neiman Marcus introduces new Snap. Find. Shop. mobile application

New app will allow customers to interface with all of the retailer's inventory using images the user takes of in-store items.

Levi Strauss and Lululemon detail RFID expansions

Both companies are fully migrating to the technology for their garments in stores.

Global report shows big strides in reducing numbers of unbanked

China saw the greatest increase with 15 percent of adults brought into the banking system; South and East Asia and the Pacific followed, with 14 percent apiece.

Burrito chain brings loyalty program to Google Wallet

Currito's presence in Google Wallet comes just one month after Google announced plans to pre-install Google Wallet on all Android phones.

Apple Pay poised to debut in Canada

Apple is reportedly is negotiations with Canada's major financial institutions to launch Apple Pay in the country later this year.

Proxama launches new service for HCE and tokenization

The Digital Enablement Platform is a suite of digital payments products intended to simplify card issuers' adoption of NFC payments based on Host Card Emulation and tokenization technologies.

Discover gives cardholders new fraud prevention tool

Freeze It that acts like an on/off switch to stop new purchases from being made with a cardholder's account.

Trade group updates specifications for NFC tags

Signature RTD 2.0 provides developers with a way for users to verify the authenticity and integrity of data within NFC Data Exchange Format (NDEF) messages, the means by which NFC devices and tags exchange information.

Bitcoin ATM rollout pending for Canadian exchange

Starting in June, the QuadrigaCX bitcoin exchange will begin an installation push in major Canadian cities, with units to be brought online in batches of five.

Study: New cyberthreats come in old packages

A Verizon report says that cyberattacks are increasingly sophisticated, but they're still carried out using the same old delivery techniques — phishing and hacking. Will we ever learn?

MasterCard's mobile ordering app powers new Harlem restaurant

The app, embedded with MasterPass, enables consumers to pay their bill when they're ready to leave an establishment.

Canada introduces mobile payments code of conduct

The code promotes merchant choice, fee transparency and disclosure, and fairness in the credit and debit card market.

On the run? Tap and pay with Amex and the Jawbone fitness tracker

American Express and Jawbone announced a new partnership that gives eligible U.S. American Express cardholders the ability to tap to pay with the new Jawbone UP4 fitness tracker.

Community FIs counting down the hours to Apple Watch launch

Maluzai Software is working with eight community FIs to offer its SmartwearApps to mobile banking customers who plan to strap on an Apple Watch when it becomes available on the 24th.

Cayan to use Recombo for onboarding services

Cayan, a provider of payment technologies, is leveraging Recombo's Agreement Express product to deliver an easy onboarding environment for its customers.

Elavon SDK update enables merchants to accept Apple Pay

Elavon said the Commerce SDK comprehensive kit also accelerates a business' ability to implement a secure, EMV-compliant payment product.

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