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The report goes on to note that banks are still in a strong position to develop innovations that improve the customer experience despite the rise of other competitive payment providers.
The companies will launch the the program later this fall at select Chevron stations in San Francisco and Silicon Valley.
The Winklevoss twins' new bitcoin exchange, Gemini, has become one of the first to be approved for a BitLicense from the NYDFS.
Bigcommerce merchants will be among the first to have access to Buyable Pins.
The partnership is intended to broaden the geographical reach of Cellum's service as well as offer and foster international acquiring and settlement in less widespread currencies.
Adidas, Best Buy, and PacSun are among the first retailers to use the feature.
P97's PetroZone product provides merchants with a mobile marketing and commerce platform that supports mobile payments, digital offers and customer rewards, as well as integration with loyalty hosts.
The company describes its contextual commerce as the intelligent matching of purchase intent in one app with the services that can fulfill it in another app.
PayPal first introduced the particular device in Australia and the U.K.
The system enables users to pay with their smartphone using their bank's Digicash app and to link it to their Auchan loyalty card.
The app is exclusive to to Canadian Tire Options MasterCard members.
Bell ID said in an announcement it is the first vendor to receive approval from three schemes for its HCE platform.
Android tokenization capability means that CSI customers can now fully participate with the major mobile wallet schemes, the company says.
By the end of 2015, 60 percent of cards will have chips, compared with 30 percent in June, the Payments Security Task Force says.
Paytm said the investment will help it to achieve scale and develop new products.
The company has partnered with Sophitech, a Latin American point-of-sale software provider.
Seventy percent of consumers said that they use a mobile banking app a few times a month or more.
Merchants using 1Pay now can collect payments in Thailand, Vietnam and Indonesia by charging payments to users' phone bills.
Consumers have made more than 1.5 million total transactions to date, with approximately 60 percent of the transactions taking place on the Galaxy Note5 device.
The service enables consumers to buy online and digital items from mobile Web browsers and charge those purchases to their mobile phone bill.